eEnergy Group completed the acquisition of UtilityTeam for £21m.

eEnergy Group, an energy services company, completed the acquisition of UtilityTeam, an energy management business providing comprehensive management, consultancy and procurement services to industrial and commercial clients with a particular focus on large, complex, multi-site portfolios, for £21m. "The acquisition of UtilityTeam, when combined with our existing businesses, gives eEnergy the ability to offer customers a broad range of services and expertise in energy management, energy efficiency and intelligent measurement & analysis. It is in line with our strategy to "buy and build" a portfolio of complementary operations that can take full advantage of market demand for zero carbon energy and energy data," Harvey Sinclair, eEnergy CEO.