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Birmingham Post
Birmingham Post
Business
Jon Robinson

Renewable energy consultancy TNEI becomes employee owned

A renewable energy consultancy, which was once part of oil and gas services provider Petrofac, has become employee owned.

Manchester-based TNEI has transferred 100% of its shares to an employee ownership trust in a move backed by a "significant funding" package from HSBC UK

The company, which also has offices in Newcastle, Glasgow, Cape Town and Dublin, was divested from Petrofac in 2016 through a management buy out.

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