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Energy

Peel NRE

Profile reviewed

Peel NRE develops natural-resources, energy and environmental infrastructure, including Protos, water services and district heat networks. [1][2][3][4][5][6][7][8]

01 / Behind the name

Who owns Peel NRE?

Private · indirectly wholly owned within Peel Land's March 2026 reporting group [1][2][3][4][5][6][7][8]

  1. 01
    Named operating business / investment scope

    Peel NRE Limited · 04480419 [1][2][3][4][5][6][7][8]

    As reported · 13 Oct 2026
  2. 02
    Registered parent and reporting-group scope

    Peel NRE Holdings Limited · within Peel Land's reporting group [2][3]

    As reported · 13 Oct 2026

Registered significant control

  • Peel NRE Holdings Limited [2]75% or more shares and voting rights; Right to appoint or remove directorsAs reported · 24 May 2024

Peel Land's March 2026 accounts list Peel NRE Limited as an indirectly wholly owned subsidiary. Its direct registered parent, Peel NRE Holdings Limited, has a 75%-or-more statutory control band; these are different evidence bases. Protos is an energy/resource park, and supplying sites or infrastructure does not make occupier plants Peel subsidiaries. Evero's Ince Bio Power and Encyclis' separate project retain their own ownership. Peel Cubico is a former investment despite its appearance in track-record material. [1][2][3][4][5][6][7][8]

Explore Peel NRE Holdings Limited · within Peel Land's reporting group

Owner & brand overview

02 / On the map

Where is it based?

Group headquarters
Not yet verified [1]
Parent incorporated in
England and Wales · Peel NRE Limited, 04480419 [1]

Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.

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Investors in Peel NRE

Investor disclosures found

Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.

Disclosed backing

Peel Group

Held entity · Peel NRE Limited · 04480419

Current Peel business / investment · exact economic stake not verified

Ownership evidence checked ·

Current group association or investment scope, rather than a verified direct wholly owned corporate stake. Specific parent companies, statutory bands and joint-venture relationships are explained in the company profile. Subsidiary and overlapping group-level links are not additional stakes to sum.

Evidence · 8 sources
Equity ownership

Peel Land

Held entity · Peel NRE Limited · indirectly within Peel Land's reporting group

100% indirectly within the Land reporting group

Annual-account snapshot ·

Peel Land Group UK Limited's 31 March 2026 accounts, subsidiary note p46. This reporting-group interest does not establish ownership of every NRE occupier plant or joint venture.

Evidence · 8 sources

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Explore the portfolio

Brands in the Peel NRE portfolio

Selected current services, businesses and energy-park names. NRE's development role, wholly owned subsidiaries, joint ventures and independent occupiers have separate scopes.

Brand research reviewed . Ownership and tax figures elsewhere on this page describe the group, not individual brands.

Showing 4 of 4 brands and ranges

  • Protos

    Energy & utilities

    Energy and resource park; Evero and Encyclis are separate occupier/project businesses, not inferred Peel-owned brands. [7]

    Markets & sources (1)
    • UK · business, service or destination scope [7]
  • Peel Water

    Energy & utilities

    Water abstraction and discharge services; distinct from Leep's utility-network ownership. [6]

    Markets & sources (1)
    • UK · business, service or destination scope [6]
  • Mersey Heat

    Energy & utilities

    Peel-owned energy supply company serving Liverpool Waters; delivery contractors and customer buildings are separate. [5]

    Markets & sources (1)
    • UK · business, service or destination scope [5]
  • Ener-Vate

    Energy & utilities

    District-heating consultancy within Peel's natural-resources portfolio; exact current economic percentage not separately established. [5]

    Markets & sources (1)

    Also listed or searchable as: EnerVate, Enervate

    • UK · business, service or destination scope [5]
Recent portfolio changes

Cubico acquired Peel NRE's entire 50% interest in Peel Cubico Renewables on 14 January 2024. The former joint venture is not a current Peel equity holding. [8]

03 / The figures, with context

What does it report in UK tax?

UK cash corporation tax has not been verified for this profile. This does not mean no tax was paid.

United KingdomNot yet verified

UK corporation tax paid

Not yet verifiedCash payment

Peel NRE · UK cash reporting scope not reconciled
Annual reporting period not yet verified

This ownership investigation has not established a dated UK cash corporation-tax payment for this scope. Accounting charges, group relief, policy statements and investor holdings are separate evidence; a research gap does not mean no tax was paid. [1]

These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.

Understand the measures

04 / Check our working

The public record.

Primary sources used in this profile. Company disclosures are attributed to the company; inclusion is not an independent audit.

  1. 01
    Peel NRE Limited register (opens in a new tab)

    Companies House · Active England and Wales company 04480419; previous names include Peel Environmental Limited and Peel L&P Environmental Limited

    Accessed 13 Oct 2026
  2. 02
    Peel NRE Limited registered control (opens in a new tab)

    Companies House · Peel NRE Holdings Limited, 15648133: 75% or more shares/votes and director-appointment rights; notified 24 May 2024

    Accessed 13 Oct 2026
  3. 03
    Peel Land Group UK Limited annual accounts 2026 (opens in a new tab)

    Peel Land Group UK Limited / Companies House · 31 March 2026 accounts, filed 18 September 2026; printed p3: reconstruction; p5: Fiddler's Ferry; p46: NRE subsidiary; p56: immediate and ultimate parents; registered office and head office statement

    Accessed 13 Oct 2026
  4. 04
    Peel Group current investment portfolio (opens in a new tab)

    Peel Group · Real Estate and Infrastructure sections: current named investments; listings do not establish identical equity interests or asset titles

    Accessed 13 Oct 2026
  5. 05
    Peel NRE district heat networks (opens in a new tab)

    Peel NRE · Mersey Heat is an owned energy supply company; Ener-Vate joined the natural-resources portfolio in 2020; Vital Energi is a delivery/operations contractor

    Accessed 13 Oct 2026
  6. 06
    Peel Water services (opens in a new tab)

    Peel NRE · Raw-water abstraction, cooling/heating, effluent and surface-water discharge services; distinct from Leep's utility-network ownership

    Accessed 13 Oct 2026
  7. 07
    Protos biomass and carbon-capture projects (opens in a new tab)

    Protos / Peel NRE · 3 August 2026: Peel NRE park role, Evero's Ince Bio Power plant and Encyclis' separate project; occupier ownership is distinct

    Accessed 13 Oct 2026
  8. 08
    Cubico takes full ownership of former Peel joint venture (opens in a new tab)

    Cubico Sustainable Investments · 14 January 2024: acquisition of Peel NRE's entire 50% interest and transfer of development team/pipeline

    Accessed 13 Oct 2026