Centrica

Centrica is a multinational energy company headquartered in the UK, specializing in the supply of electricity and gas to businesses and consumers across the UK and North America. The company invests in innovative technologies through its venture capital arm, Centrica Innovations, focusing on areas such as distributed energy, electrification of transport, smart homes, and industry 4.0.

Chris O’Shea

Group CEO and Director

44 past transactions

Grid Edge

Venture Round in 2025
Grid Edge develops AI-driven energy management software for commercial and public buildings. Its cloud-based platform predicts and optimizes building energy loads by integrating with building energy management systems and smart meters. Using hybrid deep learning and data analytics, the solution forecasts energy demand and allocates resources to reduce energy costs and carbon emissions while turning on-site technologies into more efficient, revenue-ready assets. The company aims to help building owners and operators manage energy profiles proactively, enhancing grid participation through intelligent control of energy distribution.

ENSEK

Acquisition in 2024
ENSEK LTD is a technology company based in Nottingham, United Kingdom, specializing in the energy market. Founded in 2010, it develops a Software-as-a-Service (SaaS) platform that offers a comprehensive range of solutions, including billing, market entry, customer relationship management, and real-time data analytics. The platform is designed to enhance business performance and competitiveness for a diverse clientele, which includes established independent energy suppliers, new market entrants, and major industry players. In addition to its software solutions, ENSEK provides business process outsourcing, agent appointment, and advisory services, catering to the specific needs of energy suppliers and consumers at various stages of their operational processes.

Highview Power

Venture Round in 2024
Highview Power Storage, established in 2005, specializes in developing large-scale energy storage solutions for utility and distributed power systems. The company utilizes liquid air as its storage medium, enabling the design of customized Liquid Air Energy Storage (LAES) plants with capacities ranging from 5MW/20MWh to over 100MW/1,000MWh. This innovative technology allows for the integration of industrial low-grade waste heat and waste cold, thereby converting low-grade waste heat into power during the discharge cycle. By using non-toxic and non-scarce materials, Highview Power's systems operate without geographical constraints, enhancing overall efficiency and contributing to the growing multi-billion dollar energy storage market.

Mixergy

Venture Round in 2023
Mixergy Ltd, founded in 2014 and headquartered in Cassington, United Kingdom, specializes in the development of innovative energy storage solutions, particularly hot water tanks. The company's technology is designed to enhance energy efficiency and support the integration of renewable energy sources, such as solar power and heat pumps. By providing a cost-effective means to store and utilize energy, Mixergy aims to facilitate grid balancing and optimize the use of renewable power, contributing to a more sustainable energy landscape.

HiiROC

Venture Round in 2021
HiiROC is an industrial company specializing in low-cost, zero-emission hydrogen production. Utilizing proprietary plasma technology, HiiROC converts biomethane, flare gas, or natural gas into clean hydrogen with no CO2 emissions. Its innovative methane cracking process produces solid carbon instead of greenhouse gases, making it a sustainable alternative to conventional methods like steam methane reforming and water electrolysis. The company's modular, scalable units enable on-site hydrogen production for fuel cells, reducing capital expenditure and operational costs compared to other hydrogen production technologies. Additionally, HiiROC offers zero-emission carbon black as an eco-friendly replacement for oil furnace-produced carbon black.

Energy Sparks

Grant in 2021
Energy Sparks is an online energy analysis and education tool designed to help schools reduce their carbon footprint and educate students on energy efficiency and climate change.

Community Energy Scotland

Grant in 2021
Community Energy Scotland is a registered charity that provides practical help for communities on green energy development and energy conservation. Highlands and Islands Community Energy Company was formed in 2004 as a subsidiary of Highlands and Islands Enterprise. Building on the success of this, and in response to a growing sustainable development agenda in Scotland, the Highlands and Islands Community Energy Company evolved into an independent Scottish charity, Community Energy Scotland. Community Energy Scotland was incorporated on 9th November 2007 as a Company Limited by Guarantee with no share capital (Company No. SC333698) and a registered Scottish Charity (No. SC039673). The organisation has spread from an initial base in the Highlands to cover the whole of Scotland, offering local development officers throughout the country.

