Private | |
Industry | Utilities |
Founded | 2002 |
Headquarters | Northampton, England, UK |
Key people
|
Charlie Crossley Cooke,(Chief Executive) Fred Esiri (Chairman) |
Products | Electricity Gas |
Revenue | £524.3 million |
£38.2 million | |
£30.4 million | |
Number of employees
|
695 (June 2014) |
Website | Opus Energy |
Opus Energy Limited
Opus Energy was established in 2001 as Oxford Power Holdings Limited. It was renamed Opus Energy Limited on 28 October 2010. Opus Energy Limited supplies gas and electricity to businesses across the United Kingdom. It purchases electricity from wind, solar, hydro, and AD generators, and provides support to develop energy-generating sites. It is headquartered in Northampton, United Kingdom with an additional office in Oxford. Opus Energy Limited operates as a subsidiary of Opus Energy Group Ltd. Currently 50.01% of the company’s shares are held by management, 20% are owned by Telecom Plus Plc and the remaining 29.99% of shares are held by International Power Plc, a wholly owned subsidiary of Engie . Opus Energy and International Power Plc agreed a power supply contract which gives Opus Energy Limited access to the wholesale electricity markets. On 6th December 2016 it was announced that Opus Energy have entered into a binding conditional agreement for the sale of the entire issues share capital to Drax Developments Limited, a member of the Drax Group. As an energy provider it currently rates 1.5 stars out of 5 on Review Centre, with numerous disparaging comments.
Opus Energy Limited sources its electricity from renewable sources, natural gas (cleaner CHP), natural gas (CCGT), and coal. Between April 2013 and March 2014, 91% of energy supplied to Opus Energy customers came from cleaner, low-carbon sources.
Opus Energy provides a power purchase agreement product whereby it offers to buy excess power from companies who create their own renewable energy.
In 2009 Opus Energy Limited began sponsoring a pommel horse gymnast, Daniel Keatings and in August 2013 began sponsoring Chantelle Cameron, a Northampton local and member of the GB Boxing women’s squad. Both have high hopes of making it to the Olympics 2016 in Rio de Janeiro.
In early 2014, cyclist Lauryn Therin joined Opus Energy’s team of sponsored athletes. Lauryn joined the GB Para-cycling team as a tandem pilot for the visually impaired cycling squad, and is currently paired with Lora Turnham. Opus Energy were also named back-of-shirt sponsors of Northampton Town Football Club in January 2015, a sports team local to the Opus Energy headquarters.