Northacre Renewable Energy

Reading, United Kingdom Founded: 2011 • Age: 15 yrs Acquired By Qair
Provider of household waste disposing and energy services

About Northacre Renewable Energy

Northacre Renewable Energy is a company based in Reading (United Kingdom) founded in 2011 was acquired by Qair in July 2024.. Northacre Renewable Energy offers products and services including Energy from Waste Services and Waste Management Solutions.

  • Headquarter Reading, United Kingdom
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Northacre Renewable Energy Limited
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $36.83 M (USD), Grant

    Sep 26, 2017

  • Investors
    Gov.uk

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Qair

    (Jul 15, 2024)

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Products & Services of Northacre Renewable Energy

Northacre Renewable Energy offers a comprehensive portfolio of products and services, including Energy from Waste Services and Waste Management Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Waste is processed to produce low-carbon energy, addressing residual business and household waste that would otherwise be landfilled or exported.

Sustainable solutions are provided for commercial and municipal waste, including resource recovery and long-term disposal alternatives in designated areas.

Funding Insights of Northacre Renewable Energy

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $36.8M
  • First Round

    (26 Sep 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Grant - Northacre Renewable Energy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Northacre Renewable Energy

Northacre Renewable Energy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gov.uk and Qair. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Online government services and information are provided to users.
Founded Year Domain Location
Solar energy projects are developed by Qair in renewable sector.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Northacre Renewable Energy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Northacre Renewable Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Northacre Renewable Energy Comparisons

Employees
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Competitors of Northacre Renewable Energy

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Northacre Renewable Energy

Frequently Asked Questions about Northacre Renewable Energy

When was Northacre Renewable Energy founded?

Northacre Renewable Energy was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Where is Northacre Renewable Energy located?

Northacre Renewable Energy is headquartered in Reading, United Kingdom.

Who is the current CEO of Northacre Renewable Energy?

Louis Blanchard is the current CEO of Northacre Renewable Energy.

What does Northacre Renewable Energy do?

Northacre Renewable Energy Limited was established in 2011 as a special purpose joint venture in the renewable energy sector. The company focuses on operating an energy-from-waste facility in Westbury, United Kingdom, where household waste is processed to generate energy. Based in Reading, services encompass waste management and power production for local needs. Leadership is provided by CEO Louis Blanchard.

What products or services does Northacre Renewable Energy offer?

Northacre Renewable Energy offers Energy from Waste Services and Waste Management Solutions.

Who are Northacre Renewable Energy's investors?

Northacre Renewable Energy has 2 investors. Key investors include Gov.uk, and Qair.

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