Blue Pearl Energy integrates HVAC specialist BST to its energy services network to increase its position in the collective housing market29 Nov 2022
Blue Pearl Energy is now integrating the Brittany-based climate engineering specialist BST, into its network of SMEs specializing in B2B energy services. Thanks to this 13th acquisition, the platform continues its rapid growth and strengthen its presence in the West of France at a time when the French RE 2020 regulations become mandatory for new buildings.
Founded in Brittany in 1972, BST employs 160 people specializing in the design, installation and maintenance of plumbing, heating and ventilation equipment for new and existing collective housing buildings. By joining Blue Pearl Energy, this SME with a turnover of €15 million reinforces the expertise of Blue Pearl Energy in this key sector of the energy transition.
With 50 years of experience, BST has acquired tremendous expertise in energy efficiency projects and can develop and implement tailor-made energy solutions for customers. With the support of Blue Pearl Energy, BST will now also be able to offer global solutions including equipment financing for both new projects and building renovations.
“With the arrival of BST, Blue Pearl Energy is increasing its ability to offer energy performance contracts for collective housing projects. This is particularly relevant for renovation projects, which are required to significantly improve energy efficiency. It is also becoming crucial in new buildings, which must follow RE2020 regulations, with low energy consumption and the production of onsite renewable energy,” says Eric de Seguins Pazzis, co-founder and CEO of Blue Pearl Energy.
BST’s customer portfolio in the collective housing sector is an important addition to Blue Pearl’s existing customer base in this market segment, where it is already active through its SMEs Alpes Energie, Saniquatair, ECCI-DURBIANO. BST has a deep pool of expertise in the design and installation of sanitary and thermal equipment for local authorities as well as other public and private customers.
“By joining Blue Pearl, BST can retain its managers and its entrepreneurial spirit, like all SMEs that have joined our platform, while benefiting from the commercial strength of our network.”, concludes Eric de Seguins Pazzis.
Jonathan Collings | Alesia Communications
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About Blue Pearl Energy
Blue Pearl Energy was founded in early 2020 by a group of experienced executives in the energy services sector, with the aim of developing a European platform for B2B energy services. The Blue Pearl Energy platform is independent and supports the development of SMEs with complimentary skill sets, in order to offer its customers energy efficiency solutions that are comprehensive, competitive, reliable and long-term, thereby enabling them to rise to the challenges of the global energy transition. Supported by the 3rd infrastructure fund from DWS, one of the biggest asset management firms in the world, Blue Pearl Energy plans to invest €600 million to complete some twenty acquisitions over the course of the next five years.
BST is a Brittany-based SME specializing in the design and installation of tailor-made plumbing, heating and ventilation equipment for collective housing. BST carries out energy efficiency work and offers global financing solutions. Based near Rennes, with an agency in Saint Malo, BST was founded in 1972 and then bought by the Papot family in 2015. The company employs 160 professionals.Back to news