Name

Peel NRE

Legal name

Peel Land Group Ltd

Website

https://peelnre.co.uk

Company type

Private

Founded year

2021

Operating status

Operating

Ownership category

akta.pro rank

Product category

Clean Energy Infrastructure

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114)

SIC

Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991), Refuse Systems (4953)

akta.pro primary industry

Microgrid Development, EPC & Integration (EUAMAJAB)

akta.pro secondary industries

Circularity & End-of-Life Technology R&D (PV Recycling Chemistry, Blade Reuse, Design-for-Recycling) (EUAMAOAK), Resource Assessment & Yield Optimization (Solar/Wind/Hydro/Geo Studies, Met Masts, GIS) (EUAMAAAH)

Keywords

• District heating networks
• Renewable energy generation
• Waste-to-value processing
• Energy infrastructure development
• Low-carbon heat solutions

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Heat energy sales (Mersey Heat): Mersey Heat Limited, a wholly-owned energy supply company (ESCo), retails heat energy to domestic and commercial occupants of buildings within Liverpool Waters. Heat customers are billed based on usage with a 'price promise' ensuring competitive pricing compared to traditional heat sources.
2. Renewable energy generation and export: Generation of renewable electricity from wind farms, solar farms, biomass, and energy from waste facilities. Electricity is sold to the grid or directly to end-users via private wire arrangements to help decarbonise energy-intensive businesses.
3. Waste management and materials processing: Management and processing of construction and demolition waste, plastics, and other waste streams through facilities at Protos and other sites. Revenue derived from processing fees and sale of recovered materials.
4. Land development and real estate: Development and sale/lease of land opportunities to companies looking to deploy innovative technology. Land opportunities include Protos (54ha), Arpley Landfill (c.256ha), Astley Moss Quarry (130ha), Peaksnook, Bilsthorpe Energy Centre, and Thelwall for industrial, logistics, and energy uses.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Peel NRE develops, owns, and operates low-carbon energy and resource infrastructure across the UK, including district heat networks (Mersey Heat ESCo, Ener-Vate consultancy), energy parks anchored by Protos in Cheshire with plastic-to-hydrogen, energy-from-waste, biomass, and wind generation, C&D waste recycling (NRE Aggregates), and EV charging networks (evyve joint venture). The company works with local authorities, developers, energy companies, and investors to deliver bespoke energy infrastructure, land development opportunities, and circular economy solutions supporting the UK's net zero by 2050 target.

Product overview

Peel NRE operates as a multi-specialist natural resources and energy company offering a portfolio of distinct products and services focused on clean growth and the circular economy. Its core offerings include district heat networks (delivered via Mersey Heat Limited and Ener-Vate consultancy), energy parks (anchored by Protos in Cheshire), and EV charging infrastructure (evyve joint venture). Supporting services include NRE Aggregates for construction waste recycling, Peel Cubico Renewables for wind and solar development, and land supply partnerships for power reserve facilities. The company also received approval for the UK's first Plastic Park at Protos. These products work together to support the UK's transition to net zero through integrated low-carbon energy, waste management, and infrastructure solutions.

Differentiator

Problem solved

Functional benefit

Brands

• Ener-Vate: Market-leading commercial consultancy for low-carbon district heating and large-scale energy infrastructure projects, operating across the UK with bases in Manchester, Stoke-on-Trent, Glasgow, and London.
• Mersey Heat
• NRE Aggregates
• evyve

