East Midlands-based energy company successfully acquires additional business customers

East Midlands-based energy company successfully acquires additional business customers

Yü Energy have today announced the acquisition of an additional 400 business gas meter points.

The transfer has been successfully completed and Yü Energy will take forward the energy supply for these customers from the seller, a Midlands-based group which is exiting the energy supply market, with immediate effect. The customer book consists of gas contracts to a diverse customer base, operating within sectors including healthcare, manufacturing and retail.

This announcement further supports Yü Energy’s ambitious expansion plans, complementing strong organic growth and following the recent successful transfer of c. 4000 business meter points from Bristol Energy.

With an established template for integrating customer acquisitions, alongside the Group’s scalable operating platform, this will allow an easy and seamless integration of this new customer book into Yü Energy with no notable additional cost to serve burden. 

Yü Energy, which is part of Yü Group PLC, is a specialist business energy and water supplier operating throughout the UK, supplying over 14,000 business meters. The customers transferring to Yü Energy will benefit from Yü’s unique multi-utility offer covering electricity, gas and water supply as well as solutions including electric vehicle charging stations, the business smart meter rollout and the choice of 100% green electricity plans. Our multi-utility offer and commitment to customer service, is focused on delivering Yütility Simplicity, helping to save businesses time and money.

Bobby Kalar, Chief Executive of Yü Group PLC, said:

“We are delighted to be adding these additional customers to our highly scalable platform.

We have already successfully migrated the customers, and beyond this, there is further value we can provide our new customers with the additional products and services we offer.

Following the recent successful acquisition and seamless integration of the Bristol Energy’s B2B book we now have a proven template for deals to complement our accelerating organic portfolio. We see a number of further opportunities in the market, and combined with our continued significant organic growth, are excited by the future.” 

 


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