Eon UK returns to profit for the first time since 2020 with £700m swing July 8, 2024 The UK arm of energy giant Eon has returned to the black for the first time since 2020 after a swing of more than £700m.
Ovo Energy mulls sale as bankers set to be brought in June 30, 2024 Ovo Group, the UK's fourth largest energy supplier, may be bringing in bankers to explore possibilities including new investors or a sale.
Octopus Energy-backed EV charging network Be.EV raises £55m June 26, 2024 EV charging network Be.EV, which is backed by Octopus Energy, has raised £55m from Natwest and Germany's KfW IPEX-Bank.
Drax Group to sell 90,000 metre points to EDF Energy June 26, 2024 British power firm Drax has announced it will sell up to 90,000 customer meter points to EDF Energy after a strategic review of its energy supply business.
Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse June 21, 2024 Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.
Election 2024: Former Tory tsar to vote for Labour June 21, 2024 The former Tory net zero tsar Chris Skidmore has revealed he will back Labour at the July 4 general election.
Will it work? GB Energy June 20, 2024 Labour has pledged £8.3bn for a new energy investment vehicle, GB Energy. But will it work? Sam Fowles investigates.
Advanced Energy pulls out of XP Power pursuit June 18, 2024 US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.
Election 2024: Labour will seek mandate for growth with ‘wealth creation’ manifesto June 13, 2024 Keir Starmer will seek a “mandate for economic growth” as he unveils Labour’s election manifesto, pledging to “be the party of wealth creation”.
British Gas owner Centrica helps back £300m UK energy first June 13, 2024 Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.