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Insider UK
Insider UK
National
Peter A Walker

Trojan takes up new tenancy in Energy Transition Zone

Trojan Energy is co-locating its headquarters and production facility in the Energy Transition Zone (ETZ) within Altens Industrial Estate.

As part of the deal, ETZ is providing bespoke accommodation for Trojan within the Zone’s W-Zero-1 building - formerly Richard Irvin House - alongside the ORE-Catapult National Floating Wind Innovation Centre.

The property is undergoing a refurbishment which, upon completion, should provide Trojan expanded office space and room to manufacture its electric vehicle charging points.

Trojan currently has 135 charge points in operation in London and is ramping up production to meet demand in other parts of the UK.

Currently headquartered in Stonehaven, the business employs 45 people at locations across the UK and expects to increase its headcount to 100 by this time next year.

Management intends to double the Aberdeen workforce to at least 50 in the same period, along with plans to raise £20m through a funding round sometime next year.

Trojan's chief executive Ian MacKenzie said: “This move has allowed us to support our growth ambitions as we steadily build up our production team to deliver charging points for our current projects in London.

“I’m very grateful to the team at ETZ Ltd for their support in helping us to reach this point - the building has great facilities and the innovative ecosystem that is being developed in and around the zone makes this the ideal location to start and grow a cleantech business.

“Being able to draw upon the incredibly talented energy workforce across the region as we seek to increase our headcount is of major benefit to us.”

ETZ chair Sir Ian Wood said: “It is a real privilege to formally welcome Trojan to the Energy Transition Zone.

“The fact they have decided to commit their long-term future to Aberdeen is a major boost to the local economy and for our ambition to reposition this region as a global leader in energy transition.”

Trojan was founded in 2016 and spent a number of years developing its charging solution with support from organisations like Opportunity North East (ONE), Scottish Enterprise, Scottish Edge and Innovate UK.

An initial £1m funding round, led by Equity Gap, was completed in 2020 and, since then, the company has raised a further £12.5m, including £9m from the Scottish National Investment Bank.

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