Centrus Employee Survey results

Our employee survey results are in!


 
“At Centrus, all ideas and feedback are welcome. Our regular surveys assess employee engagement, identify areas of improvement, and track progress over time. They also help to build trust and communication as our growing business retains the pieces we treasured as a startup.
 
We are very proud to share a few results highlights from our Q1 2023 survey.” George Roffey, CSPO – Centrus
 
For more information on working at Centrus, click here.

Jonathan Spearing joins Centrus as Director from Poplar HARCA

Centrus is delighted to welcome Jonathan Spearing as a Director, specialising in Social & Affordable Housing.

With over 16 years of experience working in the housing sector, the latter half as Director of Finance at Poplar HARCA, Jonathan has extensive knowledge across finance, treasury and governance as well as a particular interest in decarbonisation, regeneration and JV activity. 

Given Centrus’ market leading position within the housing sector in the UK and Ireland, Jon’s experience and expertise will be invaluable for both our team and clients.  

Centrus is widely recognised as the leading treasury and corporate finance advisor to the affordable housing sector. As a certified B Corporation, we provide advice & investment to the projects, companies and assets that matter to people, communities and the environment.

Our team has over 200 years of combined experience, spanning banking, derivatives, debt capital markets, equity, and financing strategies. Centrus also provides treasury reporting and sophisticated technology solutions from Centrus Analytics to a full spectrum of housing associations.

“Centrus’ market leading position creates a virtuous circle in enabling us to develop, retain and attract high quality professionals to underpin our objective of always delivering first class advice to and outcomes for our clients.

Jon further strengthens our exceptional team, providing valuable experience and insights from the front line of housing, and we are delighted to welcome him”. 

Paul Stevens, Managing Director – Centrus

“I’m excited to join such a talented team and am looking forward to meeting more housing associations and sharing experiences”.

Jonathan Spearing, Director – Centrus

Centrus achieves B Corp Certification

We are incredibly proud to announce that Centrus has become a Certified B Corporation or B Corp. 

Certified B Corporations are companies verified to meet high standards of social, governance and environmental performance with credible and transparent evidence to prove it.  Centrus has also made a legal commitment to ensure that social or environmental performance is a part of its decision-making, regardless of company ownership.  B Corps demonstrate accountability and transparency by disclosing this record of performance in a public B Corp profile. 

Finance with Purpose

Centrus scored 115.7 points in the B Corp impact assessment process. This score is 35.7 points over the accreditation pass mark and sets a benchmark for Financial Services.

By certifying, Centrus has set a framework for continuous improvement. In order to maintain certification, companies must undertake the assessment and verification process every three years, demonstrating they are still meeting B Lab’s standards. In addition, Centrus want to use its certification to aid and encourage clients and peers on their own sustainable business journeys. 

Click here to view our full impact assessment score. 

“As a B Corp in the Financial Services industry, we’re proud to be counted among businesses leading the global movement for an inclusive, equitable and regenerative economy. 

For us, B Corp certification has been a 3-year journey packed with learning and sharing.  We are incredibly proud to be certified and this certification shows that we are using our business as a force for good”

George Roffey, Chief Sustainability Officer – Centrus

We have embedded sustainability in every operational component of our work and shout about it across our value chain. Our services help the financial viability of other purpose-driven enterprises and our sectors of operation have a tangible impact on the environment and on society. 

At our recent company away day, Centrus employees signed a copy of ‘The B Corp Declaration of Independence’, acknowledging our commitment to key principles and beliefs of the community of B Corps around the world.

For more information on the Centrus sustainability commitment, or on the B Corp Certification, please contact George Roffey, Chief Sustainability and People Officer at Centrus.

Webinar: Ofgem launch tender process for OFTO assets worth up to £2 billion

Centrus is pleased to announce that our Consortium is advising Ofgem on the sale of transmission assets related to offshore wind farms under the Tender Round 10 process, with a combined capital value of up to £2 billion. 

The tender process for the Offshore Transmission Owner (OFTO) assets associated with:

  • Neart na Gaoithe Offshore Wind Farm
  • Dogger Bank A Offshore Wind Farm
  • Moray West Offshore Windfarm 

Launch Webinar: Thursday 26 January 2023 10:00 – 12:00

For those interested in this investment opportunity, please CLICK HERE TO REGISTER

Speakers from Ofgem and the wind farm project developers, will describe the OFTO investment opportunity and introduce the three assets being brought to market in TR10. Following the presentations, you will have the opportunity to pose questions to our expert panel.

The registration form invites you to submit questions in advance. Please use that chance to ask any questions you may have before the event.

For more information, please contact Adam MacDonald, Managing Director – Centrus

Corelink team attend West Midlands Train Launch

Jacqui Nelson and Ed Spracklen from Centrus were delighted to attend the launch event, on 14 October, of the Class 196 multiple unit fleet built by CAF and financed by Centrus’s client, Corelink Rail Infrastructure Limited. Corelink is leasing this fleet to West Midlands Train. The train will enter passenger service shortly.

Corelink was established in 2017 to own and lease the Class 196 fleet and two fleets of Alstom Class 730 Aventra multiple units.  The total acquisition price of the rolling stock was c£680 million. The Aventra fleets are under construction and delivery of Aventra units to Corelink has commenced.

