Biosus Energy, a prominent net-zero transition partner, today announced a significant expansion of its renewable energy assets and services for commercial businesses, following a £3.2 million funding injection from HSBC UK. This strategic investment will enable Biosus Energy to acquire 14 advanced combined heat and power (CHP) generators, substantially enhancing its capacity to deliver sustainable energy solutions across the UK.
The new state-of-the-art CHP generators, developed and to be operated by Ecogenesis Ltd – part of the Biosus Energy Holdings group – will convert sustainable wood into heat and power. This cutting-edge technology will provide crucial base power to the UK national grid, contributing to its green energy infrastructure. Beyond energy generation, the systems will also produce valuable byproducts, including wood chips and biochar, which can be sold to improve soil composition and support a robust circular economy.
This expansion is set to create six new jobs across Scotland, with opportunities in South Lanarkshire and Aberdeen. The investment will also stimulate local spending around the operational sites, providing a significant boost to regional economies and fostering the development of green skills.
Biosus Energy currently offers comprehensive advisory and installation services, including solar power solutions and wind turbines, helping large-scale enterprises like whisky distilleries and manufacturing plants transition to sustainable energy. The company’s unique, fully-funded model removes upfront capital requirements for clients, eliminating financial barriers to renewable energy adoption. With the addition of biomass-based CHP systems, Biosus Energy further diversifies its portfolio of green energy offerings.
Garth Way, Co-founder at Biosus Energy, commented on the development: “This is an exciting period of growth for Biosus Energy. The funding from HSBC UK is instrumental in supporting our plans to double our turnover and create up to six new jobs. We deeply value HSBC UK’s expertise and unwavering support; they have been a critical partner in reaching this stage of our business development.”
Tim Laundon, Relationship Director at HSBC UK, added: “We are delighted to continue our support for Biosus Energy and its vital mission to guide companies through the green energy transition. We eagerly anticipate Biosus embarking on this new chapter, leveraging this investment to provide even more impactful services to its clients.”
