myenergi has received a £30 million investment from Energy Impact Partners to support its growth and international expansion.

myenergi, a British manufacturer of smart energy technology for residential homes, has secured a £30 million investment from Energy Impact Partners (EIP) to support significant future growth and international expansion. This follows the £30 million in debt financing that myenergi received from HSBC earlier this year to further drive its expansion.

Lee Sutton and Jordan Brompton founded the UK-based company myenergi in 2016 with the goal of removing barriers to a greener future, including the technological, behavioral, and financial challenges associated with the rapid adoption of smart energy products. In doing so, the company committed itself to facilitating a smooth transition to renewable energy.

myenergi has been recognized as one of the top 30 fastest-growing private companies in the country*, with an average annual growth rate of more than 125% over the past three years. It manufactures a range of “eco-smart” home energy technologies, including the industry-leading zappi electric vehicle charging station—which is compatible with solar power—the eddi power diverter, and the libbi smart home battery.

EIP is a global investment firm focused on investing in the energy transition by supporting companies that develop solutions that will shape the future of energy and the climate. This includes mission-driven, high-tech companies from the United Kingdom and Europe, such as myenergi, that contribute to safer, more flexible, and cleaner energy sources.

As part of the equity investment, Nazo Moosa, Managing Partner of EIP Europe, will join myenergi’s board of directors, alongside Sir Terry Leahy, former CEO of Tesco, and Peter Richardson, former COO of Dyson. “Transport accounts for nearly a quarter of global energy-related CO2 emissions, and road transport is responsible for the lion’s share of that. EIP focuses on the largest sources of greenhouse gas emissions,” said Moosa. “We are proud to support Lee and Jordan, who have built a truly unique company in the climate sector that is both rapidly growing and profitable. zappi is already one of the leading charging station manufacturers in the United Kingdom and Ireland, and with the success of their libbi home battery, we believe that myenergi is in pole position to become the leading provider of home energy management systems.”

Lee noted: “We are delighted to have found an investor in EIP who truly understands what we stand for—our mission, vision, and values. With the expanded team, we will be able to further expand the products and services within our home energy system, making our solutions available to even more consumers worldwide. The investment will help us develop our next generation of products and innovations, including our planned expansion into grid services—such as DSR (Demand Side Response)—which will enable us to better support our customers as they transition toward greater self-consumption and reduced dependence on the power grid. We will also invest in service excellence to ensure our customers benefit from the best possible support.”

Jordan added: “As we transition to a zero-emission future, it is essential that consumers are offered simple and convenient ways to make the switch from fossil fuels to clean, green, renewable energy. We are truly excited about EIP’s investment, which will help bring our eco-smart products to more households, enabling our customers to monitor, manage, and optimize their energy consumption at home, as well as reduce their emissions, streamline their energy bills, and ultimately become more energy-independent.”

Jefferies, a leading global investment banking and capital markets firm, served as the sole financial advisor to myenergi.