Integrum Renewable Energy Ltd, a UK Solar PV and Battery Storage developer, Announces Investment by Omnes Capital

13 June 2023
London, UK

Integrum Renewable Energy Ltd (the “Company”), a leading UK-based Solar PV and Battery Storage

developer with an existing pipeline of 2GW of utility-scale solar, battery energy storage systems

(“BESS”), and co-located hybrid projects, is pleased to announce a recent investment by Omnes, a

major infrastructure and private equity player. As a result of the transaction, Omnes has taken a

majority stake in the Company. through Omnes’ Capenergie 5 fund which is Omnes’ latest renewable

energy private equity fund.

Omnes plans to deploy £150,000,000 of equity as part of the investment which is poised to serve as a

catalyst for Integrum Renewable Energy’s continued advancement in the UK renewable energy

landscape. With this strategic partnership, the Company is well-equipped to deliver innovative and

environmentally sustainable solutions for a greener energy.

Led by a highly experienced management team, Integrum Renewable Energy is committed to

becoming a fully integrated Renewable Independent Power Producer (“IPP”) platform with a target

operational portfolio of 1GW+ and a multi-GW pipeline within the next 4-6 years. The Company

initially operated as a subsidiary of Integrum Power Engineering Ltd, a NERS accredited Independent

Connection Provider and design and build electrical engineering contractor specialising in HV power

transmission, distribution, and generation projects.

The Company remains dedicated to its mission of delivering sustainable and innovative energy

solutions to address the country’s growing demand for clean power. The transaction allows Integrum

Renewable Energy to leverage the support and expertise of Omnes to drive its growth and make an

impact in the UK’s renewable energy landscape.

Akereos Capital acted as exclusive M&A sell-side adviser to Integrum Renewable Energy who were

also advised by Burges Salmon LLP (legal) and Aurora Energy Research (market).

Philip Price, Chief Executive Officer of Integrum Renewable Energy, said:

“Tackling climate change through acceleration of the clean energy transition remains one of the most

important challenges of our generation. Integrum Renewable Energy is proud to contribute to

addressing this challenge through expansion of solar generation capacity alongside energy storage.

Integrum Renewable Energy’s partnership with Omnes will enable the company to meet and exceed

its targets, making an even more meaningful impact on the energy generation landscape.”

Akereos CapitalMichael Pollan, Managing Partner at Omnes, said:

“This partnership reflects our approach over the past 15 years to support best-in class developers on

their journey to becoming independent power producers. We are very excited to support Integrum on

this journey and confident that Integrum has the capacity to become a significant player in the field

of solar PV and BESS on the UK market.”

About Integrum Renewables Energy Ltd:

Integrum Renewable Energy is a UK-based developer of utility-scale renewable energy generation and

energy storage projects focusing primarily on photovoltaic generation, battery energy storage and co-

located hybrid projects The Company aims to become a leading Renewable Independent Power

Producer (IPP) platform, focusing on delivering sustainable and innovative energy solutions.

Further information at www.integrumrenewables.co.uk

About Omnes:

Omnes is a leading private equity firm dedicated to energy transition and innovation. With nearly €5

billion in assets under management, our teams support long term partnerships with entrepreneurs

through its 4 core businesses: renewable energy, sustainable cities, deep tech venture capital and co-

investment. For over 20 years, Omnes has been bringing its expertise to help companies grow with a

focus on sustainability in over 15 countries. As part of its approach as a responsible investor, the

company set up the Omnes Foundation to support non-profits helping children in the fields of

education, health, social and economic integration. Omnes is also a signatory of the United Nations

Principles for Responsible Investment (PRI).

Further information at www.omnescapital.com.

Press contacts

Omnes : communication@omnescapital.com