ECOsystems acquisition

26 May 2015

Pioneer Generation Limited, has taken another step forward in its goal to diversify by acquiring the assets and business of ECOsystems Limited. ECOsystems is a leading provider of energy efficiency and optimisation solutions to commercial businesses and institutional customers. www.eco.co.nz

Pioneer’s Chief Executive, Fraser Jonker advises “The purchase of ECOsystems is another step in the company’s growth and diversification.  The ECOsystems purchase brings into Pioneer some highly skilled people that complement our existing skill base and enable us to provide our customers with further opportunities to make energy savings and reduce their emissions footprint”, says Fraser Jonker.

ECOsystems has a market leading position in energy efficiency and customer project delivery. Their expertise is in energy services that include, design, energy efficiency, optimisation, metering, lighting control and energy service agreements.  The purchase is another cornerstone investment for community owned Pioneer following a successful purchase and integration of innovative waste solutions provider Energy for Industry Ltd (EFI) in 2012.

Fraser Jonker says, “Strong synergies exist between the two businesses and ECOsystems national presence aligns well with Pioneer’s presence in Auckland, Wellington and Christchurch positioning us well to support our growing national customer base.  Pioneer is committed to helping its customers align with international best practice in meeting environmental outcomes and New Zealand has a global advantage in clean energy production supporting its future economic development.

Renewable electricity is a given foundation, so the next steps for industry are to transform our heat/cooling markets and to move our built environment performance towards global benchmarks.  We are investing in the people and capability’s to help us and our customers achieve best practice and product accreditation for their efforts”.

100% owned by Central Lakes Trust, Pioneer has returned circa $48m to the Trust for investment in community projects and services since 2000.  www.pioneergen.co.nz.

Contact:

Fraser Jonker
CEO Pioneer Generation Ltd
027 272 2006
fraser.jonker@pgl.co.nz