Yorkshire Gas and Power aiming to double revenues and create new jobs
Commercial energy supplier Yorkshire Gas and Power (YGP) has announced its intention to double revenues over the next three years and create new jobs across Yorkshire.
YGP has outlined plans to increase its Yorkshire workforce by 13 per cent over the next 12 months, with a particular emphasis on creating opportunities for graduates and young people entering employment.
The recruitment programme will include immediate vacancies within the firm’s Energy Operations Rotational Graduate Scheme, with further positions within a business-wide graduate programme commencing in September 2027, as well as roles designed for school leavers.
Speaking on the recruitment drive, David Ballantyne, managing director and CEO of YGP, said: "Our ambition is to double revenue over the next three years, and investing in talented people will be fundamental to achieving that growth.
"As a Yorkshire business, we're committed to creating opportunities in the region, particularly for graduates and young people taking their first steps into employment.
“We want to provide meaningful career pathways that allow people to develop, progress and build long-term careers with us, while ensuring we have the skills and expertise to support our next phase of expansion."
It comes as the Leeds-headquartered company topped the Financial Times and Statista Europe's Long-Term Growth Champions 2027 list, which recognises the 300 European businesses achieving the highest levels of sustained revenue growth over a decade.
The business has achieved an average annual revenue growth rate of almost 99 per cent over the past decade, transforming from a start-up into a national commercial energy supplier.
Almost a third of YGP's workforce is under 30, while more than 10 per cent of employees have entered the business through graduate, placement or school-leaver programmes.
Mr Ballantyne added: "The energy sector has faced significant challenges over the past decade, but our commitment to investing in our people, strengthening commercial partnerships and making decisions for the long term has enabled us to achieve sustained growth.
“We're immensely proud of what we've accomplished, particularly as an independent business with its roots firmly in Yorkshire."
"To be recognised as Europe's leading business for long-term revenue growth is an exceptional achievement and one that reflects the hard work of our people and the strength of the business we have built.”
Founder Rishi Raichura launched YGP from a bedroom in rented, shared accommodation in Leeds, initially investing £65 in a domain name and basic customer management software.