Greenvolt Next is part of Greenvolt Group, a company within KKR's portfolio, the leading global investment fund. It operates in twelve European countries, now including the UK, and provides decentralized renewable energy solutions including photovoltaic systems for individual and collective self-consumption, energy efficiency, and battery solar storage. The expansion of Greenvolt Next into the UK is part of Greenvolt’s broader strategy to expand its investment in distributed generation across Europe, where it already has over 450 MWp of signed capacity, more than 180 MWp installed, and a portfolio of over 2,500 projects.
Based in Warrington, Greenvolt Next’s UK team is expected to grow to 50 members over the next 12 months, with support from its Irish counterparts, who bring 20 years of experience. The company is currently managing a range of projects, including those for a leading European beverage company, a logistics and real estate developer in Thurrock, a ground-mounted system in Standingfauld, and a major retail store in Wellington.
“The expansion of Greenvolt Next into the UK is a significant milestone in the Group’s strategy, reinforcing our strong commitment to this market, where we are already present through utility-scale and sustainable biomass projects,” says João Manso Neto, CEO of the Greenvolt Group.
Owen Power, CEO, Greenvolt Next UK, is seeing growing demand for decentralized (or onsite) clean energy solutions and says: “Businesses across the board have had to grapple with rising energy costs and for energy intensive sectors like airports, retail centers, manufacturing and pharma, the imperative to bring down costs is even higher.
“In the UK, there is also a strong drive to reduce emissions in line with government targets, and decentralized energy solutions can play a significant part of an organization’s carbon reduction plan. Finding the right solution varies from business to business, whether it has large industrial units with plenty of roof space for solar panels or is based in a location where wind or heat pumps are most suitable. A tailored approach is essential, and that is precisely what we bring to the market, backed by Greenvolt Group’s international expertise and solid experience, particularly in onsite energy generation.”
Owen Power is also CEO of Greenvolt Next Ireland, which has a portfolio of over 700 projects, and a signed capacity of 300 MW and 160 MW already installed. The Irish business serves a client base that includes industry leaders such as PepsiCo, Lidl, Pfizer and Virgin Media.
