Energy firm in €2.8m acquisition

Cork-based company, REACT Energy has positioned itself as the market leader and main consolidator in the UK’s thriving small-to-mid- sized energy infrastructure market.

Formerly, “waste-to-energy” specialist, Kedco, the AIM-listed company changed its name to REACT (Renewable Energy and Clean Technology) to better illustrate its change of focus to biomass energy infrastructure.

The company — which has more than 15 biomass plants in Ireland either already operational or at some point during the planning process; and another four in the UK — yesterday announced the £2.3m (€2.8m) acquisition of Cambridge-based biomass plant developer, GG Eco Solutions (GGES).