We Are One Energy Ltd, trading as One Energy, has received a significant investment from NPIF II – River Capital & GC Business Finance Smaller Loans, which is managed by River Capital & GC Business Finance as part of the Northern Powerhouse Investment Fund II.
The funding will support the Lancashire-based company’s expansion as a provider of government backed energy efficiency services. It will also fund recruitment of key staff including a Marketing Manager and Business Development Manager, technology development including a self-service application portal and Private Rented Sector platform, alongside working capital to support growth operations.
Founded in January 2025 by Harvey Mason and based in Padiham, One Energy helps households access government grants for energy saving home improvements through schemes including ECO4, the Great British Insulation Scheme and the Boiler Upgrade Scheme. The company coordinates installations through a network of TrustMark accredited partners.
Bringing over 20 years of business experience, including five years specifically in the energy saving sector, Harvey’s vision centres on rebuilding consumer trust in the retrofit industry through transparent advice and quality delivery standards.
Despite operating for just eight months, One Energy has generated over six figures in revenue, secured partnerships with more than 20 delivery partners, and won the UK Green Start-up of the Year award. The company has also achieved B-Corp Pending status, reflecting its strong commitment to ethical business practices.
With the UK retrofit market underpinned by significant government investment, with over £6 billion already deployed through current programs and a further £13.2 billion earmarked under the Warm Homes Plan for 2025-2030 the market presents unprecedented opportunity for One Energy to continue its growth trajectory.
Jonathan Nelson, Investment Manager at River Capital Management, said: “Harvey’s deep understanding of the retrofit sector, combined with One Energy’s impressive early traction, made this a compelling investment opportunity. The company has achieved remarkable progress in just eight months while being entirely self funded, and we’re confident the funding will enable them to scale their operations and become a leading force in the UK’s energy efficiency market.”
Harvey Mason, Founder and Managing Director of One Energy, commented: “This investment from River Capital represents a crucial step in our vision for the UK retrofit industry. The funding will allow us to build our team, enhance our technology platform, and expand our reach to help more households access the energy-saving support they deserve.
Sue Barnard, Senior Investment Manager at British Business Bank, said: “The Northern Powerhouse Investment Fund II was established to support businesses that are driving innovation within their industries. Harvey’s vision for One Energy is a great example, helping households access energy-saving support and contributing to the clean energy sector, which was highlighted as a priority in the government’s recent Industrial Strategy. It’s inspiring to see businesses like this thriving in the North, and I look forward to their continued success.”
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.