News Archive

Hat-trick of national awards for Anesco

bvca 2015 webThe senior team at Anesco is celebrating after being named BVCA management team of the year for a third year running – an achievement never before seen in the history of the awards.

The team has been named mid-market private equity-backed management team of the year, as part of the BVCA Management Team Awards 2015. The awards recognise those who have made an outstanding contribution to the growth and development of their company.

Reading-based energy efficiency solutions provider, Anesco, works with businesses, local authorities, housing associations and homeowners to reduce their carbon emissions. The company is recognised by Sunday Times Fast Track as the UK’s fastest growing private company, achieving growth of 375% in its latest three years.

In the last financial year, Anesco increased sales by a further 50%, generating a turnover of £160.2million and an EBITDA of £21million. The company’s workforce has also grown to in excess of 150 permanent members of staff, with up to 600 contractors and 103 supply chain partners and logistics staff employed at any one time.

CEO of Anesco, Adrian Pike, said: “As a company, Anesco continues to grow and to drive the energy efficiency sector forward, exceeding all expectations. This is down to our focus on innovation, our strong relationship with customers and suppliers and the expert team we have pulled together. Winning the title of management team of the year twice was an amazing achievement but to retain the title for a third time is just phenomenal.”

Ian Moore, partner at CBPE Capital, said: “We’re delighted the team at Anesco has again been recognised on a national stage for their dedication, hard work and outstanding achievements. The team continues to deliver amazing results and this award is really well deserved.”

The British Private Equity & Venture Capital Association (BVCA) is the industry body and public policy advocate for the private equity and venture capital industry in the UK. The BVCA Awards, produced in partnership with Clearwater Corporate Finance, are a year-long process of nominations and judging established to celebrate the achievements of private equity and venture capital-backed companies. For more details visit www.bvca.co.uk.

Anesco expands battery storage portfolio with installation of second commercial-scale unit

Battery Slepe Farm smNational energy efficiency solutions company, Anesco, has cemented its position as the UK’s leading provider of battery storage solutions, following the installation of a second 250kWh commercial-scale unit.

The battery storage unit has been connected to an existing solar array in Berkshire. It follows the installation by Anesco of a 250kWh unit in Dorset, in September 2014, which was the first unit of its kind to be installed in the UK. With more commercial-scale units currently on order from its supply partner, BYD Company Ltd, Anesco expects to complete a further 5MWh’s of batteries by the end of 2015.

Alongside its commercial offering, Anesco’s residential battery storage units have now been made available to homeowners nationwide, following a successful trial. The 3kWp /10kWh units are G-83 certified meaning they are grid compliant and, like their commercial counterparts, are capable of capturing electricity and saving it for use when solar PV is not generating.

Adrian Pike, Anesco CEO, commented: “Demand for effective battery storage solutions, both for the commercial and residential markets, is a fast-growing area. Our three year development project with BYD has enabled us to not only deliver the latest in cutting-edge battery storage solutions to our customers, but to retain full control.”

He added: “Following the successful installation of our first commercial-scale battery storage unit nine months ago, we have now completed our second installation and have further units due to arrive this summer. The performance of our residential units has also been very positive, so we’re delighted to now offer them to homeowners across the UK.”

Anesco has a formed a three year relationship with Chinese partner BYD Company Ltd, the world’s leading manufacturer of rechargeable batteries. The three year collaboration will see the installation of the most advanced residential energy storage units currently on the market.

Adrian concluded: “What we have been able to clearly demonstrate is how solar power can work as a key part of the generation mix, with battery storage providing a solution for matching supply with demand.

“Throughout the winter months, with our first unit we secured all three TRIAD payments and released power from the solar arrays in the evening when the UK grid required it. This has enabled the solar farms to be registered as a non-intermittent generator, which is another first in the UK.”

Anesco partners with Virtual Power Solutions to offer Smart Microgrid Solutions

VPS logo webNational energy efficiency solutions company, Anesco, has announced it is partnering with Virtual Power Solutions to bring the latest in Smart Microgrid Solutions to its UK customer base.

Anesco works with homeowners, public and private sector organisations to reduce their carbon emissions. The company retains a strong focus on innovation and is committed to providing cost-effective ways for organisations to reduce their energy usage.

Virtual Power Solutions (VPS) has developed a unique energy management system that combines demand management with building automation technology. Through the use of proprietary technology, VPS is able to provide building owners/users with real-time visibility and control of their energy consumption. The technology creates a Smart Microgrid Solutions system, helping organisations reduce their utility costs and carbon footprint.

Adrian Pike, Anesco CEO, commented: “Virtual Power Solutions was formed with a view to provide customers with real-time visibility and control of their energy consumption. The company has achieved this by bringing together demand management and building automation technology – most importantly it has done so in a cost effective manner.”

He added: “We are always on the lookout for new innovations, technologies and methods of best practice to bring to our customer base. Through this partnership with Virtual Power Solutions we are further enhancing our services and the ‘whole building’ approach we take to energy efficiency.”

James Napier, CEO at Virtual Power Solutions, said: “We’re delighted to be working so closely with Anesco. The company is a leader in its field and shares our vision for driving towards a carbon zero future.

“Our mission is to provide energy consumers and their partners with the ability to see and control their energy consumption in real-time. Allowing them to minimise the consumption and carbon footprint of their buildings without compromising the day to day operations of these facilities.”

For more information visit www.vps.energy