Anesco helps businesses, local authorities and housing associations reduce carbon emissions. In July, it secured a £7m financing deal from RBS.
Zouk was a founding shareholder in Anesco, which formed in 2010, and helped with the company’s significant growth since its inception.
Anesco’s financial results for 2012 exceeded expectations as it recorded £55.1m revenues and EBIT of £3.4m.
It said it expected to soon reach its target of £100m revenues following the increased interest from Hermes and SEP.
The company already forms part of the SEP-managed Environmental Energies Fund (EEF), and SEP’s David Sneddon will join Anesco as a non-executive director.
Samer Salty, Zouk CEO, said, ‘As a founding shareholder, we are extremely pleased to have been involved with Anesco since its formation.
‘We backed an exceptional management team which has outperformed our expectations of what could be achieved in the emerging UK energy efficiency market.’
SEP is a UK venture capital firm, investing in technology and technology-abled companies throughout the UK in the technology, media and telecoms, healthcare and energy sectors. Its portfolio currently comprises over 30 high-growth companies.
Copyright © 2013 NewNet