One of Canada's foremost providers specialising in sewage and waste water heat is bringing its unique renewable energy technology to Europe by setting up a UK subsidiary based in Nottingham.
International Wastewater Heat Exchange Systems Inc. (IWHES), based in Vancouver, has formed the new company IWWS (UK) Limited, which will trade in the UK and Europe as SHARC Energy Systems.
The Nottingham base represents SHARC Energy Systems UK and European operational head quarters.
Russ Burton has been appointed CEO. He is a Chartered Surveyor and was formerly Director of Property Management for Enterprise Inns.
SHARC Energy Systems will specialise in unique sewage and waste water heat recovery systems that deliver a sustainable energy source to public and private sector commercial and multi-occupancy residential buildings, either as a new build or retrofit installation.
Its pioneering and market-leading waste water technology system was developed in Canada by IWHES' founding team of technical and engineering professionals who have over 100 years combined experience in the heating, ventilating and geo-exchange industries with some impressive case studies.
Lynn Mueller, President of IWHES comments: "IWHES has been developed as a result of over 100 years of complementary engineering skills from which we have developed the SHARC system to recover heat from sewage and waste water. We have completed a number of key projects in Canada which are delivering some excellent results. We recognise the parallels in the UK and Europe and the opportunity to launch through what amounts to a Joint Venture Company together with the local management, is very exciting."
The deal to set up and structure SHARC Energy Systems has been managed by Tom Mawhood of Turning Point UK Limited, who comments: "This is an exciting new opportunity for Nottingham and Russ Burton as its CEO. IWHES Canada is established as a leader in the development and installation of renewable energy systems that utilise the very latest in environmental technology. Not only does this investment introduce a pioneering new renewable technology in to the UK and Europe, but it also brings the opportunity for manufacturing jobs too. There is a strong team behind it and the real opportunity to create a high growth company.
"Its credentials and an impressive portfolio of existing customers prove the viability and pedigree of this technology, and this is an exciting new company for Nottingham."
Russ Burton adds: "SHARC Energy is set to play a significant role in bringing leading sewage waste water heat recovery systems to the UK. We have plans to build a dedicated manufacturing base in Nottingham and create at least ten skilled jobs."
Duncan James of Shakespeares acted on behalf of IWWS (UK) Limited, and Tom Gray of Actons advised the incoming investors of the new company. MA Chartered Accountants are providing financial support to IWWS (UK) Ltd.
SHARC Energy Systems Limited will officially launch at an event at Nottingham Trent University on Tuesday 3rd June.
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