News

Roosecote battery enters service

Centrica Business Solutions has brought online its 49MW battery at Roosecote battery in Cumbria. It is part of Centrica’s £180m investment into flexible power which also includes a refurbishment of King’s Lynn power station, plus two fast response gas-fired power…

What now for the Capacity Market?

When the European Court of Justice set aside GB’s Capacity Market (CM) in November saying it was illegal state aid, it took the industry entirely by surprise. Even those who were aware that the hearing had taken place, back in…

Moody’s downgrades SSE

Rating agency Moody’s has downgraded SSE’s rating from A3 to Baa1. It has also downgraded SSE’s hybrid notes (from Baa2 to Baa3). The rating agency began a review in September, after SSE’s announced  losses in its energy trading division, and…

Wathegsr 2 wind farm changes hands

BayWare has sold its Wathegar 2 wind farm to the British Strategic Investment Fund LP (BSIF), which is managed by London-based specialist asset manager, Gresham House Asset Management. The wind farm has a capacity of 18.45MW comprising nine 2.05MW Senvion…