Sembcorp’s Teesside energy plants have been brought together with another part of its global business as the firm aims to take centre stage in the push for greener energy systems.
The plants at Wilton will join with a Sembcorp business in the Midlands under the name Sembcorp Energy 海角视频, with the new firm also making a number of senior appointments.
Last year Sembcorp acquired West Midlands firm 海角视频 Power Reserve in a £216m deal that allowed it to add a number of energy generation sites around the 海角视频 to its Wilton power station.
The company said the new structure was part of its strategy to take a bigger hold in the 海角视频 energy market.
Neil McGregor, group president and CEO of Sembcorp Industries, said: “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 海角视频 capabilities and sustainable energy solutions.
“We regard the 海角视频 as a key long-term market, and are setting our sights beyond current uncertainties – towards a better, more sustainable future for all.”
Sembcorp currently has 210MW of generation capacity at Wilton International industrial site in Teesside, comprising Combined Heat and Power (CHP), steam power and renewable generation to service energy-intensive industrial and commercial customers.
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The company has been granted planning approval to develop two combined cycle gas turbine units of up to 1,700 megawatts at Wilton, and is currently assessing the business case for the develpment.
As part of its new structure, the firm has appointed Cathy McClay as head of strategy, Günther Puffer as head of merchant and Tim Foster as head of origination.
Nomi Ahmad, head of Sembcorp Energy 海角视频, said: “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 海角视频 will be rolling out its merchant and retail strategy with three new key appointments.”