ServeU and RESET collaborate to target AED 15 million in revenue through five projects
Mita Srinivasan
10x Industry
Published:

ServeU and RESET collaborate to target AED 15 million in revenue through five projects

The collaboration will offer the market with a spectrum of energy services such as energy performance contracts, retrofit, solar panels, and digitalization of the energy sector.

ServeU has signed a strategic MoU with RESET MENA, an energy, and utilities turn-key project company, to collaborate across the UAE to target an estimated AED 15 million in revenue over the next 12 – 18 months. The landmark agreement comes as ServeU further enhance and expand services within their growing energy management division.

Under the agreement, the collaboration will offer the market with a spectrum of energy services such as energy performance contracts, retrofit, solar panels, and digitalization of the energy sector. Building on ServeU’s strong facilities management experience; the projects will be delivered with in-house capability of retrofit installation and maintenance. Five new projects are now underway, two of which are targeted to be completed this year.

Gary Reader, General Manager of ServeU, said: “It is a milestone achievement for ServeU as it will enable the company to further contribute to the development of the UAE’s energy industry. Our collaboration will also pave the way for us to enhance our energy management division. Revamp of the ServeU energy brand will see us advancing our strategies and offerings according to the sector’s modern needs while ensuring the highest client satisfaction. We will leverage our strong facilities management experience to provide RESET with our expertise and energy efficiency services such as the installation and maintenance of retrofit equipment. We look forward to closely working with the RESET team.”

The agreement adds to a string of leading partnerships of ServeU, a pioneer in providing a wide range of FM solutions with a complete focus on customer relations, technological advancements, and high-quality standards.

According to RESET’s General Manager, Frederic Cantin, the company is committed to its strategy to tactically expand in the market and build a wider UAE-based clientele. He added, “This MoU directly aligns with our vision and will enable our clients to fully realize their energy-saving opportunities through our industry experience and technical know-how for sustainable development. This will not only improve the performance of our clients’ facilities, but in turn, reduce outgoing operating costs and mean substantial savings. Thus, this proves to be a beneficial partnership for both parties.”