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Birmingham Post
Birmingham Post
Business
David Laister

£30m funding pot secured by Myenergi to accelerate business development strategy

High growth greentech specialist Myenergi has secured a £30 million funding facility to further its development of smart home energy products.

The Grimsby-area firm is to use the HSBC backing to support innovation at the Pioneer Park base, where manufacturing operations are soon to be moved to after a major build project.

A 65,000 sq ft expansion will see the ramped up production of products like the flagship Zappi electric vehicle charger brought to the gateway site at Stallingborough, having been based in temporarily leased town centre premises as sales have surged. and an original site that rapidly flexed to become a pure headquarters was established.

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