Vital Energi

Vital Energi designs, installs and operates clean energy centres for the commercial, residential and public sectors, helping to provide cost effective heating, cooling and power, while also reducing carbon emissions and improving air quality.

The company provides total solutions, from initial design to project implementation, operation, and maintenance, comprising combined heat and power (CHP) sources, storage, controls and associated clean energy equipment. It has a strong track record of providing innovative and market leading solutions, with key deployments including the Natural History Museum, Terminal 5 Heathrow, Glasgow Commonwealth Games and the King’s Cross Central energy centre.

 

What did the business need?

The business was led by a strong and experienced management team and required investment to scale to meet the increasing demand for distributed energy across the UK. It was already an established player in the UK heat sector and was seeking to accelerate the implementation of the latest technologies and diversify into high value adjacent energy sectors, including the installation of proprietary heat interface units and the development of energy from waste systems.

 

What lasting value did PE/VC investment bring?

Vital Energi has grown into the UK market leader with an impressive track record. Turnover has trebled since 2015 and the company is projecting further growth as market demand for heat de-carbonisation continues to build. Scottish Equity Partners has contributed to the ongoing strengthening of the company’s board and management, with a focus on growing business development resource and to maximising shareholder value.

 

Future growth plans

Vital Energi is developing its expertise and presence across the clean energy and heat sectors, and is now ideally placed to contribute to the UK’s decarbonisation ambitions. The company plans to continue to expand its client base across the UK, delivering innovative solutions across towns, cities, NHS hospitals, and to industrial clients and housebuilders. It is committed to investing in and developing its people to ensure it has the key industry skills needed to help the UK achieve its ‘net zero’ targets.