Utilities supplier’s new 17,000 sq ft office takes a step closer

Bobby Kalar

Yü Group says it has agreed the commercials for a new purpose-built office which could see its headcount grow to over 400 members of staff.

The Nottingham-headquartered utilities company announced plans to expand its footprint last September, and will now look to grow its sales, marketing and product teams at a new 17,000 sq ft facility on Northgate Street in Leicester.

Set to open in January 2021, the multimillion pound sales and innovations office will house 250 employees.

The new building, which is part of Leicester’s Waterside scheme, is due to be developed by local company Brackley Property Development. Yü Group will become the first commercial resident at Waterside.

Nelsons solicitors advised the Group on the deal.

Bobby Kalar, chief executive officer of Yü Group, said: “Our service offering is resonating incredibly well with customers. There remains an enormous market opportunity to engage with the vast number of businesses who are disengaged with their current utility supplier and who are looking for value for money, convenience and excellent customer care. We ensure that our service meets these high standards. Investing in our Leicester capacity, along with our recent investment in new systems and processes, is a significant part of our business strategy to drive continued controlled growth.”

Kevin Harris, chair of the Leicester and Leicestershire Enterprise Partnership, added: “It is wonderful to see this investment from Yü Energy in Leicester’s Waterside. The development there has seen state-of-the-art office facilities constructed, ready for energetic businesses to move into. Yü Energy’s arrival at Leicester Waterside further underlines Leicester as a fantastic place to work, to invest and to do business. I’m delighted that the LLEP’s investment in this redevelopment project is bearing fruit, and providing businesses with the space they need to grow.”

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