UK Power Reserve

About 

UK Power Reserve’s 2.5-year partnership with Inflexion saw its portfolio treble to over 500MW, revenues quadruple to c.£80m and headcount more than double to 150 before it was bought by Singaporean trade buyer Sembcorp.   

UK Power Reserve (UKPR) is a leading developer, owner and operator of smart, flexible power generation assets. The company generates reserve power in times of critical need via its 500MW+ portfolio from 32 sites in England and Wales. These sites are all maintained by UKPR’s highly skilled workforce and are closely monitored from its Virtual Power Station control centre in the West Midlands. 

Value acceleration  

Having secured a significant number of 15-year Capacity Market generation contracts to nearly triple its existing capacity, the management team sought investors to help optimise performance from existing operations and build new sites to significantly grow its generating capacity.  

Our investment alongside co-investors Equistone supported the acceleration of the business’s growth, trebling capacity to over 500MW – enough to power 375,000 homes in local communities – delivered from 32 rapid-response power stations across England and Wales. During the hold period, UKPR grew its revenues from c.£20m to over £80m and its employee headcount more than doubled from 70 to 150. Singaporean trade buyer Sembcorp acquired the business for £216m plus assumed debt.