Issue 46 | Page 15

NEWS BEEP PROJECT HELPS SAVE 17,500 TONNES OF CARBON DIOXIDE An energy saving scheme already used by hundreds of businesses is helping to reduce the region’s carbon footprint, as well as money for companies. BEEP (Business Energy Efficiency Project) provides fully-funded trusted and independent expert-led services with the ultimate goal of helping businesses generate financial savings and reduce carbon dioxide emissions through energy efficiency measures. Running since 2017, the Durham County Council-led project has already supported more than 300 SMEs within the county to reduce their running energy costs, saving a massive 17,500 tonnes of carbon dioxide. The project, which is financially supported by the European Regional Development Fund (ERDF), provides bespoke energy audits, data analysis and tailors solutions for improved energy measures for businesses. The project also operates a grant fund for The boss of Newton Aycliffe-based Tekmar Group has revealed he will step down in the next year after the firm recorded another turnover hike. After 12 years with Tekmar, chief executive James Ritchie has decided to resign from the board, handing responsibility to Alasdair MacDonald. He will remain with the Aycliffe Business Park firm until the end of the current financial year (March 2021) – or “as such time that an orderly handover is completed”. Ritchie completed a management buyout of Tekmar aged just 21, and Tekmar Group was floated on the stock exchange two years ago, raising £60m. In an exclusive interview in the 45th issue of Aycliffe Business, Ritchie told Peter Barron that he expected turnover to double, from £28m, in the next year. And in annual accounts published in August, Tekmar Group has recorded a 46% growth of sales to £40.9m, up to the end of March this year. Ritchie said: “Firstly, I want to reassure you Charlton’s Café is one of more than 300 businesses to have benefited from BEEP (Business Energy Efficiency Project). qualifying SMEs, helping towards purchasing up-to-date energy efficient installations. This can range from lighting, heating to electric vehicles. BEEP recently helped Charlton’s Café purchase an electric vehicle bringing further energy cost cutting to the business along with supporting its ongoing growth and sustainability. Charlton’s Café, based in Peterlee, saw its operations grow towards more delivery-based purchases. Director Michael Charlton said: “With the new car, we can get 120 miles of range, more than the company´s daily needs, for only £1.50, and the move has been great for the company’s finances as well as the environment.” If you’d like to explore how BEEP can help your business get in touch, email beep@ durham.gov.uk, call 03000 265547 or visit beep.uk.net. TEKMAR BOSS TO STEP DOWN AS TURNOVER SOARS TO £41M this was my personal decision and is in no way a reflection of my confidence in Tekmar longer term. It has been an exciting 12 years of growing the business from a small family start-up to where we are today, and it will remain an astonishing story. “Together we developed a market-leading technology, established the largest track record in offshore wind with an outstanding brand recognised the world over, completed a management buy-out of Tekmar Energy in 2011 backed by private equity, and then successfully floated on the London Stock Exchange becoming Tekmar Group plc seven years later. “More impressively we have doubled in size in the first two years, achieving £41m in sales and employing over 200 people across six businesses. For me now, this feels like the right time to hand over the reins.” BUSINESS BRIEFS DIGITAL TRANSFORMATION Durham County Council has been shortlisted for a national award for its digital transformation. The local authority has been shortlisted for the Digital Transformation category in The MJ Awards 2020, which recognises achievement in local government. It follows the council’s efforts to bring more services online, improve the quality and choice of those digital services and help its communities to thrive in a digital world. £6M BOOST FOR BUSINESS PARK Plans for a major new business park in Durham City are progressing thanks to £6m of government funding. Durham County Council has secured the money from the government’s Getting Building Fund, which aims to deliver jobs, skills and infrastructure across the country. The funding will cover half the cost of the first building on the proposed Aykley Heads Business Park, enabling the creation of office space on ‘Plot C’, which has been identified as Phase 1 of the development for the new business park. The council will contribute the other half of the cost, with the building totalling £12m. PLANS FOR £5BN PIPELINE Transport for the North (TfN) has set out its initial plans for a Northern Infrastructure Pipeline (NIP), a 30-year investment plan of infrastructure projects to underpin greener Northern growth. This £5 billion pipeline includes rail, road, active travel and smart ticketing proposals; some of which could be started over the next 6-18 months to help the economy ‘build back better’ after the Covid-19 pandemic, and help create around 20,000 construction and design jobs in the North of England. AYCLIFFE BUSINESS We’re already working on the 47th issue of Aycliffe Business, the magazine for Aycliffe Business Park, which is due out in October and now with an expanded circulation to parts of Darlington, Shildon and Bishop Auckland. To get involved, call Sharon Hutchinson on 07940 870310 or email [email protected]. The magazine for Aycliffe Business Park | 15