EnergyAustralia is set to complete its acquisition of solar and LED lighting company Echo Group, subject to Foreign Investment Review Board approval.
EnergyAustralia Chief Customer Officer, Mark Collette, said the purchase forms part of EnergyAustralia’s commitment to offering customers affordable energy solutions.
“Since acquiring 49 per cent almost a year ago, Echo Group has demonstrated that they are leaders in solar and energy-efficient technologies.
“We’re excited to continue our joint work of supplying businesses and households with energy products and services that save money.”
Echo Group will continue to operate under its local brand offerings: ‘Cherry Energy Solutions’, ‘Eko Energy’ and ‘Littil LED’.
The business was established in 2012 with four employees and three warehouses, in a suburban park. Echo has since grown to a 70-plus person operation, including an in-house solar and LED installation team based in Melbourne’s south east.
In total, Echo has installed more than one million LED lights and completed 10,000 solar installations.
