About UK Power Reserve
UK Power Reserve, a part of Sembcorp Group, is a provider of low carbon electricity and services to the UK electricity market, especially to the national grid and commercial clients. Operates a portfolio of small-scale, local gas-fired power generation plant (893MW in total) and battery storage secure supply (120MW) and support renewables services. Holds around 500MW of 20 plants in operation and planning to expand it to 50 plants, out of which over 14 sites with 280MW of capacity are under development stage. Capitalized with IGrid app which supports services like demand-side response trading, Triad Management, and other trading operation electricity assets.
- Headquarter Solihull, United Kingdom
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$34.49 M (USD), Grant
Feb 08, 2018
-
Investors
Gov.uk
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Sembcorp Industries
(May 31, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of UK Power Reserve
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $34.5M
-
First Round
First Round
(08 Dec 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Grant - UK Power Reserve | Valuation |
investors |
|
| Mar, 2017 | Amount | Grant - UK Power Reserve | Valuation |
investors |
|
| Dec, 2016 | Amount | Grant - UK Power Reserve | 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 |
investors |
Investors in UK Power Reserve
UK Power Reserve has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gov.uk and Sembcorp Industries. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Online government services and information are provided to users.
|
Founded Year | Domain | Location | |
|
Large-scale asset development and management are conducted globally.
|
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 UK Power Reserve
| 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 - UK Power Reserve
| 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 |
Uk Power Reserve Comparisons
Competitors of UK Power Reserve
| 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.
|
Frequently Asked Questions about UK Power Reserve
When was UK Power Reserve founded?
UK Power Reserve was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is UK Power Reserve located?
UK Power Reserve is headquartered in Solihull, United Kingdom. It is registered at Solihull, West Midlands, United Kingdom.
Who is the current CEO of UK Power Reserve?
Sam Wither is the current CEO of UK Power Reserve.
What does UK Power Reserve do?
UK Power Reserve, a part of Sembcorp Group, is a provider of low carbon electricity and services to the UK electricity market, especially to the national grid and commercial clients. Operates a portfolio of small-scale, local gas-fired power generation plant (893MW in total) and battery storage secure supply (120MW) and support renewables services. Holds around 500MW of 20 plants in operation and planning to expand it to 50 plants, out of which over 14 sites with 280MW of capacity are under development stage. Capitalized with IGrid app which supports services like demand-side response trading, Triad Management, and other trading operation electricity assets.
Who are UK Power Reserve's investors?
UK Power Reserve has 2 investors. Key investors include Gov.uk, and Sembcorp Industries.