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Limejump
Virtual renewable energy platform
- 21-100 employees
- B2C
- B2B
- Energy
- Sustainability
- Trading
- Vassal, London, UK
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Company mission
To lead the way for a clean energy transition.
Our take
Limejump manages one of the largest Virtual Power Platforms in the UK, with over 1GW of renewable capacity. Its VPP is an aggregation of flexible energy generation and storage assets of different sizes and technology types. Therefore, as well as wind and solar, Limejump’s VPP also hosts a sizeable portfolio of hydro, anaerobic digesters and batteries. Moreover, its technology allows smaller renewable energy generators, demand-side response (DSR) providers and battery storage units to directly access the Balancing Mechanism market.
Created in 2013, Limejump has anticipated future trends in the energy market and capitalised on them. It predicted that energy suppliers would have to acquire demand-side response aggregators and created history by being the first energy company to trade batteries in the UK Balancing Mechanism market. Following on from a series of acquisitions across the market, with Enel buying Enernoc for £236m, Centrica paying £62m for Restore, and Engie taking a big stake in Kiwi, Limejump was acquired by Shell in 2019.
Limejump's tech-led approach and trading expertise enable them to quickly capture market opportunities for new and existing customers. More recently, the company added more than 200 renewable generators to its VPP through Power Purchase Agreements, increasing the number of renewable sites that it manages in the UK by 40%. These new sites have overwhelmingly been wind and solar and have added 170MW of renewables capacity to Limejump’s VPP.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Mental wellbeing support with Mental Health First Aiders and Employee Assistance Program
- Competitive pay and an annual performance based bonus
- Private Medical Insurance with AXA PPP with £0 annual excess
- 25 days annual leave…and one extra day for your birthday
- £1k annual innovation budget to spend on self development coupled with 10% time off work to do it
- Flexible working options to suit your personal life (including caring responsibility and/or your cultural background)
- Company wide lunch n learns, culturally diverse celebrations and other social events
- Cycle to Work Scheme – enjoy a carbon free commute on us!
- Parental leave – up to 12 weeks paid maternity, adoption and shared parental leave
- Subsidised onsite gym membership and weekly fitness classes
- Life assurance and personal accident insurance
Company values
- Collaborative - we trust, we empower, we achieve together
- Passionate - be purposeful, drive sustainable progress, be proud
- Pioneers - be bold, always push boundaries, be innovative
Funding (2 rounds)
Jul 2017
$3.9m
SERIES A
Sep 2015
$1.8m
SEED
Total funding: $5.7m
This company has top investors
Leadership
Ning Zhang
(Co-founder)Currently CEO & Chairman of XRENEWABLE and CSO of Still Waters Green Technology.
Catherine Newman
(CEO (not founder))Former Gazprom and BP executive. Joined Limejump as COO and was appointed CEO on September 2020.
Diversity, Equity & Inclusion at Limejump
- Limejump values equality and diversity, and we welcome applications from candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, gender identity, religion or belief, marital status, or pregnancy and maternity.