Infinis Energy is a British renewable energy group headquartered in
Northampton
Northampton () is a market town and civil parish in the East Midlands of England, on the River Nene, north-west of London and south-east of Birmingham. The county town of Northamptonshire, Northampton is one of the largest towns in England; ...
. Infinis produces electricity from captured landfill and mineral methane.
Infinis claims to have a net negative carbon emissions footprint.
History
The company was originally created in 2006 as a subsidiary of
Waste Recycling Group whose area of operations was the generation of energy from gas originating from the landfill sites in the WRG portfolio. The parent company,
Terra Firma Capital Partners, then sold WRG in July 2006 while retaining Infinis. Novera Energy was acquired in 2009, bringing additional
landfill gas
Landfill gas is a mix of different gases created by the action of microorganisms within a landfill as they decompose organic waste, including for example, food waste and paper waste. Landfill gas is approximately forty to sixty percent methane ...
sites, along with hydroelectric sites and wind development sites. Infinis went on to buy one operational and two consented wind farms from
E.ON in 2011 and four wind farms from
SSE in 2010 and 2011.
After seven years of ownership by
Terra Firma Capital Partners, the company was the subject of an IPO (
initial public offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...
) in November 2013.
Ian Marchant Ian Marchant may refer to:
* Ian Marchant (author) (born 1958), English writer, broadcaster and performer
* Ian Marchant (businessman)
Ian Derek Marchant (born 9 February 1961) is an English accountant and businessman. He was the chief executiv ...
, formerly CEO of
Scottish and Southern Energy
SSE plc (formerly Scottish and Southern Energy plc) is a multinational energy company headquartered in Perth, Scotland. It is listed on the London Stock Exchange, and is a constituent of the FTSE 100 Index. SSE operates in the United Kingdom a ...
, was appointed Independent Chairman of the Infinis Board, in September 2013 in the run up to the IPO. The company was acquired by
Terra Firma Capital Partners in December 2015.
Following the acquisition of the landfill gas business by
3i on 8 December 2016, Shane Pickering was appointed Chief Executive of Infinis and Director to the boards of the two new governing companies.
Tony Cocker was appointed as Non-executive Director and Chairman to the Board of Infinis Energy Management Limited (the Infinis Group's governing board) on 1 August 2017. On 11 April 2018, Infinis acquired 100% of Alkane energy, an independent energy producer from coal mine methane and power response.
Operations
Infinis employs approximately 279 people across 153 operating sites with an aggregate generating capacity of 478MW*, comprising 121 landfill gas sites, 15 CMM sites and 17 PR sites.
See also
*
UK enterprise law
United Kingdom enterprise law concerns the ownership and regulation of organisations producing goods and services in the UK, European and international economy. Private enterprises are usually incorporated under the Companies Act 2006, regulate ...
*''
Infinis Energy Holdings Ltd v HM Treasury'' [2016
EWCA Civ 1030
References
External links
Official site{{authority control
Energy companies established in 2006
British companies established in 2006
2006 establishments in England