TTEP UK&I Investments Ltd was established in 2015 as an owner, operator, constructor and developer of power and energy assets. As one of the largest independent generators in the UK and Ireland, we dispatch a 6.2GW fleet of renewable and flexible power generation assets including Ballylumford, Corby, Kilroot, Tynagh, Langage, Lynemouth, and South Humber Bank. Our portfolio aims to ensure security of supply and advance the energy transition to a low carbon world.
TTEP UK&I is the UK and Ireland division of TTEP, a strategic and equal partnership between TotalEnergies and EPH active in the production of flexible energy. Headquartered in Amsterdam, the company operates 24 flexible energy and biomass plants in Italy, the United Kingdom, Ireland, the Netherlands and France with a total capacity of 14 GW installed and under construction.
Since launching, TTEP UK&I has made several acquisitions and now owns multiple renewable and flexible power generating assets in the UK and Ireland. These include Lynemouth Power, a market leading 400MW renewable biomass plant and 3.3GW of gas fired plants which provide flexible generation and services when wind is low: South Humber Bank, Langage, Ballylumford and Tynagh Energy. TTEP UK&I recently completed construction at Kilroot of a new 700MW gas fired station to replace the existing coal plant, and have a 350MW BESS (Battery Energy Storage System) under construction at Eggborough.
TTEP UK&I has grown rapidly to revenues ~£1.5bn and EBITDA >£200m. We pride ourselves on an entrepreneurial culture and flat leadership structure where individuals (wherever they are in the organisation) can make a real impact on our business.
Our aim is to enable the UK and Ireland low carbon transition through provision of flexible and reliable energy supply. To achieve this, we will:
- develop, construct and acquire the right assets to support the transformation of the energy system;
- invest in our people and our assets to best respond to the changing needs of our sector;
- continuously challenge ourselves to identify opportunities, build our knowledge and develop innovative solutions.
TTEP UK&I operate an asset base that covers multiple technologies across a range of revenue streams; these include fully merchant baseload and peaking plant and index traded baseload plants, providing a range of system services across the energy and balancing spectrum. Despite its significant market presence, TTEP UK&I has a flat structure with fast paced decision-making ability, enabling better optimisation of market positions. The market continues to evolve and develop as the UK and Irish governments drive towards Net Zero with increasing challenges of renewables penetration, introduction of hydrogen and other new technologies.