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SP Energy Networks

Better Future, Quicker

Founded 1947 United Kingdom Glasgow, United Kingdom 1906 employees Grant Total: $10.28M Energy

General Information

Company Name SP Energy Networks
Founded Year 1947
Location United Kingdom Glasgow, United Kingdom +1
Employees 1906
Industries Energy
Funding Stage Grant
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About SP Energy Networks

SP Energy Networks, with its slogan "Better Future, Quicker," is a prominent player in the Energy industry, specializing in the transmission, distribution, and connection of electricity across 3.5 million homes and businesses in the United Kingdom.

Founded in 1947, the company demonstrates significant geographical reach, operating extensively in urban hubs like Liverpool, Glasgow, and Edinburgh, along with vast rural areas such as North Wales and the Scottish Borders.

As a leading Distribution Network Operator (DNO) for renewable energy, SP Energy Networks boasts connections of around 7GW of renewable generation, highlighting its commitment to sustainable energy solutions.

The organization employs a dedicated workforce of 2,600 internal members and utilizes 2,500 contractors to ensure efficient network performance and customer service. The company's recent investment of £275.00K from Ofgem underscores investor confidence in its ongoing initiatives and capacity for growth.

Taxonomy: electricity transmission, electricity distribution, renewable energy integration, power station connections, low voltage transformation, electricity network maintenance, energy infrastructure, urban and rural reach, electrical network upgrades, distribution workforce, fault response, Distribution Network Operator (DNO), renewable generation connectivity, contractor management

Services & Products

Energy Supply
Power Cut Management
Network Connection Services
Customer Enquiry Support
Innovation in Energy Solutions

Target Customers

Vulnerable Customers General Public in Service Areas Corporate Clients Local Authorities

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 07 Mar 2024
Grant •••••• 1
Investor
04 Jul 2023

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FAQ About SP Energy Networks

Better Future, Quicker
SP Energy Networks was founded in 1947.
SP Energy Networks is headquartered in Glasgow, United Kingdom.
SP Energy Networks operates in the following industries: Energy.
SP Energy Networks has approximately 1906 employees.
SP Energy Networks has completed 2 funding rounds, raising a total of $10.28M. The latest funding stage is Grant.
SP Energy Networks offers: Energy Supply, Power Cut Management, Network Connection Services, Customer Enquiry Support, Innovation in Energy Solutions.
Top alternatives and competitors to SP Energy Networks include CitiPower and Powercor, ElectraNet Pty Ltd, Green Mountain Power, NRN - National Renewable Network, ESB Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SP Energy Networks and CitiPower and Powercor are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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