Energy merger: Catalan company Energy Tools joins forces with consultancy ACE

BarcelonaThe Catalan consultancy Energy Tools and the Madrid-based ACE-Servicios de Gestión de Energía have reached an agreement to merge and create the largest energy consulting group for large consumers. The resulting company will have more than 50 professionals and a management portfolio of over 25,000 supply points and a volume exceeding 15 terawatt-hours (TWh). It will have a turnover exceeding five million euros per year.

The business of these companies focuses on advising large industrial groups that consume significant amounts of energy. While Energy Tools specializes in electricity and gas and also in working to offer lower energy consumption and costs, ACE helps its clients become more energy efficient and understand the workings of the energy market, regulations, and legislative changes.

In a statement released this Tuesday, both consultancies explained that Energy Tools' Energy Business One technology platform will be one of the differentiating factors of the new group. It is designed to automate processes, centralize information, and transform data into strategic decisions, all with the aim of optimizing financial planning, detecting deviations in real time, and identifying the most efficient contracting alternatives through direct connection with energy markets.

"We were the market leader in Catalonia in the industrial sector, with more than 700 clients, and we have joined forces with the largest consulting firm in Madrid, which manages very large clients and very large multinationals," explained Energy Tools CEO Jordi Rabat in statements to ARA. This merger will create the largest independent consulting firm in the entire country. "We are independent because energy suppliers do not remunerate our model," he added.

For ACE manager Francisco Espinosa, the merger allows them to offer large consumers "more precise, efficient, and aligned solutions," he explained.