2B Energy Ltd becomes Cierco Ltd

Aberdour: On March 19th 2018, Cierco Corporation completed its acquisition of 2B Energy Ltd, based in Aberdour, Scotland. The company has been focused on project development to facilitate the 2B Energy technology deployments. The acquisition also includes the Forthwind Ltd project company, holding the Methil development project asset.

By the acquisition, the company will continue to operate under the new name Cierco Ltd, as a fully owned subsidiary of the US parent Cierco Corporation. Going forward, the company will continue its business on a technology neutral basis.

Mikael Jakobsson, CEO of Cierco Corporation stated: “We are pleased to come to this arrangement with 2B Energy. The new company will continue its business but over the next few months redefine its business plan more in detail. We have a very competent team, experienced in both project development and project delivery, including foundation and substructure engineering. We will aim to maximize the values we have internally and build on these for the future business.”