energy supply

Nigel Pocklington, Good Energy CEO (above). Image: Good Energy.

January 20, 2022

Good Energy completes sale of renewables portfolio as it doubles down on energy services strategy

Good Energy has sold its wind and solar farms to Bluefield Solar Income Fund for up to £24.5 million as it focuses on mobility and energy services.

Origin ‘upgrades’ FY2023 energy market outlook due to strong contribution from Octopus Energy. Image: Octopus Energy.

January 19, 2022

Octopus teams up with Horizon Energy Infrastructure for B2B smart meter rollout

Octopus Energy has chosen Horizon Energy Infrastructure as its sole non-domestic meter asset provider, building on the existing relationship between the two.

December 22, 2021

Good Energy issues profit warning as low winds and 'stratospheric' gas prices bite

Low winds over December are expected to lower Good Energy’s full year profits by a further £3 million.

The report cautioned that the increased risk to investors in new generation energy capacity paired with the cost of capital involved in implementing an LMP system could negate any potential benefits. Image: Getty.

November 5, 2021

Energy supplier market shrinks by over half as further ‘tough times ahead’

The number of domestic energy suppliers has fallen by over half from 47 to 25 since the start of 2021.

The Vulnerability Commitment’s signatories include Octopus Energy

November 4, 2021

Ofgem confirms collapse of four more energy suppliers

Omni Energy, MA Energy, Zebra Power and Ampoweruk are the latest suppliers to go under as the supply market continues to shrink.

Hudson Energy Supply UK was rebranded as Shell Energy in 2020. Image: Shell Energy.

October 22, 2021

Shell Energy appointed as Supplier of Last Resort for Goto Energy

Shell Energy has been appointed by Ofgem to take on the customers of Goto Energy following the announcement of its closure earlier this week.

September 23, 2021

Ecotricity secures just 2.5% of Good Energy shares following upped offer

Ecotricity’s upped offer for Good Energy has led shareholders to sell just 2.5% of shares.

September 21, 2021

Ofgem revokes Nabuh Energy’s electricity supply licence

Ofgem has revoked the electricity supply licence held by Nabuh Energy over unpaid debts.

So Energy no longer exploring additional funding options after return of a 'more stable market'. Image: ESB.

August 27, 2021

ESB Energy merges with So Energy to form UK's 'next big green' supplier

ESB Energy has taken a 75% stake in challenger energy supplier So Energy, with the two businesses to merge under the latter’s brand.

July 22, 2021

Ecotricity makes £45.3m bid for Good Energy

Ecotricity has made a cash offer for Good Energy, valuing the company at £45.3 million excluding the shares it already owns, or £59.6 million when included.

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