September 28, 2021
Business News

Wicklow energy services company sells minority stake for a Cool €31m

The Cool Planet Group which is headquartered in Powerscourt Estate in Wicklow has secured €31m in investment.

The company hope to use the funds to speed up its international expansion of its energy services division Crowley Carbon.

The company, which currently operates in in 26 countries, has received the funding from French investment group Tikehau Capital which will now take a  minority stake in the firm.

“Tikehau Capital has a huge global presence, and their investment will help us drive business globally,” Crowley Carbon CEO Norman Crowley said.

“The additional capital is further validation of the group’s success and growth prospects and also validates our mission in tackling climate change.”

 

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