 M-SParc, where the company is based | |
| Company type | Publicly-owned |
|---|---|
| Industry | Energy |
| Founded | 7 August 2023 |
| Headquarters | M-SParc, Anglesey, Wales |
| Owner | Welsh Government |
Ynni Cymru (Welsh for 'Energy Wales') is a publicly owned energy company of the Welsh Government, based in Anglesey, Wales. The company launched in August 2023, and it aims to support investment in Welsh community-owned renewable energy generation, although its full responsibility in the projects it funds are still to be determined.
Proposals for the company have been raised by Plaid Cymru since at least 2016, and was included in the 2021 Welsh Labour–Plaid Cymru agreement, which was followed by a commitment by the government to first explore the concept, and later to establish the company. The company currently funds eleven projects in Wales using grants under its name.
Ynni Cymru differs from Trydan Gwyrdd Cymru, a state-owned company launched by the Welsh Government in 2024, which is a renewable energy developer.[1]