Offshore renewables supplier on track for green growth

HULL firm Pearson Electrical, which supplies electrical services to the offshore renewable energy industry, has received a business loan from Finance Yorkshire.

With it, the firm intends to grow by more than 30%.

The business employs 10 people and is now planning on recruiting 5 more people in the coming year, after recently buying up Hull-based rival Humber Rewind. The firm has also relocated to a 6,000 sq ft factory at Pioneer Park.

Pearson has already been selected as one of the first 40 approved suppliers to the £310m Green Port Hull project, under which Siemens will build an offshore wind turbine blade manufacturing facility.

Finance Yorkshire provided a £20,000 business loan to the firm, which will be used to install a burn-off oven and winding machine for electric motors.

Mark Pearson, managing director at Pearson Electrical, said: “Siemens’ commitment to Green Port Hull is terrific news for the regional supply chain and we expect this to contribute to growth of around 30 per cent in our business.

“Our marine expertise across a wide range of services along with our high level of customer service and on-time project delivery means that we are trusted by a number of companies in the marine energy industry.”

Pearson Electrical was founded in 1995 as an electrical contractor, and current projects include the installation of new filling lines for Crown Paints in Hull and the launch of a wind turbine support vessel for MMS Ship Repair.

Ian Atkinson, investment manager at Finance Yorkshire, said: “This is an exciting time for the offshore energy industry in the Humber and Pearson Electrical is well placed to capitalise on the opportunities that are emerging.

“Mark has built an excellent reputation for his business and we’re looking forward to seeing the next phase of its growth.”