SSE and innogy have pulled the plug on the proposed merger of their respective supply divisions, with SSE concluding that it would not now be “in the best interests of customers, employees or shareholders”.
In the first of a series of predictions pieces running over the coming weeks, Fluence’s Marek Kubik and Open Energi’s David Hill offer their predictions as to what may happen in the energy sector in 2019.
Energy aggregator Limejump has struck a deal with NextEnergy Solar Fund (NESF), one of the UK’s largest solar asset owners, to trade 120MW of PV generation.
SSE and innogy have been forced to renegotiate and possibly delay the proposed merger of their supply divisions, laying the blame squarely at Ofgem’s looming price cap.
The proposed merger of the supply divisions of SSE and Npower has been given the all clear from the Competition and Markets Authority following a five-month investigation.
Utility firm SSE has selected Origami Energy to support the launch of a new virtual power plant which will provide flexibility services to its C&I customers.
Clean energy supplier and self-professed energy technology firm OVO Energy has unveiled an investment in German energy provider 4hundred as it bids to launch a European expansion.