Qair acquires majority stake in British renewable energy company GSC

Independent European renewable energy company Qair has secured a majority stake in Green Switch Capital (GSC), a UK-based developer specializing in offshore wind, solar, and storage projects.

This strategic acquisition is poised to enhance Qair’s renewable energy footprint in the UK, positioning the company as a significant player in the country’s renewable sector.

Qair CEO Louis Blanchard stated, “We are thrilled to welcome such a talented team to Qair.

“This acquisition is perfectly in line with our strategic goal of expanding our presence in the UK market and further reinforces our commitment to delivering competitive renewable energy solutions.

“Qair is now well-placed to become a major player in key European markets.” GSC’s development pipeline exceeds 15GW, with half of these projects already having secured grid offers, land leases, and connections.

The first project is expected to be operational by 2026.

This acquisition complements Qair’s existing UK portfolio, which includes interests in offshore wind, energy from waste, and onshore renewable projects.