Carlton Power and Stag Energy are set to merge operations as they look to focus on clean energy infrastructure projects that will support the transition to net zero – and plans include developing a portfolio of green hydrogen projects across the UK and a new carbon advisory board.
A move that will have strong emphasis on energy security, the merging of the two independent energy infrastructure developers will focus in the areas of energy storage and grid stability services that will help better a green future.
It has already been confirmed that the new carbon advisory board will be called Carlton Carbon.
On the announcement, Keith Clarke, founder of Carlton Power, said, “Our combined capabilities provide an unparalleled track record of successfully identifying, developing and delivering major infrastructure projects in the UK and Europe.
“Over the past 30 years, the team has delivered more than 6GW of both thermal and renewables generation. Importantly, looking ahead there are a range of business opportunities that we see to be vital for the UK energy system to safely navigate its way towards Net Zero. It’s an exciting future for all of us.”
“In addition to energy infrastructure projects, we have also established a carbon marketing and advisory business – Carlton Carbon - to facilitate the delivery of verified carbon certificates in the compliance and voluntary sectors.”
It has been confirmed the combined entity will operate as part of the Carlton Power Group and will include key personnel from both Carlton Power and Stag Energy.
George Grant, founder of Stag Energy, added, “The combined company intends to capitalise on the continuing growth in the market for distributed low carbon energy projects and to continue to deliver quality investment opportunities for both strategic and financial partners.”