Infrastructure engineering group Entegro plans to create 100 jobs after completing the acquisition of renewable energy specialist ACEL Energy.
The deal will see Entegro form a new entity, Entegro Energy. It plans to increase its workforce from 200 to closer to 300. Revenue at Entegro has grown to more than €60m, with plans to take the company to more than €100m in the coming years.
Entegro, with a HQ located in Co Kilkenny, operates across Ireland, the UK, and the US. Founded in 2018, in 2024 it became part of the Kyntus Group, a French communications infrastructure group with global operations. Entegro's core business is the design and build of fibre and telecommunications infrastructure. Entegro is a delivery partner in the National Broadband Ireland programme.
High-voltage infrastructure solutions
ACEL Energy is an engineering-led renewable energy company specialising in solar PV, battery energy storage, and demand management. The establishment of the new entity Entegro Energy will bring complementary capabilities in delivering renewable generation, battery storage, and high-voltage infrastructure solutions across Ireland and overseas, said Entegro Group CEO John Rooney.
L-R: Declan McDonald, the COO of Acel Energy, John Rooney, the CEO of Entegro and Barry Sherry, the CEO of Acel Energy.
The acquisition also builds on Entegro’s established partnership with high and medium-voltage engineering specialist Nahanagan Electrical. "This is another milestone for Entegro as we continue to build a multi-utility business across telecoms, power and infrastructure to meet the demands of Ireland and beyond," said Rooney.
“Entegro has always sat at the heart of critical infrastructure, so moving into energy is a natural next step rather than a departure. Bringing ACEL and Nahanagan together gives us the ability to design, commission and run energy systems end to end, from an Irish base and with a trusted team that keeps growing. That is the future we want to help build, and to build well.”
ACEL Energy was founded in Co Monaghan in 2022 by Barry Sherry and Declan McDonald, who will now join Entegro. ACEL Energy’s previous projects include partnering with the Shannon Airport Group to deliver a 1.2MW ground-mounted solar PV system.
“Declan McDonald and I built ACEL on engineering-led renewable generation and storage, and joining Entegro lets us do that at a scale we could not reach alone," said Sherry.
“Alongside Nahanagan's high-voltage expertise, we can now offer clients something this market has been missing: a single partner that can take a project from design and generation through to the infrastructure that powers it, and stay with them for the long term. It is an exciting platform to be part of, and our commitment to our existing clients is only stronger for it.”