Bulb lands £60 million investment to strengthen energy tech team
Renewable supplier Bulb has secured a £60 million investment as it bids to strengthen its energy tech teams and target further growth.
Articles tagged with: Finance
Government completes new nuclear U-turn, confirms direct investment negotiations
Energy secretary Greg Clark ended weeks of speculation yesterday evening (4 June 2018) by making a statement before the House of Commons, confirming that the government had indeed entered into negotiations over the proposed development of the 2.9GW nuclear reactor at Wylfa Newydd.
Citizens Advice wades back into network costs row with controversial new report
The Citizens Advice Bureau has once again stoked a war of words surrounding network costs by publishing a new report claiming to uncover regional disparities in how costs are passed onto consumers.
Energy giants put pressure on UK/EU negotiators over Brexit
The heads of some of Europe’s most significant energy companies and associations have urged the UK and the European Union to place continued energy alignment as a priority during Brexit negotiations.
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RWE pursuing E.On deal ‘with resolve’ as Macquarie enters the fray
German power giants RWE and E.On confirmed they have reached a contractual agreement for their proposed major asset exchange, but a late expression of interest from Macquarie could yet scupper the deal.
Global power associations demand policy support for ‘profound’ energy transformation
Four of the world’s leading electricity associations have today urged policy makers to support the “profound transformation” occurring within power networks across the globe.
Origami closes £18.6 million financing on back of ‘major’ investment from Aggreko
Energy tech firm Origami Energy has raised more than £18 million in Series B funding, including participation from on-site power specialist Aggreko.
Controlled ambition key as Ofgem seeks industry guidance on RIIO successor
Ofgem stressed that it will need the help of industry if it is to strike the right balance between enabling the energy transition and keeping costs to within acceptable limits, as it designs the second set of network cost controls.
Supply market headwinds blow Good Energy on course for ‘exciting position’ in decentralised energy
Good Energy is to pivot its core business towards energy services instead of supply, an area which it sees as the “future value” of the energy sector as the clean energy transition continues.