Juergen Maier, the former Chief Executive of Siemens UK, has been appointed as the Chair of Great British Energy.
The new company, which is backed by the state, is part of the Labour government’s plan to achieve clean power by 2030.
Prime Minister Keir Starmer announced the appointment on Thursday.
Today, the Prime Minister and Energy Secretary unveiled a partnership between Great British Energy and The Crown Estate, which could attract up to £60 billion in private investment.
Energy UK has stated that GB Energy could boost clean energy and attract investment, but it needs to collaborate with the private sector to succeed.
Read more about the Great British Energy’s main priorities.
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