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ServeU signs a Memorandum of Understanding with RESET MENA. ServeU is working toward expansion in the energy sector and this is another step taken by the company.
ServeU is a UAE-based company and is a subsidiary of Union Properties. RESET MENA is UAE-based energy and utilities turn-key project company. This MoU is expected to bring in AED 15 million in revenue in the coming 12-18 months.
This agreement will offer energy services like a retrofit, energy performance contracts, digitalization of the energy sector, and solar panels. 5 new projects are in progress out of which 2 are anticipated to be completed by 2022.
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 country’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 FM 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.”
Frederic Cantin, General Manager of RESET said, “We are committed to our strategy to tactically expand in the market and build a wider UAE-based clientele. 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.”
ServeU provides a vast array of maintenance, and facilities management solutions, to supply everything you need for a safe, clean, and productive working environment.