Omnidian

Series B in 2021
Omnidian offers comprehensive protection plans for residential solar energy systems. It serves both individual homeowners and financial institutions, providing real-time monitoring, proactive service alerts, and a nationwide network of field service professionals to ensure optimal system performance. The company's mission is to protect and accelerate capital invested in the residential solar industry.

Nabuh Energy

Acquisition in 2021
Nabuh Energy is an energy company focused on providing electricity and gas services to low-income households across England and Wales. It aims to optimize domestic energy supply by offering affordable utilities, ensuring that individuals can access essential services at competitive rates. The company also facilitates the procurement of energy through free quotes for Prepayment and Direct Debit Tariffs, enhancing the affordability and accessibility of energy for its customers.

LO3 Energy

Series B in 2021
LO3 Energy develops and operates Pando, a marketplace that connects energy suppliers with customers to create, deploy, and monetize energy products and services for retail utility and energy sectors. It builds tools and projects to accelerate the distributed energy economy, including blockchain-based platforms for community microgrids that enable utility and energy retail clients to form differentiated offerings in open, competitive electricity markets. The company focuses on technology and business development around decentralized energy models and computation sharing, supporting the proliferation of distributed energy resources and related services. Headquartered in Portland, Oregon, LO3 Energy was founded in 2012.

Driivz

Series C in 2020
Driivz Ltd. is a developer of a comprehensive electric vehicle (EV) charging management platform, based in Tel Aviv, Israel, and founded in 2012. The platform facilitates the management of all aspects of EV operations, including chargers, drivers, and energy consumption. It offers features such as real-time charger availability, transaction management, billing, and membership services for drivers. Driivz's solution supports fleet and host management, providing tools for fleet managers, charger hosts, and vendors to monitor performance, analyze usage trends, and receive real-time alerts for charging issues. Additionally, the platform includes capabilities for pricing and tariff management, ensuring stable energy vehicle charging. Operating in over 30 countries, Driivz serves a diverse clientele, including global charge point operators and electric mobility service providers, enabling them to enhance their charging infrastructure and improve operational efficiency.

Mixergy

Series A in 2019
Mixergy Ltd, founded in 2014 and headquartered in Cassington, United Kingdom, specializes in the development of innovative energy storage solutions, particularly hot water tanks. The company's technology is designed to enhance energy efficiency and support the integration of renewable energy sources, such as solar power and heat pumps. By providing a cost-effective means to store and utilize energy, Mixergy aims to facilitate grid balancing and optimize the use of renewable power, contributing to a more sustainable energy landscape.

Minut

Series A in 2019
Minut designs and markets a smart home security solution that monitors noise, temperature, motion, and other environmental factors through a camera-free sensor system. The device uses infrared motion detection and a microphone to detect unusual activity and sends alerts to users via a smartphone app, supporting home security, safety, guest privacy, and short-term rental monitoring. Founded in 2014 as Form Devices, Minut is headquartered in Malmö, Sweden, with operations in Shenzhen, China.

Verv

Series A in 2019
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

GreenCom Networks

Series C in 2019
GreenCom Networks AG is an energy IoT company based in Munich, Germany, with a focus on developing innovative solutions for the energy sector since its founding in 2011. The company operates an Energy Information Brokerage Platform that integrates various distributed energy assets, including solar panels, battery storage, electric vehicles, and heat pumps. Its platform offers several services, such as eibp connect for managing and controlling energy assets, eibp boost for visualizing and optimizing energy flows, eibp mesh for connecting customers to energy communities, eibp empower for developing energy tariffs, and eibp cluster for enhancing the capabilities of distributed assets. By providing these tools, GreenCom Networks enables utilities and energy service companies to improve customer engagement and introduce new digital energy services.

