VPI, the rapidly expanding UK power company, has appointed its first chief executive.
Jorge Pikunic, who has previously held senior leadership roles with Centrica, joins from growth and sustainability company Xynteo, where he was CEO. He will be responsible for developing and implementing VPI’s strategy in the context of the UK and Europe’s net-zero ambitions, with £2 billion pledged to support the energy transition over the next five years.
The company, owned by the Dutch energy and commodity trading business Vitol, is already a cornerstone partner of Humber Zero, a major decarbonisation project involving hydrogen and carbon capture and storage in the Humber region. It launched on the South Humber Bank almost a decade ago, having bought the Immingham combined heat and power plant that supplies the two neighbouring refineries.
