News

RES wins approval for Welsh wind+storage project

RES has received approval for a combined wind and storage project at Upper Ogmore, Blaengarw and Nant-y-Moel in Bridgend, Wales. The 25MW project is the first onshore wind project to be considered under the Developments of National Significance planning process.…

Octopus makes further offshore wind investment

Octopus Energy Generation is acquiring a further 15.5% stake in the 270MW Lincs offshore wind farm on behalf of the Sky fund and Octopus Renewables Infrastructure Trust. This increases the team’s total stake in the wind farm to 23.25%. Sky…

Solar PPA helps finance merchant wind plant for NTR

Two renewables facilities – Murley wind farm and Ockendon solar farm – have been refinanced by infrastructure investor and asset manager NTR in partnership with Rabobank, which provided £38 million of debt. NTR said it has brought the two projects…

‘Digital twin’ companies to merge

Two companies that provide industrial software for companies digitalising their engineering and operations are planning to combine. Schneider Electric took a majority stake in Aveva in 2018 and has made an agreed offer to acquire the remaining shares. The two…