EchoCare

Series A in 2019
EchoCare specializes in a non-wearable wellness and prevention care system aimed at supporting the senior population living independently at home or in senior living facilities. The company's innovative system utilizes radar technology to monitor daily activities, allowing it to identify potential health deterioration and detect acute situations such as falls or respiratory distress. By providing a holistic behavioral monitoring solution, EchoCare enables caregivers and emergency operators to receive alerts automatically, thereby improving response times during critical situations. This approach not only alleviates the existing distress associated with elderly care but also enhances the safety and well-being of senior citizens.

Verv

Equity Crowdfunding in 2018
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

Vista Solar

Acquisition in 2018
Vista Solar, Inc. is a solar engineering, procurement, and construction company based in Santa Clara, California. Founded in 2007, it specializes in designing and installing commercial solar electric systems for a diverse range of customers, including those in agriculture, commercial enterprises, non-profits, government, and multi-family housing sectors. The company has successfully completed 40 megawatts of solar projects for over 160 clients, emphasizing cost savings on electricity bills while contributing to environmental sustainability. As of September 2018, Vista Solar operates as a subsidiary of Centrica plc.

Indegy

Series B in 2018
Indegy Ltd. specializes in industrial cybersecurity, providing a comprehensive platform that empowers operational engineers and cybersecurity teams to manage and secure industrial networks. Founded in 2014 and headquartered in New York, with an additional office in Tel Aviv, the company offers a suite of products that includes its industrial cybersecurity suite, device integrity technology, and security cloud solutions. These tools enable users to detect malicious activities, identify unauthorized changes, troubleshoot device misconfigurations, and ensure compliance with change management standards. Indegy's technology supports various industries, including power and utilities, oil and gas, pharmaceuticals, automotive, food and beverage, and transportation. The company also provides services such as cybersecurity risk assessments, security training, and monitoring to enhance the protection of critical infrastructure against cyber threats. Indegy operates as a subsidiary of Tenable, Inc. since December 2019.

Panoramic Power

Acquisition in 2018
Panoramic Power Ltd. is a provider of cloud-based energy management solutions, specializing in device-level energy analytics. Founded in 2009 and based in Kfar Sava, Israel, the company offers a dashboard that enables users to monitor and analyze electrical energy consumption at both the multi-site and individual device levels. This technology helps businesses across various sectors, including retail, industrial manufacturing, healthcare, and education, to enhance energy efficiency, improve operational processes, support sustainability initiatives, and comply with regulations. Panoramic Power's innovative solutions leverage non-invasive, wireless, and self-powered circuit-level technology, providing actionable insights that allow companies to reduce energy costs and optimize their operations. The company also offers deployment and reporting services to further assist organizations in achieving their energy management goals. As of late 2015, Panoramic Power operates as a subsidiary of Centrica Nederland B.V.

Driivz

Series A in 2018
Driivz Ltd. is a developer of a comprehensive electric vehicle (EV) charging management platform, based in Tel Aviv, Israel, and founded in 2012. The platform facilitates the management of all aspects of EV operations, including chargers, drivers, and energy consumption. It offers features such as real-time charger availability, transaction management, billing, and membership services for drivers. Driivz's solution supports fleet and host management, providing tools for fleet managers, charger hosts, and vendors to monitor performance, analyze usage trends, and receive real-time alerts for charging issues. Additionally, the platform includes capabilities for pricing and tariff management, ensuring stable energy vehicle charging. Operating in over 30 countries, Driivz serves a diverse clientele, including global charge point operators and electric mobility service providers, enabling them to enhance their charging infrastructure and improve operational efficiency.

Signol

Seed Round in 2018
Signol is a London-based technology company that provides a behavior-change platform designed to improve fuel efficiency and reduce CO2 emissions in demanding transportation operations. The platform delivers personalized feedback and insights to professionals such as captains and crew, using behavioral science to motivate decisions that lower fuel use. It targets sectors like aviation and shipping, where small behavioral changes can yield meaningful environmental and operational gains. The solution complements existing management dashboards and programs, enabling immediate savings in fuel and carbon intensity through improved decision-making and operational practices.

