Blue Pearl Energy increases its footprint in France

Source: press release, 22 March 2021

Acquisition deal signature: From left, Gautier Germaine, CFO Blue Pearl; Sébastien Ugona, COO Blue Pearl; Ylies Keddari, Président, Groupe Ventimeca; Eric de Seguins Pazzis, CEO Blue Pearl
Acquisition deal signature: From left, Gautier Germaine, CFO Blue Pearl; Sébastien Ugona, COO Blue Pearl; Ylies Keddari, Président, Groupe Ventimeca; Eric de Seguins Pazzis, CEO Blue Pearl (photo: Blue Pearl Energy)

Blue Pearl Energy, an innovative European platform for B2B energy services, has integrated Ventimeca Group, a French regional leader in the field of HVAC installation and maintenance, into its network of SMEs. This transaction strengthens Blue Pearl’s position in the energy services market in France and more particularly in the Auvergne Rhône-Alpes region.

Ventimeca Group is the fourth European SME to join the Blue Pearl Energy platform in less than a year, and the second one in France after Alcad, one of the leading HVAC installation and maintenance specialists in the Île-de-France region. Blue Pearl Energy’s innovative business model, which aims to establish a powerful network of SMEs with strong local anchoring, maximum autonomy, and a preserved SME culture, therefore confirms its strong appeal among energy services SME seeking to scale up.

Ylies Keddari, Chairman of Ventimeca Group, explains the reasons for this strategic partnership: “The rapid evolution of the regulatory landscape, as well as the emergence of a need for complete solutions among our customers, require our group to shift gear to meet increased market demands. With Blue Pearl Energy, we now have the means to meet the challenges of tomorrow and ensure our long-term growth, while preserving our operational autonomy and the DNA of our company.”

Neither large group nor SME, Blue Pearl is positioning itself as an intermediary player in a highly polarised sector. Designed to provide a reliable alternative to the large energy services providers that dominate the market, Blue Pearl Energy brings together complimentary SMEs specialising in different areas of energy services for the private and public sector. Blue Pearl is able to leverage their synergies to offer complete energy efficiency solutions for buildings and industrial sites, primarily in the fields of electrical engineering, HVAC, onsite renewable energy generation, cogeneration and energy management.

Through Blue Pearl, Ventimeca group will be able to access a new range of larger customers in demand for comprehensive energy efficiency solutions. “Blue Pearl Energy plays its role of central platform, responsible for driving the strategic vision of the network and for supporting its development by deploying new offerings and expanding its customer base. Ventimeca will benefit from this powerful commercial drive, whilst continuing to operate with a preserved culture of entrepreneurship and retaining the values of proximity, agility and customer service that made its success,” comments Eric de Seguins Pazzis, CEO of Blue Pearl Energy.

Blue Pearl Energy plans to invest EUR 600 million by 2025 to grow its platform, with a view of integrating about twenty SMEs to its European network, including four or five in France. This strong financial footing will also enable Blue Pearl Energy’s clients to finance their own energy efficiency-related investments.

Advanced discussions are underway with several other SMEs interested in the innovative model deployed by the platform. “Our goal is clear, we want to become a strong and disruptive new player in the energy services sector, independent of large energy groups, and recognised for its ability to provide its customers with comprehensive and competitive energy solutions served by our agile network of local SMEs,” concludes Eric de Seguins Pazzis.