Last Mile, a leading multi-utility infrastructure provider, today announces it has reached 1 million utility connections; a landmark milestone that signals the company’s sustained growth, resilience and the financial strength of its growing asset portfolio.
The figure comprises live connections across electricity, gas, water, wastewater and heat networks, managed by Last Mile at residential, commercial and industrial developments since its inception in 2002. From being granted the very first Independent Distribution Network Operator (IDNO) licence in Great Britain for electricity, to adding multi-award-winning low carbon solutions to its offering and attracting blue-chip investor backing, Last Mile has a long history of hitting significant milestones.
“Reaching 1 million connections is a significant moment for us, and it is thanks to the dedication of the people across our business who have made it possible,” said Richard Thomas, Last Mile CEO.
“Every one of those connections is the result of designers, engineers, operational colleagues, asset managers, and many others delivering reliable utility networks to our customers across the country, who put their trust in us for their projects. I’m incredibly proud of what our colleagues have achieved, in true partnership with our customers, and this momentum should give us real confidence as Last Mile looks ahead to its next chapter of growth.”
The 1 millionth connection was made at a service station in the West Midlands, with Last Mile adopting the infrastructure powering rapid EV charge points.
Last Mile operates as an end-to-end independent multi-utility provider, with capabilities in both infrastructure delivery and long-term network ownership. Alongside its live connections, the company has an order book of 710,000 new connections that it is designing, building and adopting. Recent flagship projects include: the multi-award-winning Welborne garden village in Hampshire, where it is delivering the UK’s first water-source heat network using reservoir water to heat and cool up to 6,000 homes; the Michaelston College redevelopment in Cardiff, the Welsh capital’s first housing project to use a ground source heat network; and Brabazon, in Bristol, one of the government’s seven designated new towns where it is delivering multi-utility connections.
The organisation’s ongoing growth is underpinned by blue-chip investors, Infracapital and Macquarie Asset Management, providing the financial platform for Last Mile to offer developers and ICPs innovative asset finance models and to invest in the long-term operation and management of multi-utility connections.
