BasePower
BasePower designs, finances, and operates on-site Combined Heat and Power (CHP) and trigeneration energy centres for UK industrial manufacturers and property developers, delivering energy savings of approximately 15% versus grid cost under long-term Power Purchase Agreements.
- Company typePrivate
- Founded2014
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
What BasePower does
BasePower is a UK-based energy services company founded in 2014 that designs, develops, finances, and operates on-site Combined Heat and Power (CHP) and trigeneration systems for energy-intensive industrial and property customers. Core technology centres on gas-fired CHP systems, typically sized at 2MW, that capture waste heat for industrial process heating and cooling via absorption chillers — what BasePower brands as trigeneration or Combined Cooling, Heat and Power (CCHP). The company integrates solar PV, battery storage, heat networks, and microgrids into unified energy centres, with a distinctive capability in grid constraint resolution: where national grid capacity is insufficient for new developments, BasePower builds energy centres that supplement the grid with equivalent redundancy, enabling projects to proceed during lengthy reinforcement programs.
BasePower's business model is a build-own-operate structure delivered through 9-year Power Purchase Agreements (PPAs). Under this model, BasePower funds the full capital expenditure for the energy centre and sells energy to the customer at approximately 15% below grid cost, capturing a spread on long-tenor contracted cash flows. A secondary Energy Performance Contract (EPC) model is offered to capital-rich customers, delivering 3-4 year paybacks on their direct investment. The company targets FTSE 250 industrial customers and major property developers across three primary verticals: logistics and real estate developers (including a strategic partnership with Tritax Symmetry covering 20+ logistics parks), energy-intensive manufacturers (food and beverage, automotive suppliers), and emerging data centre operators, with healthcare and public sector (NHS) as adjacent segments.
As of 2026, BasePower operates 47+ carbon-reducing projects across the UK with 72MW of solar PV installed or in development and more than 40 generation and micro-grid projects in development, construction, or operation. The company has delivered over 6 million kg of CO2 emissions avoidance since 2017, maintains ISO 14001, ISO 45001, and ISO 9001 certifications, and is funded in part by a £50 million five-year framework investment agreement with SDCL Energy Efficiency Income Trust (SEEIT) signed in 2021. Customers include Co-op, Plastic Omnium, Groupe Lactalis, Cranswick plc, NHS Foundation Trusts, and Tritax Symmetry.
BasePower firmographics
Firmographics- Name
- BasePower
- Legal name
- BasePower Limited
- Website
- https://basepower.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- BasePower designs, finances, and operates on-site Combined Heat and Power (CHP) and trigeneration energy centres for UK industrial manufacturers and property developers, delivering energy savings of approximately 15% versus grid cost under long-term Power Purchase Agreements.
- Ownership category
- akta.pro rank
Where BasePower is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
BasePower business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales
Revenue model
- Energy Efficiency Projects - Build-Own-Operate: BasePower develops, funds, builds, and operates on-site energy centers for customers. Projects are delivered under build-own-operate arrangements where BasePower provides full investment and customers receive energy at a discount to grid prices with no upfront capital expenditure required. Revenue is generated through long-term Power Purchase Agreements (typically 9 years) where customers pay for energy supplied at negotiated rates below grid cost.
- EPC Contract (Energy Performance Contract): For customers with available capital, BasePower offers Energy Performance Contract arrangements where the customer funds the energy center and BasePower develops, constructs, and operates it. This model delivers shorter paybacks (under 4 years) and customers benefit from their own capital deployment.
- Solar PV Installation and Operation: BasePower installs and operates solar PV systems, either standalone or as part of integrated energy center solutions, providing renewable electricity generation capacity.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Fully-Financed by BasePower |
| Outcome Based/ Performance | Multi-year contract | Customer-Funded (EPC Basis) |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
BasePower product offering
Product offeringCore offering
BasePower designs, develops, finances, builds and operates on-site Combined Heat and Power (CHP) and trigeneration (CCHP) energy centres for energy-intensive industrial, logistics and property customers in the UK. Solutions integrate CHP, absorption cooling, solar PV, battery storage, heat networks and microgrids into turnkey energy centres delivered under Build-Own-Operate Power Purchase Agreements or customer-funded Energy Performance Contracts. The offering also includes dedicated services to resolve UK grid capacity constraints, enabling logistics and industrial developments to proceed while network reinforcement is carried out.
Product overview
BasePower operates as an energy services company offering a integrated portfolio of on-site energy generation solutions. The core offering is Combined Heat and Power (CHP) systems, which can be extended with trigeneration (adding cooling via absorption chillers), Solar PV, battery storage, heat networks, and microgrids. All systems are managed through Energy Centres that BasePower designs, procures, builds, and operates. The company provides both fully-financed solutions (where BasePower funds projects) and customer-funded options, along with energy advisory services. The portfolio addresses grid constraints through dedicated navigation services and energy centres that supplement limited grid capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Combined Heat and Power (CHP) Energy Centres
- Trigeneration (CCHP) Systems
- Solar PV Installation and Operation
- Microgrid and Energy Centre Development (Symmetry Park Biggleswade)
- Energy Advisory and Consulting Services
- Grid Constraint Navigation Services
Quantifiable outcome
- 15% savings on grid cost of energy supplied for BasePower-funded projects
- +5 more outcomes
Companies that use BasePower
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
BasePower technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
BasePower partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Rolls-Royce (Power Systems division)coreRolls-Royce Power Systems installed mtu CHP systems, battery units and standby generators for the Symmetry Park Biggleswade energy centre project. Partnership for delivering integrated power solutions for logistics park developments.
