{"id":10059,"date":"2023-11-27T11:13:16","date_gmt":"2023-11-27T11:13:16","guid":{"rendered":"https:\/\/web-staging.gren.com\/uk\/?p=10059"},"modified":"2024-01-09T13:25:42","modified_gmt":"2024-01-09T13:25:42","slug":"gren-confirms-plans-to-invest-up-to-1-billion-to-deliver-affordable-green-energy-in-the-uk","status":"publish","type":"post","link":"https:\/\/gren.com\/uk\/news\/gren-confirms-plans-to-invest-up-to-1-billion-to-deliver-affordable-green-energy-in-the-uk\/","title":{"rendered":"Gren confirms plans to invest up to \u00a31 billion to deliver affordable green energy in the UK"},"content":{"rendered":"<style type=\"text\/css\">.page-hero{padding:140px 0 30px;position:relative}.page-hero-content{max-width:300px}.page-hero h4,.page-hero p{font-size:16px;font-weight:400;line-height:24px}.page-hero .date{margin-top:24px;color:#fff;font-size:20px}.page-hero-video-wrap{position:absolute;top:0;left:0;width:100%;height:100%;z-index:-1;overflow:hidden}.page-hero-video{width:100%;height:100%;object-fit:cover}@media(min-width: 576px){.page-hero-content{max-width:850px}}@media(min-width: 992px){.page-hero{padding:210px 0 64px}.page-hero h4,.page-hero p{font-size:24px;line-height:30px}}\n\n\/*# sourceMappingURL=block-page-hero.min.css.map*\/<\/style><section id=\"page-hero-block_aaab7726d6c50358ccecb24024b36a3f\" class=\"block page-hero\" style=\"background: url(https:\/\/grenweb01.blob.core.windows.net\/gren-web-prod\/sites\/7\/2024\/01\/hero-bg-1.jpg) no-repeat center\/cover\">\n\t<div class=\"container\"  data-block-animate>\n\t\t\t\t\t<div class=\"page-hero-content text-wrap\"  data-animate-part>\n\t\t\t\t<h1><span style=\"color: #ffffff\">Gren confirms plans to invest up to \u00a31 billion to deliver affordable green energy in the UK<\/span><\/h1>\n\n                <div class=\"date\">27.11.23<\/div>\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n<style type=\"text\/css\">.full-width-written-content p>a{font-weight:700}\n\n\/*# sourceMappingURL=block-full-width-written-content.min.css.map*\/<\/style><section id=\"full-width-written-content-block_e37a9b915bb319f983020465c1f7f92a\" class=\"block full-width-written-content\">\n\t<div class=\"container\" data-block-animate>\n\t\t<div class=\"text-wrap\" data-animate-part><p><span data-contrast=\"auto\">Leading green energy company, Gren, has confirmed its plans to invest up to \u00a31 billion in district heating and local energy systems in the UK.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\"><a href=\"https:\/\/www.partnersgroup.com\/en\/businesses\/our-portfolio\/\" target=\"_blank\" rel=\"noopener\">Partners Group<\/a>, the global private equity firm which acquired Gren in 2021, made the commitment at a\u00a0<a href=\"https:\/\/www.gov.uk\/government\/news\/prime-minister-unveils-295bn-of-investment-at-historic-global-investment-summit\" target=\"_blank\" rel=\"noopener\">Global Investment Summit<\/a>\u00a0hosted by the Prime Minister Rishi Sunak at Hampton Court Palace today, joining more than 200 top CEOs and investors who are collectively investing more than \u00a329 billion in the UK economy.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Gren has also recently acquired a network of waste and biomass assets, which play a key role in baseload energy production and reducing waste to landfill. The company plans to invest up to \u00a31 billion in district heating and local energy systems that will deliver affordable green energy to over 200,000 homes and thousands of businesses in the UK, with sites among others in Wick, Sheffield and Nottingham.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Mike Reynolds, CEO of Gren Energy Ltd, said:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<blockquote><p><span data-contrast=\"auto\">\u201cGren has already invested over \u00a3100 million in the UK and today we confirm our commitment to make significant further investment to acquire, scale and develop low carbon infrastructure.\u202fGren\u2019s dynamic and agile approach is exactly what is needed to unlock the huge potential in this market and stimulate rapid acceleration in decentralised energy and district heating, creating thousands of new jobs and driving growth across the country.