ONE of the UK’s leading suppliers of heating and renewable energy services has backed a £306m takeover by support services giant Carillion.
Newcastle-based Eaga, founded in 1990, employs 4,000 people and works with the Government, local authorities and housing associations to lower carbon emissions and energy consumption, mainly in low-income households.
It is one of the UK’s largest installers of central heating systems and provides emergency breakdown cover and servicing for 160,000 local authority and social housing properties.
Carillion said it had identified the low carbon market as a strategic area of growth and that the Eaga acquisition will create a platform to build the UK’s largest independent energy services provider.