The Centrus team structured and closed the financing in December 2017 and Centrus has continued to act for Corelink in managing the construction phase and commencement of leasing.

Centrus host titantreasury User Day 2022

On the 27th of September 2022, we welcomed a host of clients to our UK titantreasury User Day. Gilles Bonlong and Terena Williams from Centrus were joined by Alexis Paulet and Alexander Marage from 3V Finance to present the latest developments on the titantreasury platform, which will further enhance our client’s treasury processes and operations.

The day provided a fantastic opportunity to bring titantreasury users together, including discussions around cash management, interest rate risk and an ESG/Sustainability workshop led by George Roffey, Chief Sustainability Officer at Cenrtus.

titantreasury is our expert Treasury Management System (TMS) that offers financial departments and treasurers the best functionalities for monitoring and controlling operational market risk (rate, foreign exchange, commodities), credit and liquidity risks. 

To learn more about titantreasury, please contact Gilles Bonlong, Director – Centrus

David Craig joins Centrus Infrastructure Team as Director

Centrus is pleased to welcome David Craig into the Infrastructure Team as a Director.

With over 20 years of energy, utilities and infrastructure experience sitting across all sides of the transaction table as advisor, lender and principal sponsor, David has worked for leading firms both in the UK (pwc and Lloyds Banking Group) and most recently in Sydney for KPMG and Pacific Partnerships, the investment arm of the CIMIC Group, Australia’s largest infrastructure contractor.

Passionate about sustainability and the circular economy, David has been involved on a number of key renewable energy technology projects including onshore and offshore wind, solar PV, batteries, bioenergy and EfW as well as conventional generation and networks.

David’s experience of infrastructure has been focused on procurement, funding and delivery of complex large-scale projects often using innovative capital structures to ensure value for money outcomes.

Centrus provides corporate finance advisory services to public and private companies in the UK and Europe such as Yorkshire Water, UK Power Networks, EDP Naturgas Energia, Mutual Energy, Nortegas, NationalGrid, Thames Water, Electricity North West, Northern and Red Funnel. We also have strong working relationships with financial sponsors such as JP Morgan, Infracapital, FSI, DWS.

Centrus has supported clients across a range of infrastructure advisory mandates including strategic advice across capital structuring, whole business securitisation, credit ratings, restructuring and re-packaging of complex derivatives amongst other specialist subjects, and have now expanded its merger and acquisitions execution capabilities.

Centrus Celebrate 10 Year Anniversary

On the 22nd of June 2022, the Centrus team were joined by colleagues, clients, family, and friends to celebrate our 10 year anniversary at Sea Containers, London.

Looking back on the last 10 year, Phil Jenkins, co-founder and Managing Director at Centrus said:

“The last 10 years has been quite a journey, made possible by the great people who have worked on the team over that time, past and present, our fantastic and loyal clients who have put their trust in us. 

We are proud of the business we’ve built, our ethos, team culture, and the positive impact we have had both through our day to day work and via Centrus Communities. We are doubling down on this as we continue to focus on our core theme of financial solutions for Sustainability, Real Assets and Essential Services”. 

You can watch the video above for highlights of the evening – thank you to all our guests for an incredible celebration.

New Chief Sustainability & People Officer at Centrus

George Roffey is taking on the new position of Chief Sustainability & People Officer at Centrus

This role aligns the commitment to our people with the integrity of using our platform for positive ESG impact.

To sustain your purpose, you need to sustain your people.

At Centrus we have brought our HR and our sustainable business responsibilities together.  The range of work across these two elements is simply vast and both will benefit substantially from a coordinated approach.

Back in 2016, Corporate Social Responsibility (CSR) was the acronym en vogue, and in my experience, it was making good strides in community work but was too often a side of the desk effort.  It was only just starting to nod its head towards broader social impact, or the climate crisis and it was hardly ever in the same room as financial performance.  Under the new ESG acronym, it has thankfully now passed an inflection point.

Evidence, learning, ideas, sharing, goals, science, regulation are just some of the things helping and even more crucially, increased demand has shifted the momentum. I sometimes refer to ESG as the David Attenborough effect – something in which every generation is now motivated to play their part.

The sustainability ambition at Centrus was a core founding principle that first attracted me to working here 5 years ago; ‘Build a sustainable group to help the essential sectors in which we operate’. I was reading Waste to Wealth: The Circular Economy Advantage at the time (thank you Peter Lacy), and I was motivated to meet founders who wanted to use their financial expertise in a way that would have tangible impact on core sectors of the real economy.  I was motivated to meet founders who did more than pay lip service to helping change for the good.

Bringing this Together

Culminating the pieces that you can control through your platform of work is a decent starting point and in our service provision at Centrus we create products that bring financial and sustainability benefits – like ESG linked loans, bonds, and derivatives. In this service provision, people are our most valued asset and therefore linking HR and Sustainability on common ground better enables this asset.

Being valued and respected in the workplace and knowing how your role contributes to wider ESG Goals, is gold dust.  With this support and awareness, you are then very naturally an advocate of the mission externally and under this new role our people and business purpose are inextricably linked.

This will be no easy task, and there are so many pieces to the puzzle that each Centrus team member can fit to add tangible, positive momentum for the essential sectors in which we operate. I am excited to coordinate measurable progress.

George Roffey, CSPO