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…

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Ofgem has issued Scottish Power with a provisional order and told it to pause disconnections because it is concerned that the supplier is not dealing correctly with customers. It cites: • SP’s apparent failure to consider its customer’s ability to…

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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…

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Taxpayers will pay up to £9 billion a year extra under the Energy Price Guarantee scheme because of government’s 2013 decision to cut support for home insulation, according to new analysis by the Energy and Climate Intelligence Unit. The savings…

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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…

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A £1 million investment in the power network around Windermere, Cumbria, will allow for installation of the first electric ferry on Lake Windermere. Electricity North West will start work upgrading and replacing 5.4km of underground electricity cables as part of…

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Good Energy made a pre-tax loss of £700,000 in the six months to end June 2022, compared to pre-tax profit of £4.8 million in the period in 2021, according to interim results published today. That included an £800,000 loss in…

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Ofgem has sounded a warning to Utilita that it must improve its practices to support customers on pre-pay meters who are at risk of so-called ‘self-disconnection’ and report to the regulator on changes to its practice and its call centre…

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Infrastructure fund JLEN has invested £26.7 million in a commercial glasshouse project that will be supplied with heat and power via private wire from an existing anaerobic digestion plant also owned by JLEN. The consented 2.1 hectare glasshouse will be…

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NextEnergy Solar Fund (NESF) is seeking investor support to change its investment policy to allow it to invest more in battery storage. The strategy change came as NESF and Eelpower Limited have announced a new £200 million joint venture for…

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