- The UK’s leading supplier of biomass will become Esken Renewables
- It has launched a new web site – EskenRenewables.com and changed its name at Companies House
- It has taken receipt of trucks and trailers with a new livery to reflect its new brand
- Further changes to come over the next 12 months as it completes its transition to Esken Renewables
We are delighted to announce our intention to change our company name from Stobart Energy to Esken Renewables. That new name reflects both our importance to our parent company, Esken, and our focus on supporting the UK circular economy by supplying renewable fuel across the country.
As a result, we have today changed our name at Companies House and launched a new web site, EskenRenewables.com. Signage around our sites has already started to change and we have taken delivery of our first rebranded trucks and trailers displaying a new livery. We are currently sharing new uniform and PPE with our people and over the next 12 months we will be taking delivery of further rebranded vehicles and signage.
The change of name follows our parent company Esken’s decision to sell the Eddie Stobart and Stobart trademarks to Eddie Stobart Logistics for a total of £10m in 2020. That sale resulted in the immediate receipt of cash, and allowed us to start establishing a clear differentiation between Eddie Stobart’s logistics business and our own. Following this transaction, Stobart Group changed its name to Esken in February 2020 with our business given 30 months to change name.
You can see a video explaining our new name here – Esken Renewables video
Richard Jenkins, CEO of Esken Renewables said, “We will now share the name Esken with our parent company, reflecting our importance to the wider Group. The name Esken is taken from an ancient British word that means ‘to ascend, climb and rise’.
“We chose Renewables because both our present and our future is focused on this important work; supplying renewable fuel to the UK. Right now we are the UK’s largest supplier of a critical renewable fuel – biomass. In the future, we aim to establish further opportunities to use our expertise and infrastructure to supply other types of renewable fuel.”
Esken Renewables is the UK’s number one supplier of biomass fuel, with long-term contracts to supply 1.7 million tonnes of fuel to biomass plants, generating renewable energy equivalent to the annual domestic electricity needs of 2% of the UK population.
Our core business is to supply biomass fuel, which we process from waste wood and by products, and deliver it to a large number of power plants.
We are proud of what we do and the way we do it. Our approach is driven by our desire to “do things differently”. We provide services to help our customers decarbonise their power generation as we transition to a zero-carbon economy.
Waste wood and by-products are a valuable resource that should be used to generate value for all of us and our communities.
We invest in our best-in-class infrastructure, cutting edge technology and most importantly, our skilled and dedicated people, to ensure that we maximise the financial and environmental benefits at every stage of the process of transforming waste into renewable energy.