Eneco UK to Refocus on Products and Services - New UK Director announced

The next wave of growth for the Eneco UK business is expected to come from innovative products and services related to the already established asset base. This is in line with Eneco’s group strategy which will focus more on ‘energy as a service’ for retail and business customers, without ruling out further growth of the renewable asset base where suitable. This is a natural time for a change in country direction, with a view to stimulating growth in platforms and services for customers, together with selected partners.

Current country director Guy Madgwick has decided to take this moment to step down to determine his next career challenge and utilise his 25 years of experience in the power industry. He states:

‘I achieved much of what I set out to achieve back in 2008 by negotiating and building out a strong asset base for the business, establishing Eneco as a name in the UK and creating a platform for growth that allows the company to now develop the central strategy of sustainable energy for everybody. I feel proud of these achievements and the way the team has worked strongly with our Dutch and Belgium colleagues. I wish the business well and am confident that my successor will lead Eneco UK successfully into the new phase.’

Zoisa Walton will take up the role of country director on January 1st having been Guy’s long term deputy. Zoisa is ideally placed to further the UK ambitions into products and services with her background in corporate communications and business development. The Board of Directors of Eneco Group looks forward to working with her and her team to build on the success of the last 7 years.

The Eneco UK business was founded in 2008 with Guy Madgwick as the country director. Since then the business has seen high asset growth and major investments of close to £300 mln. Today the UK activities include more than 200 MW of operational windfarms in Scotland, a 10MW solar scheme that supplies Honda of the UK Manufacturing Ltd (HUM) near Swindon, and green energy supply contracts with blue chip companies such as Heineken, AkzoNobel and Unilever.

The Board sincerely wishes to thank Guy for his time as UK country director and for all the growth that has been achieved under his management, as well as for his broader contribution to Eneco Group in its international ambitions. We wish him well in his future career and look forward to maintaining a strong relationship with him.

Notes to editors

About Eneco:

Eneco Group (http://corporatenl.eneco.nl) applies an integrated distribution strategy and specialises in the production, transmission, trading, supply and metering of energy (electricity, gas and heat) and related products and services. Eneco is making a transition to becoming a sustainable energy company and will make substantial investments in the area of sustainable energy during the coming years. Eneco develops sustainable projects working on wind power, solar power, biomass and heat. In total, the company serves approximately two million business and domestic customers. Eneco Group employs 7,000 people (6,300 FTEs). The company’s head office is located in Rotterdam.

About Eneco Wind UK Ltd:

Eneco UK (www.eneco.co.uk) is based in Warwick. The UK wind portfolio includes Scottish onshore projects: Tullo and Twinshiels Wind Farms, fully operational with a combined generating capacity of 42MW, located in Laurencekirk, Aberdeenshire; Burn of Whilk Wind Farm (22.5MW) located west of Wick, Caithness – fully operational; Moy Wind Farm (60MW) in The Highlands – currently under construction; Lochluichart Wind Farm (69MW) in The Highlands – fully operational and Macritch Hill, a proposed 54MW wind farm located in Angus that is being developed in partnership with Scottish Water. In November 2013, the company acquired its first solar project in the UK - the 10MW Sevor Solar Farm near South Marston, Swindon.