Clearwater has advised LDC on its significant investment in Boston Energy, a technical services provider to the wind energy industry, as it targets further international expansion.
Based in Beverley, East Yorkshire, Boston Energy employs and trains specialist technicians to support the build and maintenance programmes of onshore and offshore wind farms across the globe, including in Europe, APAC and North America. Boston Energy’s client base includes the world’s biggest OEMs and Wind Farm Operators.
Boston Energy technicians support thousands of wind turbines across four continents, and the company has delivered more than 100 projects across the globe since 2012. It was recently awarded a significant new contract to support the Dogger Bank Wind Farm in the North Sea, the world’s largest offshore wind farm, which is a testament to its industry recognised credentials in offshore wind.
LDC’s investment will enable Boston Energy to take advantage of opportunities to grow in all of its core markets globally to support the transition to a clean energy economy. LDC is backing Boston Energy’s CEO Julian Cattermole in a management buyout from the wider group of Bostonair companies. Mark Parkes, who founded Bostonair Group in 1997, will remain involved in the business as a major shareholder and Non-Executive Director.
