September 17, 2019 – Sembcorp Utilities UK and UK Power Reserve (UKPR) today announced the integration of both businesses under a unified banner – Sembcorp Energy UK. Operations will continue out of locations in Teesside and Solihull. The move is part of the company’s ongoing strategy to position itself for the global energy transition, grow its merchant energy capabilities, and build an integrated energy business in the UK.
“The unification represents the next step in our plan to give Sembcorp a firm foothold in the flexible distributed energy business, which is a new growth niche. In line with the integrated business, Sembcorp Energy UK will be rolling out its merchant and retail strategy with three new key appointments,” said Nomi Ahmad, Head of Sembcorp Energy UK.
As part of the transition, Sam Wither, Managing Director of UKPR, will be stepping down in November to pursue other opportunities. He was instrumental in developing UKPR into one of Britain’s largest flexible distributed energy generators.
“Sam’s keen market insights and valuable contributions have been vital to the business. He played a leading role in the integration of UKPR and Sembcorp, as well as growing the business. We wish him the very best in his new adventures,” said Nomi.
A Long-Term Vision for the UK Market
Neil McGregor, Group President & CEO of Sembcorp Industries, reiterated the Group’s vision for the market. “As the sector moves towards decarbonisation and the shared goal of achieving net zero, we are confident that Sembcorp can play an integral part in meeting the nation’s energy needs. We are passionate about supporting our industrial customer base in the North East and the overall Energy markets. We are also committed to adapting our business model by building our presence through incremental investment in UK capabilities and sustainable energy solutions.”
We regard the UK as a key long-term market, and are setting our sights beyond current uncertainties – towards a better, more sustainable future for all.”
– END –
ABOUT SEMBCORP ENERGY UK
Sembcorp Energy UK is an integrated energy player with operations across UK. It is an established provider of energy, centralised utilities and services to some of the country’s largest chemical and process industry firms at the 2,000-acre Wilton International site in Teesside. It is also the leading provider of flexibility to the UK energy system with the country’s largest portfolio of rapid response decentralised assets.
Sembcorp Energy UK is part of the Singapore-based Sembcorp Industries group, a leading energy, marine and urban development group, operating across multiple markets worldwide. As an integrated energy player, Sembcorp provides solutions across the energy and utilities value chain, with a focus on the Gas & Power, Renewables & Environment and Merchant & Retail sectors. In addition, Sembcorp is a world leader in offshore and marine engineering, as well as an established brand name in urban development. Sembcorp Industries has total assets of over S$24 billion (£14.3 billion) and over 7,000 employees. Listed on the main board of the Singapore Exchange, it is a component stock of the Straits Times Index, several MSCI and FTSE indices, as well as the SGX Sustainability Leaders Index and the Dow Jones Sustainability Asia Pacific Index.