Finance

Harmony Energy Income Trust (HEIT), a major battery energy storage system (BESS) investment fund, has opened the second stage of its portfolio sale process, raising questions about the role of listed funds in the BESS market.

Brookfield has signed an agreement to take a 12.5% minority stake in four of Danish energy company and developer Ørsted’s UK offshore wind farms.

A new report examining how the UK financial sector can best support the UK’s future green ambitions has been launched by the Minister for Industry Sarah Jones.

The UK government has confirmed over £24 billion in private investment in energy projects, which is pegged to deliver growth in the clean energy sector and boost the nation’s economy.

European renewable energy firm Greenvolt Group has announced that its total available finance has increased to €400 million (£335,180,000).

Renewable energy firm ScottishPower has teamed up with top UK bank Santander to help make installing low-carbon technologies more affordable.

The UK Infrastructure Bank (UKIB) has made a major investment into subsea high voltage direct current (HVDC) cable manufacturer XLCC to support a new factory in Scotland.

Multi-utility network operator mua Group has secured a £100 million debt facility from three of the UK’s biggest banks.

UK Export Finance (UKEF) and KUKE, the UK and Polish export credit agencies, have guaranteed a €249 million (£213 million) loan to Turkish renewable energy investment company Kalyon Enerji.

Barclays is urging the government to address public sector funding challenges to make the UK an attractive destination for green investment.