Lucy Group Acquires Nuventura To Expand SF₆-Free Switchgear Globally

This move strengthens both companies’ ability to support the global energy transition. With upcoming EU regulations banning SF₆ in new medium-voltage switchgear up to 24 kV from 2026, and expanding further by 2030, demand for sustainable and compliant alternatives like Nuventura’s technology is expected to grow significantly.

Nuventura, founded in 2017, develops environmentally friendly medium-voltage gas-insulated switchgear (GIS) for electrical grids and energy infrastructure.

Its patented technology replaces sulphur hexafluoride (SF₆), a highly potent greenhouse gas, with dry air while maintaining the compact size, safety and reliability of traditional GIS systems.

The company introduced the world’s first 36 kV dry-air GIS, followed by a 24 kV version, enabling utilities and industrial users to adopt sustainable solutions without compromising performance or footprint.

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Its technology includes an optimised circuit breaker and three-position disconnector designed specifically for SF₆-free operation.

Nuventura works with utilities, EPCs, OEMs, and industrial partners to accelerate the transition away from SF₆ and support compliance with emerging global regulations. In September 2023, the company raised €25 million in a Series A round led by Mirova’s Environment Acceleration Capital fund.

Lucy Group, founded in 1812, is a global organisation focused on making the built environment more sustainable. It operates through three divisions: Lucy Electric, Lucy Controls, and Lucy Real Estate.

Its electric businesses provide switchgear, EV charging systems street lighting, smart city infrastructure and electrical safety solutions that support resilient energy networks. The real estate arm focuses on sustainable property development and investment.

By joining Lucy Electric, Nuventura gains access to a global footprint, established customers, and industrial scale, enabling faster deployment of its SF₆-free switchgear technology across utilities, renewable energy, and industrial sectors worldwide.

Lucy Group employs over 2,000 people across its global business units, operating on six continents. The group maintains manufacturing facilities in the UK, Middle East, India, Asia-Pacific, and South America.

It delivers a wide range of standard and customised solutions, along with installation and maintenance services, supporting customers in building reliable and sustainable electrical infrastructure worldwide.

Manjunath Ramesh, managing director and CTO of Nuventura, said, “The switchgear market is undergoing the most fundamental technology shift for decades. Becoming part of Lucy Electric marks the next chapter in our growth and will enable us to scale up and offer a broader range of high-quality, environmentally friendly solutions to suit a host of industry applications across the globe.”

John Griffiths, Lucy Electric CEO, said, “I’m pleased to share that we’ve completed the acquisition of Nuventura GmbH in Germany, a highly innovative business specialising in SF₆-free switchgear for the electric energy sector. This enables market entry into the primary switchgear space and doing so with technology that directly supports the transition to cleaner, lower-carbon power networks.”