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Myriad CEG to sell or close Preston based wind operation

Posted on - 3rd March, 2013 - 11:03am | Author - | Posted in - Business, News

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Leicestershire-based green energy firm Myriad CEG is looking to close its Preston based wind energy division.

It is only a few months since the company launched new headquarters in Preston at the Red Scar industrial estate, employing 20 staff.

At the time Managing director of the wind division Phil McVan said “Preston is a fantastic location for us, with its excellent communication links and the wealth of energy expertise that exists here that we can tap into.

“The new headquarters is a major investment in our future and means that nationally Preston is now at the heart of wind technology development in the UK.”

It had taken 13,000 sq ft at the industrial estate to centralise UK operations. Now it is looking to sell or close down the wind business.

It is understood that major problems with a supplier have prompted Myriad CEG’s exit from the business.

A spokesperson for Myriad CEG said: “Myriad CEG is proposing to close its wind offer. This is due to a range of external influences beyond our control, exacerbated by the current economic climate.

“We are currently consulting with staff, customers and suppliers as well as talking to potential buyers.”

CEG group which also supplies solar, biomass and heat pump equipment.

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