Innogy slashes forecast as npower woes deepen
German energy firm innogy has been forced to slash its earnings forecast for 2019, with its UK-facing npower business of increasing concern.
Articles tagged with: ovo
Mitsubishi-led consortium to snap up Eneco in £3.5 billion deal
A consortium featuring Mitsubishi and Japanese utility Chubu is set to buy out European energy major Eneco as Mitsubishi targets further European growth.
CMA launches investigation into OVO/SSE merger
The Competition and Markets Authority (CMA) has launched an inquiry into the proposed acquisition of SSE’s energy supply division by OVO.
OVO invests in energy marketplace Renewable Exchange
Energy technology company OVO has become a minority investor in clean energy marketplace Renewable Exchange.
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OVO seals £500 million swoop for SSE supply division
OVO Energy is to acquire SSE’s energy supply division in a £500 million deal.
OVO bolsters tech team with two senior hires
OVO Energy is boosting its tech credentials with the appointment of two new senior hires.
Turn UK into global hub for AI-powered decarbonisation, letter urges
AI will be “essential” to managing a decarbonised, decentralised system, according to a letter penned by some of the industry’s leading energy groups.
OVO in talks with SSE over supply business swoop
OVO Group is in discussions with SSE to acquire its UK-facing energy supply business, it has been revealed.
OVO invests in energy tech start-up Electron
OVO has invested in energy technology firm Electron, teasing that it is the first in a series of strategic investments.