E.On has reported strong performance from its renewables and networks divisions, but cited “unrelentingly fierce competition” in European supply markets for sliding returns from its solutions arm.
Articles tagged with: Finance
The UK’s insurance giants are proposing regulatory tweaks which could help unlock billions of pounds of investment into clean energy projects.
Global finance giant Legal & General (L&G) has bought a share in EV charging supplier Pod Point, representing yet further investment activity in the UK’s electric vehicle space.
ScottishPower has lauded a “pivotal year” after its renewables business surged and its liberalised power supply business bucked the market trend to report a near trebling in earnings.
Zouk Capital, the government’s preferred bidder to manage the £400 million Charging Infrastructure Investment Fund, is to prioritise networks over associated technologies, the firm has told Current±.
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business.
Zouk Capital named preferred bidder to run government-backed EV Charging Infrastructure Investment Fund
Infrastructure fund manager Zouk Capital has been named as the preferred bidder for the government’s much-vaunted EV Charging Infrastructure Investment Fund (CIIF).
Energy tech firm Faraday Grid has received a £25 million investment from WeWork co-founder and chief exec Adam Neumann.
Italian utility Enel has launched a €1 billion green bond to finance new renewables, transmission and distribution networks and e-mobility projects.