Conrad Energy Limited
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Conrad Energy Limited - overview
Established
2015
Location
Abingdon, -, UK
Primary Industry
Power & Utilities
About
Conrad Energy Limited is a UK-based energy solutions provider focused on the generation and optimization of renewable energy, contributing to the transition towards a sustainable energy future. Conrad Energy Limited was founded in 2015 to provide energy solutions that support the UK's shift to renewable energy. Although specific pivots or changes in business strategy are not documented, the company has established a significant operational presence across the UK. The company operates from its headquarters in London, with a portfolio that includes diverse energy generation technologies.
The founder's history and prior ventures are not specified. At present, there is no detailed information available about recent funding rounds. Conrad Energy specializes in delivering a wide array of energy solutions that facilitate the UK's transition to renewable energy. The company’s primary services include power generation and optimization through gas, batteries, solar, wind, and hydrogen technologies.
Their proprietary software, iON+, ensures reliable energy generation, particularly during peak demands when renewable sources might be insufficient. They maintain a robust client base, including a long-term Power Purchase Agreement with Leonardo in Yeovil, which guarantees a supply of 100% green energy from their Camp Road solar farm. With 83 operational sites, Conrad Energy boasts a total power generation capacity of 983MW, establishing itself as a prominent flexible energy provider in the UK's energy market. Conrad Energy's revenue model is centered around business-to-business transactions, providing energy generation and management services to various industrial and commercial clients.
The company engages in Power Purchase Agreements (PPAs) and energy optimization services, which create stable revenue channels. Their collaboration with Leonardo involves a commitment to supply renewable energy over a 20-year period, ensuring predictable revenue. The operational focus includes the sale, purchase, and management of energy, allowing tailored solutions for clients. While specific pricing plans are not disclosed, the variety of energy offerings serves different segments within the commercial sector, reinforcing their market position.
Details regarding future growth initiatives for Conrad Energy have not been provided. There are no specified upcoming products, geographic markets targeted for expansion, or utilization plans for recent funding rounds available at this time.
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Power & Utilities
Website
conradenergy.co.uk
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.