On 14 June 2017, Foster Renewable Energies Ltd changed its trading name to Foster Building Services Ltd. This a change in name only and therefore all other aspects of the business remain unchanged.
Foster Renewable Energies Ltd was formed in 2011 when the renewables sector was beginning to thrive. Since this time the renewables sector has taken a downturn for a number of reasons and in order to grow a sustainable business we have continually sought to diversify into other sectors and work types as the renewables sector declined.
The business has and continues to undertake mechanical, heating, plumbing and electrical services to our varied client base of private home owners, residential social landlords, housing developers and commercial entities and these areas remain a significant focus for the business.
We have taken the decision to change the name of the business to greater reflect the type of work we undertake. This allows us scope to grow the business into other sectors and work such as general building contracting and house building for our other businesses and existing client base.
The business, Foster Building Services Ltd, now also sits within the Foster Building & Property Group Ltd (formed March 2017) which also incorporates Foster Property Developments Ltd. This means that the business will benefit from being part of a larger organisation that will support our growth aspirations going forward.
We see these changes as positive steps to growing Foster Building Services Ltd and our other businesses into more sustainable and successful entities and look forward to the continued support of all our stakeholders in the future.