OVO Energy is to acquire SSE’s energy supply division in a £500 million deal.
Octopus Energy has continued its international expansion, acquiring the German green energy group 4hundred for an undisclosed fee.
Portsmouth City Council is to close its would-be energy supply division Victory Energy after it failed to find a buyer.
Octopus Energy and Co-op Energy have agreed a significant strategic energy partnership which will Octopus take on more than 300,000 additional customers.
The growth potential of energy storage has drawn interest from some of the biggest names in energy and beyond. With the trend set to continue, Andy Colthorpe explores how three of the recent targets are faring under new ownership.
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.
Statkraft has moved to strengthen its position in Europe’s electric vehicle charging market, acquiring German chargepoint operator E-Wald.
Statkraft has moved to bolster its UK renewables ambitions with the purchase of onshore wind developer Airvolution Clean Energy.
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.