Green Building Renewables buys Newark firm as it pursues £100m revenue target

GBR, which specialises in installing products like heat pumps and solar panels to residential properties, has set a £100m turnover target by the end of 2025. The firm said its latest acquisition, which will further expand its market into Nottinghamshire and Lincolnshire, now puts it at £42m turnover.

Managing Director of Green Building Renewables, Chris Delaney, said, 'JL Phillips is our eleventh acquisition and it demonstrates our commitment to continually investing in renewables and low carbon technology across the country as we aim to build the largest renewable installation company in the UK.” Jason Phillips, Managing Director of JL Phillips, said: “Our team is excited about joining Green Building Renewables nationwide network of renewable energy experts.

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