Global Tech Leader Hitachi Energy Chooses Alpha Tower for New Bespoke Workspace

By Anushka Malhotra

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Investment

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Quick Read: Global technology giant Hitachi Energy has finalized a ten-year lease for a customized 7,000 sq ft workspace at Birmingham's Alpha Tower. The move reflects Hitachi Energy's commitment to advancing sustainable energy solutions, and the bespoke design by CEG aligns with the company's focus on innovation and a high-quality work environment.

In a significant move, global technology powerhouse Hitachi Energy has secured a ten-year lease for a tailored 7,000 sq ft workspace in Birmingham's iconic 28-storey Alpha Tower. The agreement with CEG includes a custom office design and fit-out, providing Hitachi Energy with a cutting-edge environment.

Photo Credits: CEG

The Alpha Tower offers on-site amenities such as a café, wellness studio, gym, leisure club-style facilities, and a cycle spa. Laura Fleming, Country Managing Director for Hitachi Energy, expressed delight in moving to the heart of Birmingham to advance sustainable energy goals, emphasizing the high-quality, contemporary space designed by CEG.

Richard Brookes, Investment Manager at CEG, highlighted the growing demand for bespoke workspaces that attract and retain talent. As the landlord, CEG manages the entire process, ensuring efficient, productive, and sustainable spaces while offering cost savings and budget certainty for tenants. The move reflects Hitachi Energy's commitment to a sustainable energy future and aligns with Birmingham's dynamic business landscape.

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What's new

West Midlands Health Tech Innovation Accelerator Unlocks Nearly £50M in Private Investment

The West Midlands Health Tech Innovation Accelerator (WMHTIA), led by the University of Birmingham, has generated an impressive £49.4 million in private co-investment within its first two years, significantly surpassing its original £14.5 million public funding allocation.

Funded through the Innovation Accelerator programme, coordinated by Innovate UK, the Department for Science, Innovation and Technology, and UK Research and Innovation, WMHTIA has become a leading force in advancing health technology innovation across the region.

The majority of the private investment—£36.3 million—was directly committed by investors to enterprises supported by the Accelerator. This achievement represents a threefold return on the initial public investment, demonstrating the strong investor confidence in the region’s health tech sector.

Powering Health Innovation Through Collaboration

The WMHTIA brings together 21 partners from academia, industry, and the NHS to help healthtech companies develop, validate, and commercialise cutting-edge medical technologies. So far, companies supported through the programme have also secured an additional £10 million in national public grants from agencies including NIHR, Eureka, and Innovate UK.

Including both public and private contributions, the total investment leveraged by WMHTIA now stands at £67.3 million.

Professor Adam Tickell, Vice-Chancellor, University of Birmingham:

We’re proud to support startups through the riskiest stages of innovation so more life-saving technologies reach patients. This exceptional investment proves what’s possible when academia, the NHS, and industry work together to drive economic growth and better health outcomes.

In March 2025, the Innovation Accelerator programme was extended with a further £30 million, including £4 million for the WMHTIA to continue supporting the region’s innovators in 2025/26.

Backing the Future of Health Tech

Richard Parker, Mayor of the West Midlands:

The West Midlands is leading medical tech innovation—from faster diagnoses to shorter hospital stays. Healthtech isn’t just improving lives; it’s creating secure, high-value jobs that drive inclusive growth.

Dean Cook, Executive Director of Place and Global, Innovate UK:

This programme shows how place-based innovation can unlock greater business investment in R&D. By connecting the region’s strengths, we’re creating high-value jobs and building globally significant innovation capability.

The WMHTIA continues to strengthen the region’s reputation as a national hub for health technology, with far-reaching benefits for patient care, job creation, and regional economic development.

By Anushka Malhotra

24 Jun