Weev buys Belfast energy management firm Everun's EV division

Northern Ireland electric vehicle infrastructure company Weev has bought the electric vehicle (EV) division of renewable energy business Everun for an undisclosed sum.

Under the terms of the deal, Weev has acquired the public and workplace EV charging network and customer base of the Belfast energy management firm in a move which will increase its network across both segments.

It will also help Everun as it drives forward its growth in the wind sector specialising in onshore turbine management.

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Philip Rainey, Weev CEO, welcomed the acquisition.

“We’re on an exciting journey and have been working hard to build our EV charging network across the Island,” he said. “When the opportunity came up to acquire additional charging points and add to our ever-growing customer base, we jumped at it.

“Everun is a trailblazer in energy management solutions and with so much development across the UK for wind farms, it made sense for them to look at a right-fit partner they could carve off their charging point network to, allowing them to focus on their specialist sectors. We’re very pleased to incorporate the Everun network and bring all existing customers into the Weev community seamlessly.”

Michael Thompson, Everun MD, said the business wants to focus on its core business.

“While electric vehicle solutions has been a successful part of the Everun business for the past few years, we made a decision to focus our efforts on core competencies in onshore wind and energy engineering, and our ongoing expansion across Ireland and Scotland. This sector is primed for growth as the UK looks to meet its 2030 obligations on renewable energy sources.

“Weev as a brand is growing at a fast pace and a perfect network for our EV assets and customer base to be incorporated into.”