Products and services

• District Heat Networks Low-carbon district heating networks that generate heat at centralised energy centres and distribute it via underground pipes to residential and commercial customers. Designed for local authorities, housing developers, and regeneration projects.
• Protos Energy Park Energy park at Protos, Cheshire clustering innovative technologies including the UK's first plastic-to-hydrogen facility, 50MW windfarm, 21.5MW biomass plant, 49MW energy from waste plant, and Plastic Park. Provides low-carbon energy and resource recovery for energy-intensive businesses.
• Energy Parks Sustainable energy generation and resource recovery facilities providing blueprints for delivering low-carbon energy across the UK. Cluster innovative technologies including energy from waste, biomass, wind, solar, and plastic recycling to support clean growth and connect energy-intensive businesses with low-carbon energy sources through decentralised grids.
• NRE Aggregates - C&D Waste Recycling C&D waste recycling plant at Port Salford producing up to 240,000 tonnes of recycled sand and aggregate products per year using CDE wet processing technology. Supports the circular economy by transforming construction and demolition waste into high-quality secondary raw materials for the construction industry.
• Mersey Heat Limited - Heat Energy Supply Energy supply company (ESCo) retailing low-carbon heat energy to domestic and commercial occupiers of buildings within Liverpool Waters. Builds, owns and operates the district heating network including water source heat pump technology extracting heat from the Leeds Liverpool Canal.
• Ener-Vate District Heating Consultancy Commercial consultancy for low-carbon district heating and large-scale energy infrastructure projects. Provides feasibility, design, project management, and operational support services across the UK. Operates bases in Manchester, Stoke-on-Trent, Glasgow, and London.
• evyve EV Charging Network EV charging network joint venture developing a nationwide network of high-quality fast and ultra-fast EV charging stations powered by 100% renewable energy. Plans to install 10,000 EV charging stations by 2030 across retail parks and hospitality locations in partnership with Tritium and Greene King.
• Billown Solar Farm 27MW solar farm with 24MW battery storage facility on the Isle of Man supplying renewable electricity to Isle of Man residents and businesses, enabling electricity storage and grid balancing. £30 million investment over 40-year project life.
• Land Development Opportunities Development and sale/lease of land opportunities to companies looking to deploy innovative energy and waste management technology. Land opportunities include Protos (54ha), Arpley Landfill (c.256ha), Astley Moss Quarry (130ha), Peaksnook, Bilsthorpe Energy Centre, and Thelwall for industrial, logistics, and energy uses.

Quantifiable outcome

• Nearly 69,000 tonnes of carbon saved over 40 years from Glasgow Waters heat network
• +9 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

21 partnerships are on record, tiered core and minor.

