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Aurora Energy Research is partnering with Oxford City Council in a bid to lease a new office space in the centre of the city.
The partnership will allow Aurora to continue operating its global headquarters out of the city centre, maintaining strong links to the firm’s university roots.
Oxford City Council will benefit from the income generated by the leasing, allowing it to fund a number of services that have been hit by the tough financial climate.
Final terms are agreed and the letting is close to completion. Aurora expects to open its new Oxford office at St Aldate’s Chambers in 2024, after signing a long-term tenancy agreement with the City Council.
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As Aurora has expanded, so has its Oxford headquarters: the company has occupied and outgrown five office spaces in the city since its inception. Its current base at Cambridge Terrace houses over 200 employees.
John Feddersen, Founder and CEO of Aurora Energy Research said: “Oxford is Aurora’s home. We operate in a competitive global knowledge industry, which plays a vital role in managing climate change.
”Central Oxford, which has been a mecca for the world’s smartest and most enquiring minds for centuries, is the natural place to locate.”
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