Leeds-based Renew acquires Excalon Holdings, a UK high-voltage infrastructure firm, for up to £26m.

Leeds-based Renew acquired Excalon Holdings, an infrastructure contractor specializing in high-voltage infrastructure for the UK's electricity sector, for up to £26m. The acquisition aligns with Renew's strategy to focus on markets with maintenance and renewal programs backed by long-term funding. Excalon has multiple long-term frameworks with electricity Distribution Network Operators.