Mainspring

Series C in 2018
Mainspring Energy, Inc. is a technology company based in Menlo Park, California, that specializes in developing linear generator technology for low carbon, dispatchable energy solutions. Founded in 2010 by three Stanford engineers, the company focuses on creating advanced prototypes that convert fuel into electricity through a unique, low-temperature reaction of air and fuel. This innovative approach allows Mainspring to offer generators that provide affordable, reliable electricity while significantly reducing carbon emissions compared to traditional electric grids. The company's mission is to address climate change and enhance energy accessibility, contributing to the development of net-zero carbon energy systems for the future.

LO3 Energy

Venture Round in 2017
LO3 Energy develops and operates Pando, a marketplace that connects energy suppliers with customers to create, deploy, and monetize energy products and services for retail utility and energy sectors. It builds tools and projects to accelerate the distributed energy economy, including blockchain-based platforms for community microgrids that enable utility and energy retail clients to form differentiated offerings in open, competitive electricity markets. The company focuses on technology and business development around decentralized energy models and computation sharing, supporting the proliferation of distributed energy resources and related services. Headquartered in Portland, Oregon, LO3 Energy was founded in 2012.

REstore

Acquisition in 2017
REstore is an innovative energy technology company focused on Demand Side Management and the European market for primary reserve and frequency control. The company operates across ancillary services and capacity markets in France, the UK, Germany, and the Benelux region. REstore provides advanced automated Demand Response solutions and cloud-based software that enables industrial energy managers to optimize flexible power usage, maximizing energy cost savings through real-time demand management. Its AI-driven platform, FlexPond™, serves over 150 major commercial and industrial consumers, while the latest offering, FlexTreo™, helps large consumers monetize their flexibility in energy usage.

FlowGem

Acquisition in 2016
FlowGem Limited detects water leaks through Internet of Things (IoT).

ENER-G Cogen International

Acquisition in 2016
ENER-G provides organisations across the globe with energy management services, sustainable technologies and renewable energy solutions, to help them intelligently generate, buy and manage energy.

Neas Energy A/S

Acquisition in 2016
Neas Energy A/S is an energy trading and asset management company based in Aalborg, Denmark, with additional offices in London, Hamburg, and Stockholm. Founded in 1997 and formerly known as Nordjysk Elhandel A/S, the company specializes in managing assets across various energy sectors, including power, gas, and related commodities throughout Europe. Neas Energy A/S offers asset management services for a diverse range of facilities, such as thermal power plants, combined heat and power plants, waste incineration plants, biogas plants, and renewable energy sources like wind, solar, and hydro. The company serves utilities, supply and distribution firms, trading houses, and large-scale industrial consumers, facilitating efficient energy trading on European markets.

Verv

Angel Round in 2015
Founded in London in 2017, Verv specializes in high-speed data acquisition and AI for electrical appliances. Its patented technology captures appliance energy signatures to detect anomalies, enabling predictive maintenance and enhancing sustainability. By identifying issues early, Verv improves energy efficiency, extends appliance lifespan, reduces repair costs, and optimizes customer service.

Bounce Energy

Acquisition in 2013
Bounce Energy is a retail electricity provider based in Texas, focusing on delivering electricity services to residential and small business customers. The company distinguishes itself by leveraging technology, social media, and innovative marketing strategies to enhance customer engagement and service delivery. By adopting a fresh approach to the electricity market, Bounce Energy aims to offer competitive solutions tailored to the needs of its clientele, fostering a unique customer experience in the energy sector.

Cool Planet Technologies

Acquisition in 2010
Cool Planet Technologies Limited specializes in renewable energy solutions in the United Kingdom. The company designs, sells, and installs ground and air source heat pumps, providing comprehensive services that include site technical investigations, geological surveys, thermal and financial modeling, project management, installation, and ongoing maintenance support. In addition to catering to individual customers, Cool Planet also serves as a subcontractor for larger projects within the commercial and public sectors. The company aims to assist developers, local authorities, and landlords by offering technical support for planning applications, ensuring a holistic approach to renewable energy implementation.

