OVO seals £500 million swoop for SSE supply division
OVO Energy is to acquire SSE’s energy supply division in a £500 million deal.
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Articles tagged with: Investment
Government EV charging fund to kick off with Masdar-backed spend to double rapid charging network
The UK government has formally unveiled its new £400 million Charging Infrastructure Investment Fund (CIIF), boasting a maiden investment from UAE renewables investment group Masdar.
Octopus acquires German digital energy supplier 4hundred as global expansion continues
Octopus Energy has continued its international expansion, acquiring the German green energy group 4hundred for an undisclosed fee.
Bristol launches ambitious £1 billion net zero energy finance bid
Bristol has launched an ambitious plan to raise up to £1 billion of investment to turn it into the UK’s first carbon neutral city.
Scottish government unveils £3 billion investment portfolio in slew of green finance policy
The Scottish government has unveiled a host of green finance policies set to kick-start its journey towards a 2045 net zero.
Gresham House aiming to sate UK demand for grid-scale batteries with Noriker deal
Gresham House said that it was perfectly poised to cater for growing demand for grid-scale batteries in the UK, revealing it had acquired a minor stake in battery project developer Noriker Power.
Innogy Ventures invests in mobility data firm Teralytics
Innogy Ventures has invested in mobility data specialist Teralytics, contributing towards the firm’s US$17.5 million funding round.
Centrica boss to depart following profit collapse, slashed dividend
Centrica chief executive Iain Conn will leave the utility next year, it has been confirmed, after the company reported a near halving in operating profits.
Electricity North West confirms 50% stake sale
Institutional investors in Electricity North West (ENW) have agreed a deal to sell a 50% stake in the business, bringing an end to a long-running strategic review.