Element Energy is a successful and well-regarded consulting company, recognised for its technical expertise and knowledge of low-carbon energy technologies and markets. Founded in 2003, and operating out of offices in Cambridge, London and Brussels, it helps clients develop innovative low carbon technologies, and understand the impact these will have on future energy systems and markets.
The business has grown strongly over recent years, helped by the contribution of several individuals. In order to ensure key members of staff are fully benefitting from their input to the growth of the business, and to incentivise their continued strong performance, Shane Madden and Ben Slater have extended ownership of Element Energy to other members of the team. Shane and Ben remain shareholders and will continue to lead the team.
Commenting on the deal, Shane said: “Element continues to grow strongly with our success driven by the quality of our people. That’s why it’s strategically important for us to broaden the ownership of the company."
Lake Falconer of PEM Corporate Finance said: “We are delighted to support Shane and Ben in bringing this deal to a successful conclusion. This deal allows Element to retain key talent and expertise which will support the business towards the next stage of its development. We wish the business and team every success for the future.”
Legal advice was provided by Mark Whittaker of Ashtons Legal.
Image: Ben Madden, Shane Slater and Ian Walker.
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