Great British Energy’s interim chief executive, Dan McGrail, is aiming to establish a clear list of investment opportunities before the end of his six-month secondment at the planned state-owned energy company.
Speaking to Energy Voice on his first day in the role, McGrail outlined his key objectives, emphasising the need to lay strong foundations for the company’s long-term vision.
“The steps we take over the course of the next six months have to lay the foundations of how we create that long-term vision,” he said.
According to McGrail, the GB Energy team has already identified potential areas for investment but is now focused on refining that list.
He said: “We want to ensure that, by the end of that period, there are transactions which, if they haven’t already been taken forward, are ready to be taken forward."
However, the company’s future remains contingent on the passage of the Great British Energy Bill, which is currently in its final stages. McGrail stressed the importance of being ready to act once the legislative framework is in place.
“We want to be ready to transact and to start investing in projects that will accelerate the energy transition within the coming months,” he said.
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