Renew Energy Maintenance

Renew Energy Maintenance is an operational firm focused on delivering logistics, construction, and maintenance solutions tailored for the renewable energy sector, ensuring efficient project management and execution. Renew Energy Maintenance was founded in 2008 and operates from Sioux Falls, US. The company specializes in logistics and maintenance services within the renewable energy industry. In January 2021, Takkion Holdings LLC, a portfolio company of Apollo Global Management, acquired Renew Energy Maintenance, though financial terms were not disclosed.

The CEO is Jim Mikel. Renew Energy Maintenance provides comprehensive logistics, transportation, construction, operations, and maintenance services primarily for the renewable energy sector. Their offerings include heavy haul transportation, crane and rigging services, fixed site logistics, and electrical operations, all designed to facilitate the management of large-scale energy projects. The company services a diverse clientele, including asset owners and EPC contractors across North America and other international markets.

Renew Energy Maintenance generates revenue through a structured transactional model, primarily engaging in B2B partnerships with energy firms on long-term contracts. Services such as heavy haul transportation and crane operations are priced based on project scope, size, weight of loads, and distance, ensuring tailored solutions for operational needs. Looking ahead, Renew Energy Maintenance aims to expand its service offerings by designing new logistics and maintenance solutions specifically for the evolving renewable energy market, with potential launches expected in the next 18 months. The company plans to broaden its geographical footprint into regions such as Europe and Asia by 2023.

The acquisition by Takkion Holdings LLC in January 2021 will support these initiatives, providing necessary resources and expertise to enhance operational capabilities and market reach.