West Sussex-based Wagner Solar UK has relaunched as Wagner Renewables following the insolvency of parent company Wagner & Co.
Following the Germany-based parent company’s insolvency, Wagner Renewables is now a 100 percent independent venture. The team remains the same.
Managing director Mark Osborne said: “Wagner Solar UK Ltd occupied a unique position in the Wagner Group as the only subsidiary not wholly owned. We operated very independently from Wagner & Co in Germany and started 2014 with an impressive project pipeline with enquiries growing daily after climate change minister Barker opened up the medium-scale rooftop segment.
“The news in Germany is unfortunate for our colleagues and for the industry as a whole. Wagner & Co is one of the pioneering companies in the German solar sector and has played a big role in shaping the industry in Germany. For us, this is an opportunity to strengthen our autonomy and build on the early growth we have experienced in 2014.”