Newnova Group

Acquisition in 2009
Newnova Group provides manufacturing, installation, and maintenance services for building management systems. It offers building management and control systems to the building services industry. The company focuses on consultancy and installation, and delivers preventative maintenance to building services support sector. It also provides a turnkey service of installing and commissioning building management systems, which monitor and optimize the environment in buildings. In addition, the company offers ancillary products and a maintenance service with the systems.

Caythorpe Gas Storage

Acquisition in 2008
Caythorpe Gas Storage Limited is a UK-based company that specializes in the production and storage of natural gas. Incorporated in 2004, the company operates gas-producing fields and provides gas storage facilities to meet the demands of the energy market. It plays a crucial role in the natural gas supply chain, ensuring efficient management and availability of gas resources. Caythorpe Gas Storage Limited is a subsidiary of Centrica plc, which further enhances its operational capacity and market reach.

Strategic Energy

Acquisition in 2008
Strategic Energy provides energy products and services. The company supplies electricity to industrial and commercial markets.

Oxxio

Acquisition in 2006
Oxxio is an electric utility company based in Rotterdam, Netherlands, specializing in the supply of green electricity and gas. The company focuses on providing customers with digital technologies that empower them to monitor and manage their power consumption effectively. By emphasizing sustainability and innovation, Oxxio aims to enhance the energy experience for its users while promoting environmentally friendly practices in the energy sector.

Dyno-Rod

Acquisition in 2004
Dyno-Rod Limited is a provider of drain cleaning and plumbing services in the United Kingdom, focusing on both residential and commercial sectors. The company specializes in a range of services, including unblocking drains, conducting CCTV drain inspection surveys, performing drain repairs, and providing drain jetting. Additionally, Dyno-Rod offers plumbing services to address various issues such as sink malfunctions and other plumbing-related challenges. With a commitment to effective drainage maintenance, Dyno-Rod serves as a reliable resource for its customers' plumbing needs.

Centrica Storage

Acquisition in 2003
Centrica Storage Limited operates a gas storage facility in the Southern North Sea and onshore gas processing terminal in East Yorkshire. The company operates S Store, a storage product that provides access to the largest storage facility; C Store, a product that delivers gas; and V Store, a virtual storage that offers benefiting from firm and flat injection and withdrawal, no FM, and maintenance or cancellation days. Its services include interruptible and use it or lose it services, gas in store, gas in store financing, unbundled injection and withdrawal, and unbundled space. The company serves energy producers, utilities, gas producers, gas traders, and suppliers in Europe.

Regional Power Generators

Acquisition in 2002
Regional Power Generators engages in the power generation.

Trolhurst

Acquisition in 2001
Trolhurst is a prominent provider of gas appliance servicing and central heating installation in Britain.

Energy America

Acquisition in 2000
Energy America, LLC supplies gas and electricity to residential and small business customers.

Direct Energy

Acquisition in 2000
Direct Energy is a retail provider of electricity and natural gas, offering a range of energy-related products and services for both residential and commercial customers. The company focuses on innovation, leveraging data and technology to enhance its utility and protection services. Direct Energy operates in multiple states, providing customers with options for electricity and natural gas, as well as wholesale power and natural gas trading and marketing services. Through its diverse portfolio, the company aims to assist customers in managing their energy costs effectively.

Alliance Gas Management

Acquisition in 2000
Alliance Gas Management Inc. is a wholesaler of natural gas. The company also stores, delivers, and transports natural gas.

The Automobile Association

Acquisition in 1999
The Automobile Association Limited, founded in 1905 and based in Basingstoke, United Kingdom, offers a range of services primarily focused on vehicle support and insurance. The company specializes in breakdown cover and roadside assistance for both motor vehicles and motorcycles, dispatching patrols to assist members stranded on the road. In addition to roadside services, the Automobile Association provides insurance brokerage activities, focusing on motor and home insurance. The company also operates a Driving Services segment, which includes the Driving School, the British School of Motoring, and AA Drivetech, offering driver training and educational programs. As a subsidiary of AA plc, the Automobile Association plays a vital role in promoting road safety and providing support to motorists across the UK.
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