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.