EDF power solutions has acquired Obelisk, a professional engineering partner specializing in telecoms and renewable energy infrastructure solutions, for an undisclosed amount. This corporate acquisition signifies a strategic move to integrate Obelisk's specialized capabilities and workforce into EDF power solutions’ operations.
Obelisk provides full end-to-end managed solutions and delivers complex engineering projects globally, with 25 years of experience. The company’s services encompass innovative telecommunications infrastructure, including wireless and fixed line networks, and renewable energy infrastructure, such as Solar PV, EV Charging, and Wind Measurement. Obelisk has maintained 14,700 sites and built 1,704 4G and 5G sites since 2019, employing 200 people.
The acquisition is strategic for EDF power solutions, aiming to leverage Obelisk’s established expertise and specialized workforce in delivering critical infrastructure. Obelisk’s proficiency in renewable energy solutions, including solar, EV charging, and wind measurement, aligns with the evolving demands of the energy sector, enhancing EDF power solutions' capacity to deliver advanced and integrated power solutions. Synergies are expected through an expanded service portfolio and a strengthened market position in infrastructure development across Ireland, the UK, and internationally.
The combination of EDF power solutions and Obelisk is poised to create a more comprehensive provider of utility infrastructure solutions. The combined entity is expected to meet increasing demands for advanced energy and connectivity projects, offering an enhanced range of services to clients seeking robust and integrated infrastructure development.