Daniel Green (English businessman)

Daniel Green
Born October 1966 (age 5152)
Ilford, East London
Residence North London
Nationality British
Education Leeds Grammar
Occupation Businessman
Entrepreneur
Known for Brand Centre, Sky Retail and HomeSun

Daniel Green (born October 1966) is an English businessman, best known for his contribution to the UK retail industry and for pioneering over £1 billion worth of solar energy to UK households, following legal battles with the Government to remove the feed-in tariff scheme. Green was a financial supporter of Theresa May's prime ministerial campaign.

Green was the founder of discount retailer Brand Centre which was sold to Moss Bros Group in 1999. In 2006, Green sold his retail kiosk business to Sky plc for in excess of £25 million, and HomeSun Ltd, a solar distribution company, to Aviva Investors in 2012 for £100 million.

Business career

Green opened the first official Brand Centre in Enfield, North London, now Matalan. The departmental store offered designer clothing for men, women and children sold at a discount. The Enfield store was the first in Britain to have a "Men's Creche"[1] where men could sit, read magazines and watch football. Further stores were opened in Uxbridge and Manchester before the brand being sold to Moss Bros in 1999 for an estimated £2 million.

In 2001 he founded You Me TV [2], a retail business which advised on TV, Phone and internet packages. This was acquired by Sky in 2006 and Daniel became CEO of Sky Retail.

In 2010, Green teamed up with Eversheds law firm to capitalise on a new Government scheme to provide free solar to homes. The Government feed-in tariff scheme was brought in by Ed Miliband, in charge of DECC at the time and allowed HomeSun to give away over £1 billion worth of solar power to households.[3] With partners Sue Welland and Bill Sneyd, HomeSun became the largest residential renewable business in Europe, making over 7,000 home installations, equivalent to 30 MW and was subsequently purchased by Aviva Investors in 2012 for £100 million.[4]

Post 2012, Green has invested in a number of businesses including FlowGem, which he founded in 2015, IoT patent pending self-installed water leak detector, sold to Centrica plc in excess of £13 million in 2016.[5]

In 2018, Green became the CEO of NeoCam.

In late 2011, the Government decided to slash the solar feed-in tariff and a further 50% reduction in payments to households and communities generating electricity through solar power. Green and his company HomeSun engaged in a legal battle with the Government known as the "Friends of the Earth Case." The Government appealed numerous times and lost their bid.[6] The Government's further appeal in The Supreme Court was also rejected and known as one of fastest cases in history, after being resolved through the British courts in three months. The Ministers of DECC, Chris Huhne and Greg Barker were forced to re-open the solar feed-in tariff for a future period.[7][8]

Other roles

Green acts as the chairman of Kisharon, a charity for disabled children.[9][10]

Green is on the board of 3 schools, including Hasmonean High School [11], which has been ranked by the Sunday Times as the performing non-selective comprehensive school in the UK [12] and a trustee of Ner Yisrael,[13] a community learning initiative.

Green is a member of the Conservative Leaders Group and was part of the small group that financially supported Theresa May's campaign to be Prime Minister.[14] In 2015 he was made a Crown Representative for the Cabinet Office,[15] in a non-paid role, helping the Government with commercial relationships with third parties.

Awards

Green won Company magazine's "Most Eligible Bachelor of the Year 1990".[16]

References

  1. "Brand New Heavy". The Independent. Retrieved 1 November 2016.
  2. "Viewers'unaware of analogue end'". BBC News. Retrieved 19 June 2018.
  3. "Energy Firm's £1bn Solar Power Giveaway". Sky. Retrieved 1 November 2016.
  4. "Insurance Giant Aviva Acquires £100 Million Solar Portfolio". Invezz. Retrieved 1 November 2016.
  5. "FlowGem acquired by British Gas parent". Business Quarter. Retrieved 1 November 2016.
  6. "Government cut to solar tariffs blocked as appeal fails". BBC News. Retrieved 1 November 2016.
  7. "Victory as judges force U-turn over solar panel cash". Daily Express. Retrieved 1 November 2016.
  8. "Solar subsidies cuts: UK government loses court appeal". The Guardian. Retrieved 1 November 2016.
  9. "Victory as judges force U-turn over solar panel cash". Daily Express. Retrieved 1 November 2016.
  10. "Kisharon Benefactors". Kisharon. Retrieved 13 June 2018.
  11. "Hasmonean High School Governing Body". Hasmonean. Retrieved 13 June 2018.
  12. "A comprehensive leap of faith". The Times. Retrieved 13 June 2018.
  13. "Who's Who". Nery Israel. Retrieved 13 June 2018. .
  14. "Theresa May raised £275,000 for her leadership campaign and even got cash from donors nominated for gongs by David Cameron - who has himself declared £37,100 in FREE rent". Daily Mail. Retrieved 1 November 2016.
  15. "Crown Representatives and Strategic Suppliers (May 2016)". Gov.uk. Retrieved 2 November 2016.
  16. "Brand new heavy". The Independent. Retrieved 2 November 2016.
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