Rendesco

Rendesco is the UK’s leading independent clean heat network developer and operator. It finances, designs, installs and operates low-carbon heat networks using ground source heat pump technology for new build developments. The company brought its geothermal drilling capability in-house in 2024, supporting its position as the UK’s only fully integrated clean heat operator. Rendesco operates across the UK, providing heating and hot water to more than 10,000 homes and generating over 28GWh of sustainable energy annually. Clean Growth Fund exited the investment in 2026.