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Pipemech and Initiative Capital Strategic Partnership

24 Feb 2016 10:50 AM[Author]
Pipemech and Initiative Capital Strategic Partnership

Pipemech and Initiative Capital have agreed to work in partnership to identify future business opportunities related to the energy sector.

The global energy and construction sectors are facing significant challenges in the short to medium term resulting from substantial changes in current global economic conditions and low commodity prices.

In mitigation to current economic challenges, technology advancement has resulted in a considerable reduction in cost, along with the increased capacity to capture and store renewable energy.

The increased contribution of renewable power to grid networks, adds dynamic load balancing pressure to the existing generating asset mix that typically struggles to provide the variability required.

Initiative Capital’s investment experience, structure and process, combined with project development capacity, asset owner and fundamental energy market knowledge, united with Pipemech’s project delivery expertise, enables this partnership to create a distinctive capacity to identify and deliver energy related business opportunities.

Renewable energy technology and traditional energy efficiency advancements, present this partnership with a unique opportunity to apply a holistic and multiple energy source management approach to new and existing projects, through the benefit of packaged energy and cooling solutions providing:

  • Market leading cost and environmental advantage for Clients;

  • Competitive rates;

  • Total energy efficiency benefits; and

  • Scalable solutions.

To capitalise upon the opportunities presented a Pipemech associated company: Consolidated Energy Services Pty Ltd (CES), has been launched and will deliver a concept design through to facility management capability which includes private equity funding options in a global area of operations.

Consolidated Energy Services Pty Ltd (CES) will focus on delivering the same exceptional results for clients that has allowed Pipemech and Initiative Capital to establish and build their successful business to date.