• Cubico Sustainable InvestmentscoreStrategic or Co-development Partner · 1 January 2021Peel NRE and Cubico formed a strategic joint venture partnership in 2021 to develop more onshore wind and solar photovoltaic projects across the UK, targeting 500MW+ total capacity. Peel Cubico Investments originated, developed and operated renewable energy projects combining grid scale and private wire developments. Following successful partnership, Cubico acquired Peel NRE's investment and the joint venture's development pipeline.
• Vital EnergicoreImplementation/ SI/ Consulting PartnerVital Energi awarded Design, Build, Operate and Maintain (DBOM) contract for the first phase of Mersey Heat district heating network at Liverpool Waters. Also building the Mersey Heat Energy Centre including installation of water source heat pump.
• Star Refrigeration LtdcoreTechnology or IntegrationStar Refrigeration Ltd providing £2.5m water source heat pump to the Mersey Heat Energy Centre at Liverpool Waters. The pump, manufactured in Glasgow, uses technology to extract heat from the Leeds Liverpool Canal, providing low carbon energy to thousands of homes and businesses. Heat pumps manufactured in the UK and capable of reducing connected building carbon footprint by around 75%.
• CDEcoreTechnology or IntegrationCDE, a leading supplier of sand and aggregate wet processing solutions, designed and engineered a C&D waste recycling plant for Peel NRE at Port Salford. The plant has capacity to produce up to 240,000 tonnes of secondary raw materials per year. CDE's wet processing technology transforms construction and demolition waste into recycled sand and aggregate products supporting the circular economy.
• UK Power ReserveminorStrategic or Co-development PartnerPeel NRE provided land for 11 one-acre sites across the UK for UK Power Reserve to build power generation and storage facilities supporting National Grid. Peel NRE also identified and purchased third-party sites for UK Power Reserve to develop more energy facilities. Each site has standby supply of approximately 20MW.
• Ener-VatecoreOEM/ Whitelabel/ Licensing PartnerEner-Vate, a market-leading commercial consultancy for low-carbon district heating and large-scale energy infrastructure, became part of the Peel Group's Natural Resources portfolio in 2020. Ener-Vate spearheads groundbreaking district heating projects across the UK, manages Mersey Heat, and supports Peel NRE's own schemes from feasibility through to operation.
• L&Q EnergyminorChannel Partner/ Reseller/ DistributorEner-Vate's Head of EAMS previously worked as District Heat Project Manager at L&Q Energy on the Barking Riverside London project, a joint venture with the Mayor of London providing low carbon heat for around 10,000 homes.
• TritiumcoreTechnology or IntegrationTritium, global leader in DC fast chargers for EVs, became evyve's preferred fast charger technology provider. evyve placed initial orders for 350 Tritium fast chargers as part of plans to install 10,000 EV charging stations by 2030. Tritium's compact and modular chargers enable rapid rollout across multiple locations.
• Greene KingminorGTM or Marketing PartnerGreene King, the UK's leading pub retailer and brewer operating 2,700+ pubs, restaurants and hotels across England, Scotland and Wales, is partnering with evyve to host EV charging facilities at their locations, building a customer network for the charging infrastructure.
• NorthstonecoreStrategic or Co-development PartnerNorthstone, Peel L&P's homebuilder, is delivering residential development at Fiddler's Ferry as part of the 10-15 year masterplan, providing new homes as well as sustainable communities alongside industrial and logistics space.
• PLP (Ports and Logistics)coreStrategic or Co-development PartnerPLP, specialist UK logistics development business, is partnering with Peel NRE on Fiddler's Ferry redevelopment to deliver industrial and logistics space across the 820-acre former power station site.
• Warrington Council and Halton CouncilcoreStrategic or Co-development PartnerPeel NRE is working in partnership with Warrington Council and Halton Council on the regeneration of the 820-acre Fiddler's Ferry site through a 10 to 15-year mixed-use masterplan, coordinating the regeneration of one of the largest brownfield sites in the country.
• PP O'Connor LtdminorImplementation/ SI/ Consulting PartnerPP O'Connor Ltd appointed for demolition work at Fiddler's Ferry Power Station. First phase demolition commenced January 2024 with full demolition expected to complete by 2026.
• Hickman Shearer and CA Global PartnersminorChannel Partner/ Reseller/ DistributorSpecialist auctioneers commissioned by Peel NRE to sell second-hand equipment and assets from the decommissioned Fiddler's Ferry Power Station, supporting the circular economy through equipment repurposing and redistribution across industries.
• Net Zero North WestcoreStrategic or Co-development PartnerPeel NRE is a founding member and consortium partner in Net Zero North West, which published the North West Cluster Plan setting out a £30bn pipeline of live investable projects with the opportunity for £207bn investment to deliver the UK's first zero carbon industrial cluster by 2040. The cluster plan was developed with UKRI funding.
• HyNet North WestcoreStrategic or Co-development PartnerHyNet North West is the UK's most advanced hydrogen and carbon capture project. Protos at Ellesmere Port is part of the HyNet footprint and is planned as a carbon capture ready destination with a local CO2 pipeline spur connecting into the HyNet CO2 pipeline for storage in Liverpool Bay. HyNet can meet 4GW of the government's 10GW hydrogen target by 2030.
• EnicoreStrategic or Co-development PartnerEni was granted development consent order by the UK Secretary of State for the HyNet Carbon Dioxide Pipeline to transport CO2 from hydrogen production sites and industrial facilities for offshore storage in Liverpool Bay. Peel NRE has plans for a local CO2 spur pipeline connecting Protos developments to the HyNet CO2 infrastructure.
• EncyclisminorStrategic or Co-development PartnerEncyclis is developing a Carbon Capture and Storage facility at the Protos Energy Recovery Facility and has signed a Statement of Principles with DESNZ formalising commercial basis for development. The plant aims to capture an estimated 350,000 tonnes of CO2 annually.
• Evero (Ince Bio Power)minorStrategic or Co-development PartnerEvero's waste wood to energy facility at Protos will have a direct line to HyNet to support their Greenhouse Gas Removal project, removing 220,000 tons of CO2 from the atmosphere per year once operational by 2030.
• Cross Harbour PropertiesminorChannel Partner/ Reseller/ DistributorCross Harbour Properties owns Stanley Dock area including the Titanic Hotel and Stanley Tobacco Warehouse development, which will connect to the Mersey Heat district heating network as part of phase two.
• Salford City CouncilcoreStrategic or Co-development PartnerPeel in partnership with Salford City Council is developing the £138 million Port Salford tri-modal freight facility — the UK's first inland tri-modal port to be served by ship, rail and road — to build supply chain resilience for businesses throughout the North West.

