Green energy giant Octopus Energy has taken a 47,000 sq ft site on the outskirts of Hinckley to provide storage and distribution facilities for customer orders of heat pumps and solar panels. The base, next to Junction 1 of the M69, will also act as a national training centre for its installation engineers.

The move makes Octopus the fourth significant occupier of Hinckley Park, after Amazon (which has a 532,500 sq ft unit), DPD (which has almost 320,000 sq ft of space) and civil engineering materials supplier Geosynthetics.

The unit taken by Octopus has capacity to provide electric car charging for every parking space and is being delivered as net zero during construction and net zero ready during occupation. It also comes with solar panels.

The west Leicestershire location of Hinckley Park has already helped its tenants bring in more than 1,500 workers.

Harry Goodman, development manager for IM Properties said: “This is another great name to add to the occupier list at Hinckley Park and is testament to our commitment to creating top-tier industrial spaces that meet the needs of innovative and forward-thinking companies like Octopus Energy.”

The final speculatively built unit to be constructed on Hinckley Park is Hinckley 340 which will practically complete in early 2024.

Mr Goodman said: “Positioned within close proximity of key transport hubs and major cities including Coventry, Leicester and Birmingham, Hinckley Park offers access to a wide and diverse labour pool which is ideally suited to the occupiers we have attracted to date.”

IM Properties has developed more than 13 million sq ft of commercial space across the region, with 20 million sq ft of development land still in the pipeline.