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Chief executive Stephen Fitzpatrick, 41, founded this energy provider in 2009 and it now supplies more than 1.5m households nationwide. Mitsubishi acquired a 20% stake in the Bristol company in February, valuing it at about £1bn. The cash injection will accelerate Ovo’s international expansion as well as the development of its technology for electric-vehicle charging and energy storage.

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Company details
CompanyOVO Energy
ActivityEnergy supplier
Sales £m834
Profit £m19
Year endDec 17
Principal shareholdersStephen Fitzpatrick (60%), Mitsubishi Corporation (20%), Mayfair Private Equity (10%), others (10%)

If applicable:

* Supplied by company † Annualised figure **Estimated