Tuesday, March 4, 2025

Six-figure backing from NPIF II to drive transformative growth for C80 Solutions

C80 Solutions, which is part of the wider C80 Group, has secured a six-figure loan from NPIF II – BEF Smaller Loans, which is managed by the Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II (NPIF II).

With a team of 44 professionals and an annual revenue of £3.6m in 2024, the loan will enable C80 Solutions to invest in talent acquisition, resources, and cutting-edge infrastructure to support its ambitious plans. As the company continues to grow, it is set to create new job opportunities, with plans to expand its workforce by up to five positions in the coming year, contributing to economic growth across Yorkshire and beyond.

Achieving 30% year-on-year growth in 2024 – which is set to increase to 40% in 2025 – C80 Solutions provide a complete range of energy assessment, compliance, consultancy and testing services for the UK residential and commercial sectors. The business will use the funding to bring its services together under the new brand name “enevo” in early 2025, which will help the company enhance visibility and provide an integrated, multidisciplinary approach to clients across the UK.

Founded in 2010 and based in Birstall, West Yorkshire, C80 Solutions reflects a vision for sustainable business practices and innovation. Over the years, the company has earned a reputation for excellence, collaborating with high-profile clients such as Knight Frank, Torsion Projects, Eddisons, Savills, Avison Young, Caddick Construction, Esh, and JRL Group.

Mark Heptonstall, founder of C80 Solutions and Managing Director of C80 Group commented: “This funding marks a pivotal moment in our journey. It’s not just about scaling operations but about investing in innovation and the people who make our vision a reality. By consolidating our services under the enevo brand, we’re positioning ourselves as a one-stop solution for sustainable building compliance and consultancy. This is an exciting chapter for us, and we’re proud to be driving positive environmental and economic impact.”

Mark Iley, Senior Investment Manager at Business Enterprise Fund, said: “It has been a pleasure working with Mark and the team at C80 Solutions. Their commitment to driving sustainable practices and advancing net zero goals within the building compliance sector is truly impressive. Supporting businesses like C80 Solutions aligns perfectly with our mission to foster innovation and sustainable growth in the North of England.”

Lizzy Upton, senior investment manager at British Business Bank, said: “This round of funding will enable the business to make strategic change to accelerate growth and create new jobs. There are plenty of challenges facing the residential and commercial sector, so it is great to see NPIF II supporting a business like C80 help other companies navigate the regulatory environment and improve their sustainability.”

The £660m Northern Powerhouse Investment Fund II (NPIFII) covers the entire North of England and provides loans from £25k to £2m and equity investment up to £5m to help a range of small and medium sized businesses to start up, scale up or stay ahead.

The purpose of the Northern Powerhouse Investment Fund II is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North of England. The Northern Powerhouse Investment Fund II will increase the supply and diversity of early-stage finance for the North’s smaller businesses, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.

 

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