Maxen Power to make £1.65M redress payment

Maxen Power – an energy company supplying more than 10,000 non-domestic customers – has paid £1.65 million for customer service failures. Ofgem found that third-party representatives were able to sign up new customers without their consent, by claiming to work…

EBRD to fund gas engines for Ukraine

The European Bank for Reconstruction and Development (EBRD) is lending €80 million to Ukrainian state-owned oil and gas company Ukrnafta to finance supply and installation of small gas-fired distributed power and co-generation plants around the country. The project, which will…