Contracts lead to Energi surge (From This Is Lancashire)

Contracts lead to Energi surge

12:34pm Wednesday 13th September 2006 in

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NEW contracts worth almost £20 million are underwriting a Bolton heating and energy firm's major expansion over the coming years.

Vital Energi, part of the Burnden Group, which also owns leading conservatory systems company, K2, has won three new contracts around the country.

A £4 million project for Fife Council will see Vital Energi working on the Dunfermline Community Heating Scheme, providing heating and hot water to 230 households, two local schools, a fire station, a leisure centre, GP clinic and sheltered accommodation.

The scheme will generate electrical power using waste from a local landfill site.

Vital is also involved in a £12 million project for the design, supply, installation and commissioning of a combined heat and power system that will serve both the Natural History Museum and the Victoria & Albert Museum in London.

Finally, the company was commissioned to complete a £3.3 million project for airports operator BAA, installing a three kilometre pipe network to distribute waste heat from the existing CHP plant within the World Cargo Energy Centre at Heathrow, to provide heat and hot water for the new T5 Terminal, due to open in March 2008.

Vital Energi, which employs 50 staff at its headquarters on Burnden Road, Bolton, was formed six years ago.

The company has successfully introduced technology from the Scandinavian market to Britain as well as forming strategic partnerships with some of Denmark's most experienced energy consultants, and utilising the skills of its own in-house Danish engineers.

Turnover has risen from £4 million to £11 million in its first five years and a turnover of £16 million is forecast for this year.

If current bids are successful, Director Ian Whitelock predicts the company could double that figure.

He said: "Vital Energi is uniquely placed within the emerging New Energy' British market to offer flexible, energy efficient solutions.

"As both private sector developers and public sector organisations are put under increasing pressure to provide energy more efficiently, make best use of renewables and reduce C02 emissions, we are leading the way in the UK in offering a complete approach.

"The new contracts we have won demonstrate the diversity of energy projects for which we can provide a solution, and the additional revenues will feed in to our expansion plans so that we can continue to remain ahead of the field in this growing sector."