Swedish energy company Vattenfall has launched a green energy supply product for UK business customers, to be called ‘Fresh’ (‘Flexible, Renewable Electricity, Supplied Honestly’).
Vattenfall, which is 100% owned by the Swedish state and has over 6 million customers across Europe, started to invest in the UK energy industry in 2008 after buying three wind businesses totalling 90MW. Since then, the company said it had invested nearly £3 billion in the UK and will, from 2018, operate over 1GW of installed wind capacity. It was first granted an electricity supply licence in 2013.
The drive for business-to-business customers will start in early May but the company will not start supplying customers until 1 October.
Anna Borg, Vattenfall’s new head of business area markets, said: “Vattenfall is offering a new green power product to large UK electricity users. This is the first time that Vattenfall is making a B2B retail offering in the UK. Our renewable electricity product will help our future business customers achieve their sustainability goals.”