Esken renewables Botswana

Esken Renewables to be sold for £107m

Esken has announced that it has agreed to sell its waste wood biomass supply company, Esken Renewables, for £107 million to infrastructure fund Pioneer Balmoral UK. The move comes just 18 months after Esken changed the name of its subsidiary from Stobart Energy (see letsrecycle story). In February, Esken also announced that Esken Renewables is

Middlesbrough recycling firm Esken Renewables fined over wood

Esken Renewables Limited pleaded guilty to breaching a control of substances hazardous to health regulation. It was fined £160,000 and ordered to pay £5,310.35 in costs, along with a £190

Esken Renewables | LinkedIn

Esken Renewables | 2,200 followers on LinkedIn. Esken Renewables sources, processes, supplies and transports waste wood and other waste derived fuels to third parties. | We are the number one supplier of biomass renewable energy fuel in the UK, sourcing and supplying fuel to renewable energy plants under a mix of short and long-term contracts.

Full Year Results Presentation

Esken has for the first time collected and voluntarily reported Scope 3 emissions data, in addition to Scope 1-2 reported in prior years. Esken Renewables making positive impact on the UK''sGHG emissions Esken Renewables saved the UK 630,000 tonnes of additional GHG emissions by supplying waste wood that would have

Interim Results Presentation

Renewables disposal • Disposal of entire share capital of Esken Renewables • Enterprise value of £107.7m and equity value of £84.5m • Net proceeds of £78.5m, used to settle term loan (c.£71m) and fund the defined benefit pension scheme (£3.6m) and residual net cash provides short-term working capital for the continuing Group

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

Port Clarence Launch | For a bit of #MondayMotivation we

We are delighted to announce that we have today changed our name from Stobart Energy to Esken Renewables. The new name reflects both our importance to our parent company, Esken, and our focus on supporting the UK circular economy by supplying renewable fuel across the country. Watch our new video below explaining our new name.

Esken sells renewables division in deal valued at £107m

Esken, the Widnes-based aviation and renewables group, has announced the sale of its renewables division to Pioneer Balmoral UK. It said the deal represents an equity value of £84.5m, to be

Esken Limited Results for the six months ended 31 August

• Esken [s core Aviation and Renewables businesses generated a positive combined EITDA of £6.5m for the six months to 31 August 2022 (HY21: £9.9m). o Esken Renewables supplied 753k tonnes of biomass fuel, up 6.7% on the same period last year (HY21: 706k tonnes). Ongoing fluctuations in UK construction supply chains during the period

Esken Renewables Employee Reviews for Truck Driver

Reviews from Esken Renewables employees about working as a Truck Driver at Esken Renewables. Learn about Esken Renewables culture, salaries, benefits, work-life balance, management, job security, and more.

Making Waste Matter in the Sustainable Era

Esken Renewables has rebranded to Seras, reflecting a new era in the fuel specialists'' business. Backed by its new owners, Pioneer Point Partners, growth and sustainability are central to the Seras story. We met with Richard Jenkins, CEO of Seras, to find out more about his vision for the business.

Working at Esken Renewables: Employee Reviews | Indeed

Reviews from Esken Renewables employees about Esken Renewables culture, salaries, benefits, work-life balance, management, job security, and more. Home. Company reviews. Salary guide. Sign in. Sign in. Employers / Post Job. 1 new update. Start of main content. Esken Renewables. 2.8 out of 5 stars. 2.8. 10 reviews

Esken Renewables | LinkedIn

Esken Renewables | 2,353 followers on LinkedIn. Esken Renewables sources, processes, supplies and transports waste wood and other waste derived fuels to third parties. | We are the number one supplier of biomass renewable energy fuel in the UK, sourcing and supplying fuel to renewable energy plants under a mix of short and long-term contracts.

Stobart Energy changes name to 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.

Seras

In December 2023, Pioneer acquired Seras (formerly Esken Renewables), the leading UK supplier of biomass fuel from waste wood and forest-by-products. Founded in 2009, the Company supplies 1.7 million tonnes of fuel to the UK biomass sector, under long-term contracts. The majority of the renewable biomass fuel comes from waste wood which

Esken Renewables'' New Truck and Trailer in Remembrance Livery

Widnes-based Esken Renewables, the UK''s largest supplier of biomass fuel, unveiled a new truck and trailer with Remembrance Day livery.The new vehicle, which is used to supply waste wood to biomass plants across the UK, will also be named Elizabeth, in recognition of the late Queen who was head of the UK''s armed forces for over 70 years

Full Year Results Presentation

Esken Renewables focused on improving margins 17 Revenue Revenue up 17.7% to £93.7m. Adjusted EBITDA¹ Adjusted EBITDA¹ reduced 9.5% to £18.4m. •Esken Renewables supplied 1.6m tonnes of biomass fuel, up 9.4% - resulting in revenue increasing by 17.7% to £93.7m -unplanned outages at plants where we supply higher margin waste wood fuel, coupled

Stobart Energy becomes Esken Renewables

EXCLUSIVE VIDEO REPORT: Stobart Energy has today changed its name to Esken Renewables. The rebranding comes after some complex name changes. Stobart Group, the parent company of Stobart Energy which also owned the ''Eddie Stobart'' and ''Stobart'' trademarks, sold back the Stobart brands which it owned to Eddie Stobart Logistics for £10

Esken Renewables Company Profile 2024: Valuation, Investors

Esken Renewables General Information Description. Producer and supplier of biomass fuel intended to serve the renewable energy sector. The company is engaged in providing biomass fuels that are processed from waste wood, thereby helping power plant operators to decarbonize their power generation.

Completion of disposal of Esken Renewables – Company

Completion of disposal of Esken Renewables and repayment of amounts due under the Facilities Agreement Esken announces that it has today completed the disposal of the entire issued share capital of Esken Renewables Limited to Pioneer Balmoral UK Limited, a vehicle fully owned and funded by the sustainable infrastructure fund, Pioneer

Esken Renewables'' New Truck and Trailer in

Esken Renewables hiring Sampling and Analysis Technician Job in

Esken Renewables reserves the right to withdraw this advert following sufficient applications. No Agencies please. About 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

Seras UK

Seras UK | 2,591 followers on LinkedIn. We are Seras, sustainable fuel specialists. We provide sector leading solutions across the waste to energy supply chain. | We are Seras, the sustainable fuel specialists. Formerly known as Esken Renewables, we provide sector leading solutions across the waste to energy supply chain. As the UK''s largest biomass fuel supply business,

Esken Renewables rebrands as Seras | Bioenergy

Biomass fuel supplier Stobart Energy changes name to Esken Renewables

Esken Renewables can store up to 100,000 tonnes of unprocessed waste wood at its sites. Its strategic processing capacity and strong customer base mean the firm processes over 10% of the UK''s annual waste wood, for which it receives a Gate Fee. Esken Renewables procures a further 15% of the UK''s annual waste wood from third-party processors.

Esken renewables Botswana [PDF]

5 FAQs about [Esken renewables Botswana]

Who owns Esken renewables?

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

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.

Is Esken Renewables a positive outcome?

“The sale of Esken Renewables is a positive outcome set against a persisting challenging market with an increase in interest rates over the last 12 months that has supressed M&A activity.

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.

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.’

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