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Private firm re-energised after reaching big sales league

 Published on: 23rd July 2018   |   By: Tim Green   |   Category: Uncategorized

A private firm which has its global head office in Kings Langley has been listed as one of the country’s biggest.

Renewable Energy Systems Ltd (RES), at Beaufort Court just off Egg Farm Lane, has made it on the HSBC Top Track 100 league.

Owned by the Sir Robert McAlpine family trust, RES develops, constructs and operates renewable energy projects worldwide. 

Last year, it sold its Japanese division to Australian investment firm Macquarie for an undisclosed sum to complete the restructuring of its operations. Under chief executive Ivor Catto, 51, turnover grew 17 per cent to £886million in 2017 as the group built more sites in America and sold a number of UK developments.

The company’s name was published in The Sunday Times on a list ranking Britain’s 100 private companies with the biggest sales, currently ranking at 68 in the league.

Donald Joyce, RES Group’s chief financial officer, said: “RES’ headquarters have been in Hertfordshire for the last 35 years. We are proud to be based in Kings Langley at the former Ovaltine Egg Farm and our wind turbine on the edge of the M25 is a local landmark. 

“As the world’s largest independent renewable energy company, RES now employs more than 2,000 people across 10 countries supporting the growth of affordable renewable energy and it’s great to have been recognised by The Sunday Times.”

Renewable Energy Systems was started in 1982 as part of the Sir Robert McAlpine group of engineering and construction companies.

Paul Hamer, chief executive officer, Sir Robert McAlpine, said: “We are delighted to be listed in The Sunday Times Top Track 100. 

“Sir Robert McAlpine is a family-owned building and civil engineering company headquartered in Kings Langley. 

“Our mission is to proudly build Britain’s future heritage, and we are honoured to have worked on some of the country’s most iconic buildings and projects in our 150-year history, such as the Olympic Stadium, O2 Arena, Emirates Stadium and the Eden Project.”

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