Ecotricity has made a cash offer for Good Energy, valuing the company at £45.3 million excluding the shares it already owns, or £59.6 million when included.
All new fixed electricity contracts for SSE business customers will now include 100% renewable electricity as standard.
Good Energy has branded Ecotricity’s potential acquisition as a “highly opportunistic approach” following the latter making three indicative offers for the company.
Without immediate action from the government to clarify policies and introduce stricter regulation more urgently, the UK will miss its 2050 net zero goal, utility E.ON has warned.
E.ON has launched an electric vehicle (EV) salary sacrifice scheme following its company car provision going all electric in 2019.
COP26 president-designate and ex-energy secretary Alok Sharma has called for an end of international coal finance in a speech marking six months till the international climate conference.
E.ON’s UK business has returned to profitability after shifting all npower customers to the Kraken-powered E.ON Next customer service platform.
ScottishPower and Good Energy are calling for regulatory reforms to close what they have labelled as “loopholes” in the energy retail market that allow for greenwashing.
Octopus Energy and The Midcounties Co-operative are relaunching their community energy joint venture as Younity.