Scale indicators43 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Veolia UK: One of the UK's largest waste management and circular economy operators, operating C&D recycling, materials recovery facilities and EfW plants. Directly comparable to Peel NRE's NRE Aggregates (C&D recycling) and Plastic Park, though Veolia operates a far larger waste portfolio across the UK.
• SSE plc: Major UK-listed utility with renewables, heat networks and thermal generation; SSE Thermal previously owned the Fiddler's Ferry site acquired by Peel NRE in 2022. Comparable to Peel NRE in low-carbon infrastructure and EfW replacement strategy, with SSE operating at materially larger scale.
• ENGIE UK: Major UK/Ireland incumbent energy and services player operating district heating, renewable generation, district energy ESCos and energy-from-waste assets. Comparable to Peel NRE across heat networks, EfW and decentralised energy, though ENGIE operates a much broader portfolio and is not niche to UK clean-growth infrastructure.
• RWE Renewables UK: UK subsidiary of RWE with a large pipeline of onshore wind, offshore wind and solar PV development projects. Comparable to Peel NRE in onshore wind delivery and project origination (Peel NRE has 180MW+ onshore wind delivered), although RWE operates at materially larger scale and generation mix.
• Iberdrola / ScottishPower: Global renewable developer via UK-listed ScottishPower Renewables with large-scale onshore wind and solar PV deployment across the UK. Comparable to Peel NRE's onshore wind and solar PV origination/development model; Iberdrola operates at vastly larger scale and more diversified geography.
• Equitix: UK-based infrastructure investment and asset manager with a strong portfolio of district heat network investments and long-term concessions. Comparable to Peel NRE's institutional funding model (Merseyside Pension Fund Catalyst) and to long-duration heat-network revenue streams, although Equitix operates as an investor/operator rather than developer.
• Vattenfall Heat UK: UK arm of Swedish utility Vattenfall with district heating operations and large-scale renewable development projects. Comparable in low-carbon heat network delivery and renewables, although Vattenfall's UK heat presence is more limited and focused on specific municipal concessions.

Direct peers

• CDE Global: Northern Ireland-headquartered global supplier of wet processing and C&D waste recycling plants; engineered Peel NRE's 240,000 tpa NRE Aggregates plant at Port Salford. Direct peer in C&D recycling technology deployment and serves the same construction/circular-economy customer base.
• Vital Energi: One of the UK's largest district heat network operators and a direct competitor in low-carbon heat delivery to housing developers and local authorities. Vital Energi is also Peel NRE's DBOM partner on Mersey Heat, illustrating the close overlap in customers, technology stack and project pipeline.
• Powerhouse Energy Group plc: AIM-listed developer of plastic-to-hydrogen technology whose proprietary process is being deployed at Peel NRE's Protos site in the UK's first commercial plastic-to-hydrogen facility. Direct peer on the circular-economy/innovative-technology axis and explicit technology deployment partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peel NRE