Esken renewables Isle of Man

Esken Renewables'' New Truck and Trailer in

Everything must go, as Esken puts the ''for sale'' sign up

The Carlisle-based group, focused on aviation and renewables, declared today that it believes it is in the best interests of all stakeholders to secure the long term potential of its businesses

Esken

Esken Limited (LSE: ESKN), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is

Esken Renewables becomes Seras

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business. The rebrand follows the business'' acquisition by Pioneer

Esken Renewables sale completed

Esken Renewables has been sold to sustainable infrastructure fund Pioneer Balmoral UK, its parent company Esken confirmed last month (1 December 2023). Richard Jenkins, CEO of Esken Renewables said, "I am delighted that the transaction has gone through almost 12-months after the process commenced and we have new owners in Pioneer who

Esken Renewables becomes Seras

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business, it was announced today (October 22). The rebrand

About Esken Renewables — Esken Renewables

Esken Renewables is the UK''s number one supplier of biomass fuel, with long-term contracts to supply 1.7 million tonnes of fuel to biomass plants, generating renewable energy equivalent to the annual domestic electricity needs of 2% of the UK population.

Esken Renewables rebrands as Seras | Bioenergy Insight Magazine

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business. The rebrand follows the business'' acquisition by Pioneer Point Partners in December 2023. Seras supplies 1.7 million tonnes of UK sourced sustainable biomass fuel a year to UK power plants.

About Esken Renewables — Esken Renewables

Esken Renewables is the UK''s number one supplier of biomass fuel, with long-term contracts to supply 1.7 million tonnes of fuel to biomass plants, generating renewable energy equivalent to

Esken

Esken Limited (LSE: ESKN), formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland. The company is registered in Guernsey but has its operational head office in London, England.

Esken Renewables rebrands as Seras

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business.The rebrand follows the business'' acquisition by Pioneer

IN BRIEF: Esken shares rise as completes Esken Renewables

In early November, Esken proposed the disposal of Esken Renewables to Pioneer Balmoral UK Ltd for net proceeds of around GBP78.5 million. Following the disposal,

Esken Renewables sale completed

Esken Renewables has been sold to sustainable infrastructure fund Pioneer Balmoral UK, its parent company Esken confirmed last month (1 December 2023). Richard

Esken Renewables rebrands as Seras

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business.The rebrand follows the business'' acquisition by Pioneer Point Partners in December 2023.Seras supplies 1.7 million tonnes of UK sourced sustainable biomass fuel a year to UK power plants.The business has

IN BRIEF: Esken shares rise as completes Esken Renewables

In early November, Esken proposed the disposal of Esken Renewables to Pioneer Balmoral UK Ltd for net proceeds of around GBP78.5 million. Following the disposal, Esken said it has repaid

Esken Renewables rebrands as Seras | Bioenergy Insight Magazine

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business. The rebrand follows the business'' acquisition by Pioneer

Everything must go, as Esken puts the ''for sale'' sign up

The Carlisle-based group, focused on aviation and renewables, declared today that it believes it is in the best interests of all stakeholders to secure the long term potential of

Esken Renewables becomes Seras

Seras, formally known as Esken Renewables, is the new name for the UK''s largest biomass fuel supply business, it was announced today (October 22). The rebrand follows the business'' acquisition by Pioneer Point Partners in December 2023.

Esken Renewables becomes Seras

Esken Renewables rebrands as Seras | Bioenergy

Esken Renewables'' New Truck and Trailer in Remembrance Livery

Esken Renewables is an Armed Forces Covenant Gold Award Holder and the freshly liveried truck and trailer was unveiled at a ceremony attended by representatives from the Reserve Forces'' & Cadets'' Association for the North West of England & the Isle of Man, Ministry of Defence, and No 611 (West Lancashire) Squadron, Royal Auxiliary Air Force

Esken Renewables'' New Truck and Trailer in Remembrance Livery

Esken Renewables is an Armed Forces Covenant Gold Award Holder and the freshly liveried truck and trailer was unveiled at a ceremony attended by representatives from

Esken renewables Isle of Man [PDF]

6 FAQs about [Esken renewables Isle of Man]

Who are Esken renewables?

Established in 2009, Esken Renewables – formerly known as Stobart Energy – supplies 1.7 million tonnes of fuel to the UK biomass sector under long-term contracts, the majority of which comes from waste wood which would otherwise be destined for landfill.

What happened to Esken renewables?

On February 2, 2023, the company reported that Esken Renewables’ biomass plant customers had experienced unplanned outages during the winter months, reducing the total volume of waste wood supplied by Esken and the associated gate fee income.

Can Esken renewables be sold?

A sale process for Esken Renewables is currently in progress, with a number of interested parties involved in discussions. A decision has also been taken to explore a sale of the Aviation business, primarily London Southend Airport, with initial planning for this phase having commenced.

Why did pioneer Balmoral buy Esken renewables?

The managers of Pioneer Balmoral UK, Pioneer Point Partners LLP, explained on their website that they were acquiring Esken Renewables with a strategy to continue scaling the business. They added: ‘The Company is strongly aligned with Pioneer’s objectives of contributing to the green transition and to the circular economy.’

Does Esken renewables have a sub supply agreement with Chilton biomass?

As announced previously, Esken Renewables also entered into a new sub supply agreement to support the Chilton Biomass plant, replacing the supply provided by the Port Clarence processing and storage site, creating an additional £0.9m of annual recurring EBITDA from April 1, 2023.

How will Esken renewables perform in 2024?

As a result, Esken Renewables is now expected to deliver EBITDA of circa £19m for the full year. Management expect that normalised plant operating levels and waste wood supply will return in 2024 and, as of March 1, 2023, all plants are operating.

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