Zenobē Energy was established to enable the transition to full zero carbon, non-polluting power and transport systems. We provide solutions to fundamental problems that can be implemented at scale and make significant improvements to the environment and local communities.

We bring a track record of being first to market with innovative solutions for our customers. Zenobe is the first company to provide a full EV fleet solution for operators wanting to change from fossil fuel to electric emission free vehicles. We enable charging and provide financing solutions that remove the upfront capital cost from operators. Our innovative end to end solution means that today we serve c. 20% of the UK bus market.

Other innovations include being the first battery operator in the UK’s Fast Reserve market, the first to participate in providing reactive power for the National Grid and UKPN Power Potential pilot and the first to raise non-recourse senior debt on batteries to lower costs for customers.

We aim to be the first choice for energy-intensive businesses who want to transform their use of power.

Our proprietary software and hardware systems enable us to integrate different assets and operating models to provide lower costs and enhanced resilience to our customers. We also improve returns for customers who own their own generation assets.

Zenobe aims to be the first choice for energy-intensive businesses who want to transform their use of power. Today we have 170MW of grid scale batteries in operation or construction across the UK, including the largest BYD and Tesla installations in the UK. We also own batteries providing flexible power solutions to bus operators and have a pipeline of projects in the UK and abroad.

In 2020, Zenobe acquired a £150m investment from Infracapital of M&G Investments to support the company’s continuing expansion into green, clean electric buses and grid-scale batteries across the UK and beyond. Additionally, Zenobe is backed by other leading strategic investors in energy storage with £25m of equity from JERA Storage BV, a joint venture from Japanese energy giants Tepco and Chubu; the first non-recourse debt facility against battery storage projects from Santander Group (£25m), completed in 2019; and receivables financing from NatWest Group (£20m) in June 2020, to support Zenobe’s EV fleet business. Our strong capital and knowledge base, as well as access to a global supply chain, means we are uniquely positioned to meet customer demands with innovative solutions.

Contact

Zenobe Energy prides itself on developing intelligent energy storage solutions for all our clients and would welcome the opportunity to show you how we can help. Please contact us on the details below.

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The board

Headshot of Steve Holliday

Steve Holliday

Non-executive Chairman

Steve Holliday is the former Chief Executive of National Grid plc. He is Chairman of Zenobe, President of the Energy Institute and Chairman of the Board of Trustees at Crisis, the homeless charity. He volunteers his time as Vice Chairman of the Careers and Enterprise Company, Vice Chairman of Business in the Community and Chairman of Black Stork.

Steve joined National Grid Group as the Board Director responsible for the UK and Europe in March 2001, becoming Chief Executive of the company in January 2007, which he led for almost 10 years, until 2016.

Prior to joining National Grid, he was on the Board of British Borneo Oil and Gas and was responsible for the successful development of its international businesses in Brazil, Australia and West Africa. Steve spent much of his early career with Exxon, where he held senior roles in refining, shipping and international gas.

Steve is a Fellow of both the Royal Academy of Engineering and the Energy Institute. From 2012 to 2014 he was also appointed as a National Ambassador for HRH The Prince of Wales and served as lead Non-Executive director with DEFRA from 2016 until the end of 2017. Steve served on the board of Marks & Spencer as Independent Non-Executive director from 2004 – 2014, as Deputy Chair at Convatec from 2016-19.

Steve holds a BSc degree from Nottingham University and honorary doctorates from Nottingham and Strathclyde universities. His sporting interests include cycling and following the fortunes of the England Rugby team.

Headshot of Nicholas Beatty

Nicholas Beatty

Founder Director

Nicholas has over 25 years of experience in Corporate Finance and extensive experience in the energy sector, both in an advisory capacity and as an investor in a number of solar projects across the UK.

Nicholas started his career at Hambros Bank, where he was made a director of the corporate finance department, a position he held until leaving for BNP in 1998, where he established the corporate finance business for BNP in London. He was appointed head of BNP Paribas Corporate Finance in the UK after the merger of BNP and Paribas in 2000. BNP Paribas corporate finance provided advice to a wide range of companies on transactions and funding including leading utilities, commercial and industrial companies and also worked with leading private equity firms across Europe. After leaving BNPP, Nicholas held several consultancy mandates in the infrastructure, energy, utilities and transportation sectors.

Headshot of James Basden

James Basden

Founder Director

James has spent over 20 years advising the Boards of major power and gas companies, as well as large infrastructure funds, in the UK, Europe and the US. Prior to Zenobe Energy, he was a partner at Oliver Wyman where he led the Global Utilities and Infrastructure practice between 2013 – 2018.

