UK Power Reserve is a leading provider of secure, flexible, low carbon electricity and services to the UK power market.
Headquartered in Solihull and established in 2010, it has developed, built or acquired generation capacity to grow from a start-up to a substantial independent operator.
In December 2014, the company secured a significant number of 15-year Capacity Market (CM) generation contracts to nearly triple its existing capacity, and a year later Equistone Partners Europe and Inflexion Private Equity invested in the business to support the management team in optimising performance from existing operations and building new sites to achieve this growth.
Since the investment, staff headcount increased from 70 to 150 by the time the business was acquired by Singapore-headquartered energy group, Sembcorp, in May 2018. Capacity more than trebled to over 500MW delivered from 32 power stations across England and Wales. Revenues also increased significantly, from around £20 million to over £80 million.
WINNER OF THE BVCA MANAGEMENT TEAM AWARDS 2017
Equistone: 2015 – 2018
Inflexion: 2015 – 2018
EQUISTONE PARTNERS EUROPE
INFLEXION PRIVATE EQUITY
UK POWER RESERVE