Australian finance giant Macquarie Group has concluded the contentious purchase of the UK Green Investment Bank for a total consideration of £2.3 billion.
Energy technology provider Utiligroup has been bought up by US investment firm Accel-KKR as the company seeks to enter the competitive European market and make its presence felt in the UK.
Flow battery provider redT will deliver a 1.08MWh energy storage project to support the distributed energy system in Cornwall and potentially take part in Centrica’s developing virtual energy marketplace.
Rolf Martin Schmitz, the chief executive of German energy giant RWE, has said his company is casting at least one eye on the UK energy market for future M&A activity.
The government’s long awaited strategy for meeting the UK’s carbon budgets currently “sits in a holding pattern” following the announcement of a general election in June, according to climate change minister Nick Hurd.
Six of the UK’s leading renewable energy trade associations have called on energy secretary Greg Clark to embrace low carbon sectors in the UK’s industrial strategy or miss the chance to take a strategic lead.
Western Power Distribution (WPD) has announced a new demand side response (DSR) service aimed at helping business customers generate revenues from their energy flexibility while managing constraints on the local network.
Activist legal group ClientEarth has threatened to pursue legal action against the government over its failure to publish its eagerly anticipated emissions reduction plan (ERP).
The proposed smart grid-focused joint venture between Siemens and German energy company Allgäuer Überlandwerk (AUW) can now go ahead after receiving European Commission approval.
