Donor Dale Vince Commercial Empire Tilted to a loss after having undergone a stay of 12 million pounds sterling on a “vegan gas” project and that the world’s energy prices have plunged.
The accounts of the Portfolio Society of the Energy Markat, Green Britain Group, showed that he had fallen for a loss of 7 million sterling books from the year to April compared to a profit before tax nearly to 50 million pounds sterling a year earlier.
Green Britain Group belongs only to Mr. Vince and contains his commercial interests, notably Ecotricity, the energy supplier he founded in 1995, the company Diamant cultivated in the Skydiamond and Forest Green Rovers, a vegan football club.
The group’s ground in the red was partially triggered by a stay of 12 million pounds sterling on the green gas mill in Ecotricity in Reading, which was opened in 2023, after having undergone engineering and of engineering and design.
The so-called vegan gas is made using grass cuttings, rather than animal waste, which is broken down by anaerobic digestion to create methane.
Mr. Vince defended the program, saying two years ago: “We believe that if we cultivate grass on all marginal land in Great Britain, we will be able to make enough green petrol to provide everything the country. “
Ecotricity has since had to completely remove its first biogas factory, but provides for a new installation which, she said, could provide gas to several thousand houses.
“A [new] The installation is under development and … will produce biomethane via an anaerobic digestion, using the grass of the local area as the main raw material, “said the report.
The project is currently in the pre-construction phase and should be completed in 2026. ”
Income from electricity and gas reached 467 million pounds sterling during the year, a net decrease of 551 million pounds Sterling a year earlier when income included 123 million pounds sterling of government grants for Help customers through the energy crisis.
The report indicates: “The government has previously been intervened to alleviate the impact of higher wholesale prices on consumers. This support decreased during fiscal 2024 when prices stabilized, although average prices greater than the historic average. »»
The drop in energy prices has seen the income of the company subsidies of the energy bill fall to 8 million pounds sterling, against 123 million pounds sterling in the previous year.
The accounts come after a decision of the high court earlier this month which ruled that the ex-wife of Mr. Vince Kate receive more than 40 million pounds sterling in a divorce regulations.
The lawyers of the ex-wife of Mr. Vince declared to the court that he gave matrimonial assets, of which she should be entitled to half, Including 5.4 million pounds sterling of donations to the Labor Party.
Mr. Vince founded the ecotricity of the energy company in 1995 after setting up an old pylon with a wind phone in Glastonbury.
