Imperative Energy moves to UK to take advantage of new bioenergy policies
Irish biomass heat and power solutions company Imperative Energy has moved its headquarters from Ireland to North West England and is targeting significant growth on the back of the Renewable Heat Incentive and the Renewables Obligation.
| Date Posted | 21 Feb 2012 |
|---|---|
| Story Source | Dr Matthew Aylott, NNFCC |
| Relevant Industries | Feedstocks Bioenergy |
Imperative Energy expects to deploy over £200 million in building biomass heat and CHP plants throughout the North West region over the coming few years.
This expansion will see it recruit up to 30 new staff in the coming years and it has immediately announced the opening of three new vacancies in its sales and servicing departments.
The company moved to the North West after raising investment from The North West Fund for Energy and Environmental (NWF4EE) and the Environmental Infrastructure Development Company (EIDC).
Adam Workman, fund manager of NWF4EE, said: "Despite the difficult economic conditions and delays to the implementation of the Renewable Heat Initiative, Imperative has grown into a top quality provider of bioenergy solutions and one that can really capitalise on the growing market for alternative energy solutions.
"The move to the North West is a real coup for the clean technology sector and is tribute to its growing prominence as a key economic driver in the region," he added.
Joe O’Carroll, managing director at Imperative Energy, said: "The funding and support of the NWF4EE will enable the executive team to drive forward our business which has great potential to grow over the next decade."
"With rising fuel costs and demand for clean technology, Imperative Energy is perfectly placed to take advantage of the opportunities that a growing alternative energy market presents, and we are delighted to be doing this out of the North West," he added.
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