The world’s largest pure-play sustainability advisory firm, ERM, announces the acquisition of RCG (The Renewables Consulting Group) – a global market intelligence, management consulting, and technical advisory firm operating exclusively in the renewable energy sector.
The acquisition expands ERM’s capabilities to support clients across the entire lifecycle of large-scale renewable energy projects, from market intelligence and strategy development through to the development, construction, operations, and decommissioning of projects. It further strengthens the firm’s ability to advise clients on the purchase and sale of renewable energy assets, and adds deep sector experience in offshore wind projects.
The team of RCG grows ERM’s +5,500-strong firm by approximately 60 experts, based in Europe, the Americas and Asia-Pacific. RCG’s leadership team joins the ERM partnership.
ERM continues to expand and diversify its market presence through acquisitions. The deal marks ERM’s sixth acquisition announced in 2021, including related acquisitions in next-generation low-carbon technology advisory, and renewables consulting.
Keryn James, CEO, ERM said: “Our purpose is to shape a sustainable future with the world’s leading organizations. Navigating the new opportunities presented by renewables and low-carbon technologies is central to this ambition. With the acquisition of RCG, we are in an even stronger position to help our clients unlock the enormous potential of the clean energy revolution. We warmly welcome the talented RCG team to the ERM Group.”
Sebastian Chivers, CEO, RCG said: “From the outset, our vision for RCG has focused on building the most respected firm in renewable energy consulting, globally. Becoming part of the ERM Group will help us accelerate that vision and become a global leader for our clients in the energy transition. The backing of ERM will allow us to take the business to the next level.”
Lee Clarke, COO, RCG said: “We already have a track record of successfully collaborating closely with ERM across global markets and have shared values and ways of working. Operating together as a single team unlocks competitive advantage for clients throughout the project lifecycle."
RCG is a global market intelligence, management consulting, and technical advisory firm focused solely on the global renewable energy industry, with regional headquarters in London, New York and Tokyo.
Founded in 2015, the company is led by its executive team, consisting of CEO Sebastian Chivers, COO Dr Lee Clarke, Chief Strategy Officer Dan Pearson and three regional leads. They have extensive expertise in the renewable energy sector and experience working across major energy, power and utilities companies, as well as energy consultancy firms.
The firm received the ‘Queen’s Award for Enterprise’ for significant overseas sales growth, by Queen Elizabeth II of Great Britain in April.
Founded 50 years ago, ERM is the largest global pure-play sustainability consultancy. The firm employs more than 5,500 consultants across 160 offices in over 40 countries. It reported gross revenues of over $1 billion in the 2020 financial year (ending March 2020).