Infinis
{{Infobox company
| name = Infinis
| logo = Infinis logo.jpg
| logo_size = 200px
| type = limited company
| traded_as =
| foundation = 2006
| location = Northampton, United Kingdom
| key_people = Tony Cocker (Chairman)
Shane Pickering (CEO)
| industry = Energy
| products =
| revenue = £150.7 million (2018)| operating_income = £29.24 million (2018)
| net_income =
| num_employees =
| parent =
| subsid =
| homepage = [http://www.infinis.com www.infinis.com]
| slogan =
| footnotes =
}}
Infinis Energy is a British renewable energy group headquartered in Northampton. Infinis produces electricity from captured landfill and mineral methane.
Infinis claims to have a net negative carbon emissions footprint.
History
The company was originally created in 2006 as a subsidiary of Waste Recycling Group whose area of operations was the generation of energy from gas originating from the landfill sites in the WRG portfolio. The parent company, Terra Firma Capital Partners, then sold WRG in July 2006 while retaining Infinis. Novera Energy was acquired in 2009, bringing additional landfill gas sites, along with hydroelectric sites and wind development sites.{{cite web|title=Infinis corporate website|url=http://www.infinis.com/about-us/corporate-overview/history.466/|accessdate=27 May 2015}} Infinis went on to buy one operational and two consented wind farms from E.ON in 2011{{cite web|url=http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/wind/wind-developer-infinis-buys-e-on-uk-wind-farm-assets.html|title= Wind developer Infinis buys E.ON UK wind farm assets|publisher= New Energy|date= 25 January 2011|accessdate=8 March 2014}} and four wind farms from SSE in 2010 and 2011.{{cite web|url=http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/wind/terra-firmas-infinis-buys-three-sse-onshore-wind-farms.html |title=Terra Firma’s Infinis buys three SSE onshore wind farms|publisher= New Energy|date= 15 April 2011|accessdate=8 March 2014}}
After seven years of ownership by Terra Firma Capital Partners, the company was the subject of an IPO (initial public offering) in November 2013.{{cite web|url=https://www.theguardian.com/business/2013/nov/15/renewable-energy-infinis-ipo-investors|title=Renewable energy generator Infinis priced at bottom of IPO range|publisher=The Guardian|date=15 November 2013|accessdate=8 March 2014}} Ian Marchant, formerly CEO of Scottish and Southern Energy, was appointed Independent Chairman of the Infinis Board, in September 2013 in the run up to the IPO.{{cite web|title=Ian Marchant, former SSE boss, joins Guy Hands' Infinis ahead of London IPO|url=https://www.telegraph.co.uk/finance/newsbysector/energy/10336016/Ian-Marchant-former-SSE-boss-joins-Guy-Hands-Infinis-ahead-of-London-IPO.html|date=26 September 2013|publisher=The Telegraph|accessdate=27 May 2015}}
In 2013 the Court of Appeal in England and Wales upheld a judgment in favour of Infinis against Ofgem, who had denied the company access to Renewable Obligation Certificates, a form of funding incentive for renewable energy generation, to which they were entitled. This case represented the first UK case where Article 1 of Protocol 1 ("A1P1") compensation under the European Convention on Human Rights had been granted in relation to a regulatory authority.Blackstone Chambers, [https://www.blackstonechambers.com/news/case-r_infinis_v_gas/ R (Infinis) v Gas and Electricity Markets Authority], published on 13 February 2013, accessed on 16 May 2025
The company was acquired by Terra Firma Capital Partners in December 2015.{{cite web|url=https://www.telegraph.co.uk/finance/newsbysector/energy/11948624/Infinis-Energy-taken-private-by-Guy-Hands-Terra-Firma-after-share-price-slump.html|title=Infinis Energy taken private by Guy Hands' Terra Firma after share price slump|publisher=The Telegraph|date=22 October 2015|accessdate=14 December 2015}}
Following the acquisition of the landfill gas business by 3i on 8 December 2016, Shane Pickering was appointed Chief Executive of Infinis and Director to the boards of the two new governing companies. Tony Cocker was appointed as Non-executive Director and Chairman to the Board of Infinis Energy Management Limited (the Infinis Group's governing board) on 1 August 2017. On 11 April 2018, Infinis acquired 100% of Alkane energy, an independent energy producer from coal mine methane and power response.
Operations
Infinis employs approximately 279 people across 153 operating sites with an aggregate generating capacity of 478MW*, comprising 121 landfill gas sites, 15 CMM sites and 17 PR sites.
See also
- UK enterprise law
- Infinis Energy Holdings Ltd v HM Treasury [2016] [https://www.bailii.org/ew/cases/EWCA/Civ/2016/1030.html EWCA Civ 1030]
References
{{reflist}}
External links
- [http://www.infinis.com Official site]
{{authority control}}
Category:Energy companies established in 2006