Edison Energy works with corporations, local governments, universities, and other organisations to realise their renewable energy and sustainability goals. Its merger with Alfa Energy will double its size and expand reach to 22 countries.
- Energy consultancy Edison Energy, trading in Europe as Altenex Energy, is merging with Alfa Energy to drive its energy consultancy business forward.
- The merger is another sign of the continuing growth in the consulting market as companies try to come to terms with a different operating environment.
- As global consultancies gear up for market growth, expect to see more consolidation in the market.
The two entities are coming together to help the world’s largest and middle-market corporate, industrial and institutional clients set and meet robust sustainability commitments and navigate the choices and opportunities that are emerging from the global transition to a net-zero future.
Based in the UK and with a pan-European presence, Alfa Energy has worked with some of the world’s largest organizations to procure and manage their energy as they seek ways to meet their energy, sustainability, and technology needs.
Partners take the next step to a merger
Alfa Energy has been a trusted Edison Energy partner for more than seven years, creating strong relationships among the organisations’ leaders and team members through their mutual engagement with clients.
“With more global clients seeking ways to decarbonize their operations, the time is right for Edison Energy to expand its platform across the Atlantic, with service to 22 European countries,” said Oded J. Rhone, CEO of Edison Energy.
“During this time of turmoil in the energy markets, customers’ needs are rapidly evolving. The combined capabilities of Edison and Alfa more fully position us to help our clients set and meet their energy and sustainability commitments in a timely and thorough manner.”
As Edison Energy and Alfa Energy become one global company, its combined experience and expertise, technological capabilities and local market intelligence will allow the advisory firm to help organizations achieve their strategic, financial, and energy and sustainability goals.
“Alfa Energy has made a significant service contribution to commercial and industrial clients in the UK and Europe,” said Damir Ahmovic, Alfa Energy CEO. “By joining forces with Edison Energy – which has been our long-term partner in the delivery of services to global accounts – that dream is now a reality. A sustainability agenda demands systemic decarbonization. The enhanced deliverables of the combined company will position us to help our clients navigate their way towards a better future.’’
“Decarbonisation is a strategy that must be implemented at a global scale,” said Hannah Badrei, Vice President of Edison’s Energy Supply Advisory. “In highly volatile commodity markets, our global clients are seeking integrated energy risk management and procurement solutions that are sustainable and resilient. The integration of our companies will help our clients achieve these goals.”