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Shareholder information.
In December 2024, Greg Skinner completed the acquisition of 50% shares of Ethical Power Group from Hive Energy. Our founder and CEO Thomas Kneen maintains a 50% share of the business.
Greg Skinner is a successful investor who co-founded the UK-based quantitative hedge fund Quadrature Capital Limited in 2010. He also sits as a trustee of Quadrature Climate Foundation, which he established with his hedge fund co-founder in 2019. Through this foundation, they have committed over $1Bn in philanthropic grant-making to date. This investment in Ethical Power is made by Greg Skinner in a personal capacity.
This investment in Ethical Power also included the provision of an additional working capital loan to help facilitate the continued expansion of the renewable energy company’s operations. Upon deal completion, Greg Skinner will be joining the Ethical Power Group board.
The partnership between Hive Energy and Ethical Power Group will continue through their joint venture development projects in the UK, such as the Hive Ethical Project Development Ltd, in which Hive Energy remains the minority shareholder. Further collaborations on the international development pipeline are also planned.
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Environment, Social and Governance (ESG) initiatives
Ethical Power is committed to advancing initiatives across Environment, Social and Governance (ESG) topics: