AqualisBraemar LOC has entered into a definitive agreement for the acquisition of 100% of the share capital of East Point Geo Limited to strengthen its geoscience offering within the renewables industry.
East Point Geo is an independent geoscience consultancy providing support for major offshore and onshore engineering projects, specialising in renewables and oil and gas developments. Within the renewables sector, East Point Geo provides services that centre on the understanding of ground conditions for foundation engineering. These services include ground models, geospatial and geotechnical analysis, geophysical consultancy and interpretation, geo-risk assessment, geographical information systems and survey management support. In the last twelve months, East Point Geo’s turnover totalled approximately GBP 1.4 million, predominantly from renewables projects. The company is headquartered in Norwich, UK, with an additional office in Oxford, UK.