In a noteworthy development within the UK energy sector, Scottish Equity Partners (SEP) has completed the sale of its 30% stake in Vital Energi to Edinburgh-based Corran Capital. This strategic move is set to enhance the delivery of low-carbon heat and energy efficiency solutions throughout the UK, focusing on both private and public sector properties.

Vital Energi, renowned for its leading role in the development of sustainable heat infrastructure and energy-saving measures, is poised for accelerated growth under the new partnership with Corran Capital. The collaboration aims to expand Vital Energi’s impact on reducing carbon emissions and promoting energy efficiency across the country.

SEP Managing Partner, Calum Paterson, reflected on the partnership with Vital Energi, acknowledging the significant growth and success achieved during their investment period. Paterson expressed pride in the fruitful collaboration and conveyed best wishes to Vital Energi and Corran Capital for their continued endeavours in advancing the UK’s energy efficiency and low-carbon goals.

The transaction signifies a positive step forward for the UK’s energy sector, aligning with national objectives to enhance energy sustainability and efficiency in both the private and public realms.