Entrepreneur invests in strategic resourcing company

Grant Nicholson, founder and CEO of Planet-U Energy based in Yorkshire, has been appointed to the board of directors at Leeds-headquartered Hortor.

The global strategic resourcing expert has 150 employees and now operates across nine countries.

Making a significant investment into the organisation, Nicholson will become a shareholder at the company, bringing his knowledge from business, along with personal interests in renewable energy and sustainable solutions.

He founded Planet-U Energy in 2018, and it is now one of the fastest-growing renewable energy companies in the UK.

A recent winner of the IoD Young Entrepreneur of the Year (Yorkshire and North East) 2020, Nicholson said: “As a recognised business leader with a successful track record, I feel I have the knowledge and experience that is needed to support Hortor as it works towards becoming a £100m turnover business.

“With the drive and determination that is needed, I firmly believe we can meet and exceed these targets, even when times are tough.

“Taking adversity and using it to our advantage, I am looking forward to joining the board and making things happen.”

The investment in Hortor will be used to enhance the company’s market digital and tech infrastructure, while also extending the portfolio of business services it offers to cover the renewable energy sector.

Joint CEO of Hortor, Andy Roe, said: “We would like to take this opportunity to welcome Grant to the business.

“We have big plans for the year ahead and know that with his added input we can take the steps to make our ambitions a reality.

“This is really positive news for Hortor and means we can end 2020 in a strong position, while embarking into 2021 with a solid infrastructure and the model we need to deliver real business success.”