Enova, a leader in energy management, has expanded the scope of its business to include renewable energies with the signing of an MOU between Enova’s two shareholders: Veolia and Majid Al Futtaim Ventures.

The expansion will include solar projects and operations, and maintenance services relating to water, waste water, energy services, and waste management projects. Enova is also expanding its geographical scope to include Turkey, Africa, Kazakhstan, Tajikistan, Turkmenistan, Georgia, Armenia and Azerbaijan.

Enova also revealed the appointment of its new CEO Anne Le Guennec, previously responsible for Veolia’s Business Development in the Middle East.

The signing of the agreement was attended by Antoine Frérot, CEO and chairman of Veolia Group and Ahmed Galal Ismail, CEO of Majid Al Futtaim Ventures and chairman of Enova, who also took the opportunity to welcome Anne Le Guennec as Enova’s new CEO.

With an international career at Veolia spanning 18 years, Le Guennec has considerable experience in all facets of business development, technical and operational management, and is perfectly placed to lead Enova as it enters a new phase with an expanded geographical scope and business services, a statement said.

Frérot said: “The signing of this agreement, combined with the new appointment of Anne Le Guennec demonstrates Enova’s success to date.  It is fitting that we continue to build off of Veolia’s expertise in collaboration with Enova’s existing knowledge as we expand and take our services to more markets, and we are confident that the strong partnerships we have forged will continue to drive our future aspirations as we move forward into this new era.”

Ismail said: “Enova has firmly positioned itself as a leading player in the region’s growing energy and facilities management services sector, combining in-depth regional expertise with global best practices.”

“The company continues to play an important role in transforming the industry by educating stakeholders on the long-term cost and environmental benefits of greener and more economical energy solutions.  We look forward to bringing our knowledge, expertise and technical services to more customers and projects across the region, particularly those related to renewable energies,” he added. – TradeArabia News Service