In 1999 James co-founded Corven Group, a consulting and private equity group with offices in London, Boston, Chicago and Houston. Corven Consulting, which focused on the European and US Energy sector and had over 100 professional staff, was sold to Oliver Wyman in 2013. Prior to Corven, James held a number of roles, including managing the turnaround of Lotus Cars.

James is a trustee of Turners Court Youth Trust, a charity focused on helping disadvantaged children. He holds an MBA from London Business School and a B.A. Honours degree from Durham University.

Headshot of Steven Meersman

Steven Meersman

Founder Director

Steven has extensive experience in the Energy Sector. Prior to Zenobe Energy, Steven held the position of Deals Desk Manager for Puma Energy at Trafigura, where he worked from 2013 – 2015. From 2010 – 2013 he worked at Oliver Wyman after joining from AES Energy Storage, where he was a Business Development and Technical Analyst.

Steven has an MBA from Carnegie Mellon University. He also holds a BSc and an MSc in Electromechanical Engineering from De Nayer Instituut in Belgium.

Headshot of Alessandro Boninsegna

Alessandro Boninsegna

Non-Executive Director

Alessandro is Managing Director and a founding member of Tiger Infrastructure Partners LP and previously of Lehman Brothers Infrastructure Private Equity Team. Before Lehman Brothers Private Equity Team, Alessandro spent eleven years as a member of Lehman Brothers Merchant Banking, where he managed Lehman Brothers’ middle-market private equity funds. During this time, he also established and served on the investment board of Italian infrastructure private equity firm, F2i. Prior to his time at Lehman Brothers, Alessandro worked as a Management Consultant for Bain & Co. and, before that, as a Public Accountant at Haarmann Hemmelrath.

Alessandro currently holds positions on the boards of several Tiger Infrastructure investee companies. He holds a degree in Business Administration, magna cum laude, from Bocconi University, part of which he earnt at New York University Stern School of Business.

Ed Clarke

Non-Executive Director

Ed Clarke co-founded Infracapital with Martin Lennon, and has over 32 years of infrastructure, project finance and investment experience.

Ed joined the Project & Infrastructure Finance business at M&G in 2001 to build out the infrastructure equity investment side of the business with Martin.  Ed also worked on the establishment of the Innisfree M&G PPP Fund (“IMPPP”) in 2002 and continues to sit on the Investment & Steering Committee of IMPPP.  Prior to joining M&G, Ed worked at Societe Generale where he was responsible for structuring and arranging capital markets issue to fund infrastructure projects. Before this, Ed was a leading member of the Hambros Bank infrastructure advisory team where he also set up their infrastructure advisory business in South Africa.

Ed holds an MA from Edinburgh University and is authorised to undertake investment activities by M&G under the Certification Regime.

Andy Matthews

Non-Executive Director

Andy Matthews joined Infracapital in 2015 to lead its greenfield infrastructure investment activities. Andy has over 34 years’ of infrastructure financing, development and asset management experience.

Prior to joining Infracapital, Andy was a Partner in 3i plc’s infrastructure team. He was responsible for origination in greenfield and brownfield PPP, renewable energy and core infrastructure sectors. Andy transferred to 3i plc following their acquisition of Barclays Infrastructure Funds Management, where he was the Managing Director and Chief Investment Officer. Before joining Barclays, Andy worked in infrastructure development roles at John Laing and Alfred McAlpine.

Andy holds an MBA from Manchester Business School and graduated from Nottingham Trent University with a BSc (Hons) in Quantity Surveying. He is a Fellow of the Royal Institute of Chartered Surveyors, the Chartered Institute of Arbitrators and was a Member of the Advisory Board of Association of Consultants and Engineers from 2005 to 2011.

Lorenzo Cannizzo

Non-Executive Director

Lorenzo joined Infracapital in 2020 from 3i Infrastructure Plc where he was a Director managing the fund’s portfolio investments across Continental Europe including transport, utilities and social infrastructure assets and contributing to the fund’s origination.  Lorenzo previously spent three years at EISER Infrastructure Limited as an Asset Manager managing investments in the transport, utilities and renewables space in Italy and Spain.

Prior to this Lorenzo was a member of the Power, Utilities and Renewables Investment Banking team at HSBC for three years.  Lorenzo’s early career includes consultancy positions at both Cambridge Associates in London and Value Partners in Argentina, as well as a finance role at Eni SpA.

Lorenzo holds an MBA from London Business School and a Masters in Economics and Business Management from Luiss Guido Carli University, Rome.  He also holds the Chartered Financial Analyst (CFA) designation.

Want to join the team?

We’re always on the lookout for ambitious, engaging, smart people to further our mission. Check out any vacancies below and if you meet the criteria detailed, please do not hesitate to get in touch

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