\u201d\u202f<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><\/blockquote>\n<p><span data-contrast=\"auto\">The Prime Minister Rishi Sunak said:\u202f<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<blockquote><p><span data-contrast=\"auto\">\u201cToday\u2019s investments,\u202fworth more than\u202f\u00a329 billion, will create thousands of new jobs and are a huge vote of confidence in the future of the UK economy. Global CEOs are right to back Britain -\u202fwe are making this the best place in the world to invest and do business.\u202f<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u201cAttracting global investment is at the heart of my plan for growing the economy. With new funding pouring into key industries like clean energy, life sciences and advanced technology, inward investment is creating high-quality new jobs\u202fand driving growth right across the country.\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p><\/blockquote>\n<p><b><span data-contrast=\"auto\">Further information:\u202f<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Sarah Richardson, Senior Advisor, Communications,\u00a0<\/span><a href=\"mailto:sarah.richardson@gren.com\"><span data-contrast=\"none\">sarah.richardson@gren.com<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:270,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<\/div>\t<\/div>\n<\/section>\n\n<style type=\"text\/css\">.latest-news{padding:48px 0;background-color:#fff}.latest-news .listing-wrap{display:flex;flex-wrap:wrap;gap:16px}.latest-news .listing-wrap .btn{display:block;width:100%;text-align:center}.latest-news .text-wrap{margin-bottom:24px}.latest-news .text-wrap h2,.latest-news .text-wrap h3{font-size:36px;line-height:42px}.latest-news .text-wrap .btn{display:none}@media(max-width: 767.98px){.latest-news .post-pill:nth-child(n+5){display:none}.latest-news .text-wrap h2>*,.latest-news .text-wrap h3>*{display:inline-block;margin-right:10px}.latest-news .text-wrap p{display:none}}@media(min-width: 768px){.latest-news .post-pill{width:calc(50% - 8px)}.latest-news .listing-wrap .btn{display:none}}@media(min-width: 992px){.latest-news{background-color:#f8f8f8}.latest-news .text-wrap .btn{display:block;min-width:180px}}\n\n\/*# sourceMappingURL=block-latest-news.min.css.map*\/<\/style><section id=\"latest-news-block_ba37b6a224465bbdf94be1a010329f39\" class=\"block latest-news\">\n\t<div class=\"container\" data-block-animate>\n\t\t<div class=\"row align-items-start\">\n\t\t\t<div class=\"col-12 col-lg-4 text-wrap\" data-animate-part>\n\t\t\t<h2>More news from Gren Energy Ltd<\/h2>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<div class=\"col-12 col-lg-8 listing-wrap\" data-animate-part>\n\t\t\t\t<a class=\"post-pill\" href=\"https:\/\/gren.com\/uk\/news\/gren-appoints-uk-ceo-to-lead-its-expansion-plans\/\" title=\"Gren appoints UK CEO to lead its expansion plans\" data-lazy-style=\"background-image: url('https:\/\/grenweb01.blob.core.windows.net\/gren-web-prod\/sites\/7\/2023\/09\/mike@400x.webp')\">\n    <div class=\"post-pill-text\">\n        <p class=\"post-pill-date\">\n            01.06.23        <\/p>\n        <h5 class=\"post-pill-title\">\n            Gren appoints UK CEO to lead its expansion plans        <\/h5>\n    <\/div>\n    <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"33\" viewBox=\"0 0 18 33\" fill=\"none\">\n        <path d=\"M1.66666 1.5L15.6667 16.5L1.66666 31.5\" stroke=\"white\" stroke-width=\"3\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n    <\/svg>\n<\/a><a class=\"post-pill\" href=\"https:\/\/gren.com\/uk\/news\/gren-a-leading-northern-european-energy-company-agrees-to-acquire-11-heat-and-power-generation-assets-in-the-uk\/\" title=\"Gren, a leading Northern European energy company, agrees to acquire 11 heat and power generation assets in the UK\" data-lazy-style=\"background-image: url('')\">\n    <div class=\"post-pill-text\">\n        <p class=\"post-pill-date\">\n            01.05.23        <\/p>\n        <h5 class=\"post-pill-title\">\n            Gren, a leading Northern European energy company, agrees to acquire 11 heat and power generation assets in the UK        <\/h5>\n    <\/div>\n    <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"18\" height=\"33\" viewBox=\"0 0 18 33\" fill=\"none\">\n        <path d=\"M1.66666 1.5L15.6667 16.5L1.66666 31.5\" stroke=\"white\" stroke-width=\"3\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n    <\/svg>\n<\/a>\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":11,"featured_media":9192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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