- Northern Automotive AllianceminorBasePower joined the Northern Automotive Alliance to bring smart energy use and carbon reduction to the automotive industry, participating in industry events and networking with automotive manufacturers and suppliers.
- Clarke EnergycoreClarke Energy supplied and installed GE Jenbacher reciprocating gas engines for BasePower CHP projects, including 2MWe units for Plastic Omnium facilities. Clarke Energy is a specialist in distributed energy solutions and provides ongoing maintenance support.
- CarriercoreCarrier supplied absorption chillers for BasePower trigeneration projects, enabling combined cooling, heat and power (CCHP) systems that maximize energy efficiency for customers with cooling requirements.
- Bawtry Executive Search & SelectionminorExclusive recruitment partnership for senior hires including Head of Procurement & Operations role.
- Tritax Symmetry / Tritax Big BoxcoreStrategic partnership to deliver energy services strategy at over 20 logistics parks across the UK. BasePower provides grid constraint resolution and energy solutions enabling Tritax developments to proceed. Tritax and BasePower work in partnership to deliver greater energy resilience for occupiers and pathway to fully net zero carbon.
- Powersystems UKcorePowersystems UK served as principal contractor for high voltage (HV) electrical infrastructure at Symmetry Park Biggleswade, working end-to-end on the project from design through installation.
Scale indicators8 records
Recent moves3 records
Expansion highlights6 records
BasePower competitors and assessment
Company assessmentDirect peers
- Vital Energi: UK-based decentralised energy company that designs, builds, finances and operates district heating, CHP and energy centres for industrial, commercial and public-sector clients — the closest direct peer to BasePower's UK CHP/CCHP build-own-operate model.
- Ener-G: UK CHP, heat pump and renewables developer providing on-site energy generation to industrial and commercial clients under similar long-term funded structures, directly comparable to BasePower's customer-funded and BasePower-funded offerings.
- Dalkia (UK / EDF): Established CHP and district heat network developer/operator with a UK industrial customer base, offering integrated energy services that overlap directly with BasePower's CHP, trigeneration and heat-network portfolio.
Emerging players
- Hemiko: UK-focused low-carbon heat network and CHP developer building on-site heat and power infrastructure for industrial and commercial sites — a niche emerging competitor in the same BOOT-style heat and power space as BasePower.
- Clarke Energy: GE Jenbacher gas engine distributor and CHP system integrator across the UK, Ireland and beyond. Clarke Energy is also a BasePower technology partner, so overlaps in delivering CHP solutions to similar end customers.
Broad incumbents
- E.ON UK Business Solutions: E.ON's UK B2B arm offers CHP, heat networks and decentralised energy services to industrial and commercial customers; multiple BasePower executives previously held senior roles at E.ON, signalling direct overlap in product and customer approach.
- Aggreko: Global provider of temporary and permanent modular power, including on-site CHP and microgrid solutions for industrial clients. While primarily rental/temporary, it competes for on-site industrial power contracts similar to BasePower's BOOT model.
- Centrica Business Solutions: Centrica's B2B energy services arm delivering CHP, energy efficiency and on-site generation to UK industrial and commercial customers, overlapping BasePower's value proposition as part of a broader portfolio.
- ENGIE UK: Large multi-utility energy services provider in the UK offering CHP, decentralised energy, energy performance contracts and on-site generation to industrial customers, with significantly greater scale than BasePower.
- SSE Energy Solutions: Diversified UK energy solutions arm of SSE providing CHP, heat networks, district heating and decarbonisation services to industrial and public-sector clients — a much larger incumbent competing for the same on-site generation mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights8 records
Customer concentration
BasePower social profiles
Digital presenceBasePower compliance and trust
Trust signalCompliance3 records
BasePower financial estimates
Financial estimateRevenue estimate
Valuation estimate
BasePower leadership team
Management profileNumber of profiles
Profiles13 records
BasePower subsidiaries and ownership
Company hierarchySubsidiaries1 record
BasePower funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BasePower M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BasePower
What does BasePower do?
BasePower designs, develops, finances, builds and operates on-site Combined Heat and Power (CHP) and trigeneration (CCHP) energy centres for energy-intensive industrial, logistics and property customers in the UK. Solutions integrate CHP, absorption cooling, solar PV, battery storage, heat networks and microgrids into turnkey energy centres delivered under Build-Own-Operate Power Purchase Agreements or customer-funded Energy Performance Contracts. The offering also includes dedicated services to resolve UK grid capacity constraints, enabling logistics and industrial developments to proceed while network reinforcement is carried out.
Is BasePower a public or private company?
BasePower is a private company. It is classified as venture growth investor backed and is currently operating.
When was BasePower founded?
BasePower was founded in 2014. It employs 1 to 10 people.
Where is BasePower based?
BasePower is headquartered in London, United Kingdom, in the Europe region.
How does BasePower make money?
Three revenue lines are on record. Energy Efficiency Projects - Build-Own-Operate is the primary driver. The others are EPC Contract (Energy Performance Contract) and solar PV Installation and Operation.
Who are BasePower's main competitors?
Direct peers on record are Vital Energi, Ener-G and Dalkia (UK / EDF). Emerging players are Hemiko and Clarke Energy. Broad incumbents are E.ON UK Business Solutions, Aggreko, Centrica Business Solutions, ENGIE UK and SSE Energy Solutions.
Does BasePower have an API?
No public API is recorded for BasePower.