RTS Wind takes equity stake in Ventus Energy

Following the growth-oriented reorganisation of Topp Holdings’ wind segment, its subsidiary RTS Wind has taken a majority stake in high voltage network specialist, Ventus Energy.

The investment will see RTS broaden its capabilities in the fast-growing renewables market while being key to delivering on the wider strategic goals of the group.

Topp Holdings' MD, Christopher Topp said "this move will allow us to accelerate our plans to be a leading service provider in the renewables sector. Whilst Ventus Energy is a new entrant to the market, the senior management team have a wealth of experience and a proven track record of successfully delivering complex, high value solutions. I'm delighted to have Ventus Energy on our team".

Ken Ritson, MD of Ventus Energy said "with this partnership, we have an opportunity to accelerate the growth of our business in a sustainable way, in addition to providing an excellent environment for entrepreneurial leadership. We are determined to play our part in helping to shape the energy market for future generations and are delighted to be partnering with RTS on this journey. In the coming months we have committed to work closely with RTS to align our strategic objectives with a focus on new high value, wrapped solutions."

Ventus Energy offer a substantial service portfolio across high voltage networks which includes quality cable jointing, efficient operations, maintenance and optimisation and intelligent asset management.

RTS Wind has a wide range of services for the wind energy industry. RTS offers its clients the maintenance and repair of wind turbines, the assembly of the turbines and the service around their rotor blades. RTS teams operate worldwide and are coordinated from various offices. The investment comes at an exciting time for the company.

Both RTS' and Ventus' clients will be able to benefit from a wider range of products and services from each of the two companies' broad portfolios.