Acquisition of Ixora Energy Ltd
ENGIE are excited to announce the acquisition of Ixora Energy Ltd, a global leader in renewable energy, from Downing LLP.
We welcome Ixora Energy Limited to the ENGIE Group.
Ixora operates three plants in the South West. Gorst Energy in Clyst St Mary, on the outskirts of Exeter, Condate Biogas in South Molton and Sustainable Energy Generation in Somerset.
Using high quality AD technology, Ixora processes energy crops, agricultural waste and animal manures to produce biogas which is used to generate renewable electricity or gas. This renewable energy is injected into the gas and electricity grid, serving thousands of homes local to each plant. For more information, visit https://ixoraenergy.co.uk/
Anne-Laure Chassanite and Stuart Rennie visited Ixora’s 3 biogas sites and met with the team. Storengy UK and Ixora have a lot in common. We are both committed to reaching our group net zero targets by 2045. Storengy UK’s ambition is to be a carbon neutral business by 2025 and we hope to share our experiences not only in this area but also our strong safety cultures, technical competences, and our joint responsibility to our community.
The acquisition of Ixora Ltd demonstrates ENGIE’s belief in a diversified energy mix for a reliable and affordable energy transition. It also shows our commitment to help shape the UK and Europe’s path to decarbonisation. With our substantial investments and strategic focus on renewable gases, ENGIE is poised to support the UK’s energy transition goals. We have a long-term vision to cultivate innovation and progress, while strongly supporting local communities.
Our aim is to act as a champion of zero carbon energies that have a positive impact on people and the planet. We are proud to be working alongside the team at Ixora in achieving this bright future.
Anne-Laure Chassanite Managing Director