Manchester-based Bruntwood SciTech has welcomed Third Equation, a sustainable research and development company specialising in grid enhancing technology to enable a sustainable electricity grid, to its science and innovation campus Alderley Park, Chesire, where the company has established its new headquarters.

Bruntwood SciTech is the UK’s largest property platform dedicated to the growth of the innovation economy. It is a joint venture between Bruntwood, Legal & General and Greater Manchester Pension Fund.

Relocating from Edinburgh, Third Equation now occupies 6,400 sq ft of high-quality lab and office space.

The move signifies a major expansion for the company and reinforces Alderley Park’s growing appeal as a destination for green tech and energy businesses in the UK.

The new facility, which includes a state of the art laboratory with 1 MW enabled connection, will enable better collaboration and provide an ideal environment for demonstrating Third Equation’s products and prototypes to clients and investors.

Third Equation is an IP-led company specialising in sustainable energy grid management, focusing on solutions that improve the efficiency, capacity and sustainability of power distribution systems. The relocation to Alderley Park gives the company access to vital infrastructure, including a high capacity power supply essential for their research and development.

With the demand for electrical energy now on the rise, Third Equation’s IP and innovative technology solution addresses a growing need for increased power capacity into the national grid network. Their technology, which also enhances the quality of electricity provided to end-users, supports the UK’s transition to net-zero by enhancing the capability and capacity of the national grid.

At Alderley Park, Third Equation will join a cluster of over 250 science, innovation and technology focussed businesses, including firms like cancer research specialist CellCentric; agrochemical company Globachem Discovery; and global software developers SAP.

Mark Julian, associate director – commercial at Bruntwood SciTech, said: “Alderley Park has evolved into a diverse hub for science and technology businesses, increasingly attracting companies focussed on driving innovation across a range of sectors, including green tech. We are pleased to welcome Third Equation as a key player in our growing ecosystem.

“Our collaboration and expertise in designing their new lab has resulted in facilities tailored to support their success, demonstrating our commitment to fostering innovation in the sector.

“As Third Equation focuses on enhancing the sustainability and capacity of energy grids, their work will be vital in the country’s transition to net zero.

“The infrastructure we provide, including access to the high voltage power connections and collaboration opportunities with other industry experts and potential collaborators, will enable them to develop and showcase their technologies on a larger scale.

“Their move not only strengthens the innovative and forward-thinking community at Alderley Park but also supports the wider region’s ambitions to be a leader in sustainable energy solutions. We look forward to seeing the impact Third Equation will make and supporting them on their journey.”

Greg Dujon, CEO of Third Equation Ltd, said: “During our strategic review, we sought to optimise every aspect of our business, including location. We created detailed criteria, focusing on key factors such as grid connectivity, access to talent, proximity to customers, transport links, sustainability, and a great working environment.

“To justify the investment, we needed to meet at least 80% of these criteria. Alderley Park exceeded our expectations, making the decision to move straightforward. Today, we’re enjoying the benefits, with customers visiting our campus and our ability to showcase our latest technology in real-world conditions within our lab.”