Powering the energy transition together: Next Energy joins DCC Energy to accerlate the UK’s journey towards net zero.

Next Energy is an energy efficiency and renewable energy services provider focused on the UK’s lower income households. Founded in 2016 and employing 120 people, Next Energy is a market-leading provider of retrofit energy transition solutions. The business supports domestic customers to improve the energy ratings of their houses. Next Energy has an addressable market of c.16m homes (more than half of the UK’s housing stock), of which up to c.14.5m have either full or partial Government funding for retrofit. Services include the installation of heating controls, insulation, rooftop solar, heat pumps and battery storage.

Next Energy accelerates DCC Energy’s Cleaner Energy in Your Power strategy for UK domestic customers, complementing existing capability. It follows the recent acquisitions of solar energy installer Centreco, Hafod Renewable Energy, Protech and DTGen, all in the UK.

DCC Energy acquired Next Energy for an initial enterprise value of approximately £90 million. The acquisition is expected to generate a mid-teen return on capital employed in the first year of ownership.

Plus Dane Housing Association