EAST Solutions receives strategic investment from Pallant Capital

Energy and System Technical Limited (“EAST Solutions”) is delighted to announce that Pallant Capital has become a majority investor into the business. EAST Solutions was founded in 2009 with its Head Office in Downham Market, Norfolk and is a specialist High Voltage (HV) electrical engineering firm  providing Independent Connection Provider (ICP) services up to 132kV, electrical and civil design services and operations and maintenance services.   The business operates throughout the UK supporting clients across many industries including renewable power generators and industrial, commercial and manufacturing users. 

This investment comes as the Company embarks on the next phase of its growth journey and sees Pallant Capital join the board alongside the existing management team. This partnership ensures the Company retains its independence with the management team running the business and enables the Company to continue to scale up to meet ever increasing demand to best support clients operating both existing HV networks as well as helping develop new HV networks across the UK. 

Pallant Capital, located in Woodbridge, Suffolk, is a single family office and investment team focused on backing successful businesses operating in growing and attractive industry sectors. 

Michael Delgudice, Managing Director of EAST Solutions added “We are delighted to welcome Pallant Capital into the business and this strategic investment is an incredible show of support and backing for both the existing management team and everyone in the business.  We look forward to continuing to grow and develop the business, all whilst retaining our independence and being a partner of choice for clients across the UK and up to 132kV”. 

Tobias Mynhardt, Principal at Pallant Capital said “We had identified this sector some time ago as attractive for investment given its underlying growth.  We looked at a number of opportunities in the space and were particularly impressed by EAST Solutions expertise through the full life cycle of design, construction and maintenance  of HV networks, together with the leadership of its ambitious management team. We are very pleased to be supporting the business in the next phase of its growth as the UK’s energy transition accelerates.”

For any further enquiries please contact Michael Delgudice on 01366 388154.