Our history

Our short history is one of rapid but sustainable growth.

Conrad Energy was set up as a flexible energy generator in 2016, helping to balance the grid when renewables can’t meet demand. Our drive to do this in a more environmentally friendly way has led to huge investment in new, greener technologies such as batteries and in software to make processes more efficient – saving money and reducing carbon.

We began working with business customers in 2019, buying and selling energy and we set about developing and acquiring our own renewable generation assets – including our first solar farm – in early 2023. In less than a decade and driven by transformational technology, we have become a leading Independent Power Producer (IPP) and the UK’s number one flexible energy provider.

Everyone at Conrad Energy is proud to be facilitating an efficient and reliable transition to greener energy, powering a changing world as we fast forward to net zero.

Conrad Energy – powering ahead

Conrad Energy logo

2016

Conrad Energy founded

I Squared Capital logo

2017

ISQ become principal investor with £150M of seed capital

Flexible generation site

2018

Complete first site acquisition

Screen showing graphs and data illustrating the Capacity Market auctions

First development sites pre-qualified for Capacity Market auctions

Flexible generation site nearing the end of construction

Acquired our first shovel-ready project to export electricity at Chatterley Whitfield

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Couple in kitchen during the evening using electricity supplied by National Grid

First site bid into National Grid STOR programme

Worker in a data centre - a commercial high energy user

2019

Electricity Supply Licence received

Worker inspecting equipment onsite

First site commissioned

Aerial shot of Calne flexible generation site as crane places assets during construction.

First organic project to be originated, developed and constructed goes live at Calne

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Team looking at array of trading desk screens

2020

Trading desk live

Flexible generation site showing alley view between assets.

Acquisition of Viridis Power creates the largest flexible generation platform in the UK

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Three women smiling at the camera

2021

Conrad Energy Community Fund established

Aerial view of Flitwick BESS site next to substation.

Acquisition of Conrad Energy’s first operational Battery Energy Storage System at Flitwick

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Render of GE's battery energy storage asset, including internal cutaway

Sign 104MWh battery energy storage order with GE Renewable Energy

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Family sat on sofa during the evening watching TV

2022

Award of 2 Pathfinder 3 contracts by NGESO for grid stability services (10 year term)

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TGG Solutions logo

Acquisition of TGG Solutions

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Render of Tesla Megapack batteries

Sign deal with Tesla to purchase Megapack batteries

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View across fields to substation

Planning permission for first solar farm obtained at Larport

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Three flexible generation assets at sunset

Acquisition of AGR Triplepoint assets – 9 sites, 65.5MW

Steven Hardman, CEO, Conrad Energy receiving Silver Armed Forces award from His Majesty's Lord Lieutenant, Nigel Atkinson. Image credit: Kevin Poolman Photography

2023

Achieved Silver Armed Forces award

BNP Paribas team with George Hall and Tim Foster on site.

Significant corporate PPA deal with BNP Paribas signed

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Aerial view of synchronous condenser construction.

Construction begins at Walpole and Eye on Pathfinder projects

Battery energy storage units shot from below with a sky background

First self-built battery storage projects energised at Blackpool and Winchester

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Harlequins men's team in circle, showing Conrad Energy's logo on player's sleeve

Conrad Energy become Official Power Partner and Official Sleeve Sponsor of Harlequins

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Renewable energy: wind

2024

Match+ – market-leading, green energy product launched

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Aerial of Larport Solar Farm

45MWp solar farm at Larport goes live

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Damian Darragh, Chairman of Conrad Energy and Olivia He, Chief Investment Officer at KX Power signing documents

80MW/160MWh optimisation contract signed with KX Power

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