Element Energy joins sustainability consultancy ERM
Global sustainability advisory ERM has confirmed its seventh purchase of 2021. The acquisition of Element Energy adds around 90 professionals to ERM’s growing global presence.
ERM CEO Keryn James noted, “With this latest acquisition, we are further strengthening our leadership in this rapidly expanding sector. This puts us in a unique position to help our clients unlock the huge potential of current and disruptive low-carbon technologies, and to support them at all phases of their decarbonisation journeys.”
As companies look to deliver on their net zero commitments, clients are regularly turning to consultants for help improving their green credentials. At the same time, low-carbon technologies will play a critical role in accelerating the clean energy transformation – and the deal for Element Energy gives ERM crucial access to such technological expertise.
Founded in 2003 in Cambridge, Element Energy provides integrated solutions to help clients deploy low-carbon technologies and supporting systems on a large scale. The company drives the development, commercialisation and deployment of emerging low-carbon technologies, often for the first time, through its work with organisations, and its leadership role in international research and development consortia.
The acquisition brings this expertise to ERM, which will be better positioned to aid in the implementation of emerging technologies as hydrogen and fuel cells, electrification, energy storage and carbon capture use and storage. The company also adds approximately 90 employees in the UK, France and Australia, to ERM’s headcount of more than 5,500.
At the same time, the deal gives Element Energy access to ERM’s global client base. Co-founder, Ben Madden, will form part of the firm’s leadership team, along with Celine Cluzel, Ian Walker, Alex Stewart, Lisa Ruf, Sam Foster, Mike Dolman and Mark Hughes.
Madden said, “We are delighted to be joining ERM. We are very much looking forward to deepening our relationship with the ERM Group over the coming months, following numerous successful collaborations pre-acquisition. We are confident that the alignment in values between our organizations means that we will have a successful future serving the needs of our clients and bringing about the change required to achieve the global energy transition.”
The move is the latest in a campaign of rapid acquisitions at ERM. The firm had already completed six in 2021, with the most recent two coming in June and July.
