Rendesco acquires ADP Group’s geothermal drilling operations

Rendesco has acquired ADP Group’s geothermal drilling operations following a successful fundraising earlier in 2024. This acquisition aims to reduce the costs of delivering renewable heat by integrating ADP’s drilling expertise with Rendesco’s design, project management, and engineering capabilities. Tom Page, Managing Director of ADP Group, will join Rendesco as Head of Drilling, while Josh Creed will take over as Managing Director of ADP Group, and Dave Telford will join the board as Operations Director….