Stobart Energy

Stobart Biomass Holdings Ltd (trading as Stobart Energy and formerly Stobart Biomass) is the largest supplier of biomass fuel in the United Kingdom. Stobart Energy comes under the Energy division of the Stobart Group.

Stobart Biomass Holdings Ltd
Private limited company
IndustryBiomass fuel supplying
Founded2010
FounderAndrew Tinkler
HeadquartersCarlisle, Cumbria, England
Area served
United Kingdom
Key people
Warwick Brady
(Chief Executive Officer)
ParentStobart Group
Subsidiaries
  • Stobart Biomass Products Ltd
  • Stobart Biomass Transport Ltd
Websitewww.stobartenergy.com

History

The original company

On 24 March 2010, the Stobart Group announced the purchase of 50% of A. W. Jenkinson Biomass Ltd, from A. W. Jenkinson Forest Products, for £30 million, as an equal mix of cash and shares. A. W. Jenkinson Biomass Ltd was then renamed Stobart Biomass Products Ltd. Stobart Biomass transports sustainable wood products for use in low-carbon emission power plants, producing electricity at both large and small scale power plants, including for export.[1] The Stobart Group announced in 2011 that it was buying the remaining 50% of Stobart Biomass Products it did not already own for £20 million.[2]

Stobart Energy

Following Stobart Group's partial realisation of its Transport and Distribution division, Stobart Group decided to invest £55 million of the proceeds to expand its Biomass division into Green Energy, thus changing the division's name to Stobart Energy in the process.[3]

Operations

Stobart Energy is the UK's largest supplier of biomass fuel. The company operates six wood management sites supplying 2 million tonnes of biomass per year via 135 walking floor trailers.

  • Stobart Biomass Scania R480 "Evie Sophia" lorry

See also

References
  1. "AW Jenkinson and Stobart Group secure £5m deal with BSW Timber". Commercial Motor. 22 June 2010. Retrieved 14 April 2012.
  2. "Stobarts' buyback plans no transport of delight for confused investors". The Telegraph. 4 May 2011. Retrieved 14 April 2012.
  3. "Stobart family gets back behind the wheel of famous lorry company". The Guardian. 6 March 2014. Retrieved 1 June 2017.
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