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Insider UK
Insider UK
Business
Alistair Houghton

Foresight invests in The Electric Heating Company as it works to decarbonise home heating

Foresight EHC United Kingdom

Foresight Group has completed a £3.8m investment into an electric heating specialist that plans to launch a range of air source heat pumps as it encourages people to decarbonise their homes.

Foresight has backed the Electric Heating Company (EHC), based in Blantyre, South Lanarkshire, which supplies electric boilers, heaters and water cylinders to housing associations, developers and private homeowners across the UK.

The deal features the first investment from Foresight's £60m Scotland Fund, with other investment from the Foresight East of England Fund and the Foresight Scottish Growth Fund.

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