About us

VPI is a leading power company. We tackle the big, systemic challenges in the energy transition.

Backed by Vitol, we bring together expertise in trading, operations and engineering to identify and anticipate challenges that will emerge as the energy transition unfolds. We then act to solve them.

Today, our portfolio includes reliable thermal power, battery storage and carbon capture projects. Together, these assets deliver decarbonised, dispatchable, and flexible power generation to meet the needs of millions of homes and businesses.

Our solutions

Where we operate

VPI is headquartered in London, with 8 sites in operation, and multiple sites in development across the UK, Ireland and Germany.

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Power Today

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VPI in numbers

8 sites in operation

3.5 GW capacity

624 MW under construction

9.5 TWh generation last year

97% Availability last year

“Never has there been a time that energy, and specifically power, has had such an important role to play in the world.

“Barely a day goes by without the impact of climate change being seen, heard or felt. At the same time, our power needs are expected to double by 2050, as sectors such as transport and heating electrify, and as our economies become increasingly data driven. Industrial clusters which are the backbone of many economies, need to find ways to abate to protect jobs and drive growth as we transition to net zero.

“Ensuring energy security to power the economy while we decarbonise is therefore vital.

“It requires us to overcome many challenges and find many solutions. While there is no silver bullet to the energy transition, there are new solutions on the horizon. The key is to seize those opportunities as they are presented to us so we continue to make progress.”

Jorge Pikunic, Chief Executive Officer

Our leadership team

Lee Warren

Director of Operations

Responsible for overseeing all aspects of the European operational business both technically and commercially. He has been in Electrical Supply Industry for 36 years completing Electrical/Mechanical BEng(hons) and MBA, he has held senior leadership roles for over 25 years, having managed and operated a range of plants including BESS, Gas Storage, CHP, WDF (waste directed fuel), Coal Generation and CCGTs. He has been involved in full project life cycle including Development, Construction, Business establishment, Operation, Divestment, Closure, and Demolition.

Lee Warren

Jorge Pikunic

Chief Executive Officer

Jorge is the Chief Executive Officer of VPI having joined the company in 2022. Born in Venezuela, Jorge holds an MSc and PhD in Chemical Engineering and was a Research Fellow at the University of Oxford. He is also a Board Director of the Faraday Institution, an independent institute focused on the research and development of new battery storage technologies.

Jorge Pikunic

Jonathan Briggs

Director of Development and Delivery

Our carbon capture project will help kickstart decarbonization of the Humber industrial region and preserve and create thousands of jobs during construction. It will help enable the transport and storage infrastructure needed for other nearby industries to start capturing their carbon, while delivering low-carbon, reliable and flexible power 
and steam.

Jonathan Briggs

Our evolution

VPI was established as an independent business in 2013 when Vitol, a leading global energy and commodities trader, invested in its first gas-fired plant. Today VPI is a leading power company with a growing international portfolio of flexible generation and storage facilities.

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