Finance and investment

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Solar developer Anesco acquired by joint venture

Solar and storage developer Anesco has been acquired by Aksiom Services Group - a joint venture between the infrastructure services company Aksiom and the US-based private equity firm Ara Partners - for an undisclosed sum. Anesco has developed and constructed more than 115 solar farms and energy storage facilities, including the UK’s first subsidy-free solar farm.

4 years ago

Utility Week Explains: decision analytics for net zero and ESG

4 years ago

CMA orders National Grid to hold off from taking control of WPD

4 years ago

Ofwat warns of low awareness of financial support

4 years ago

Ecotricity sells rest of EV network to Gridserve

Gridserve has bought the remaining stake in Ecotricity’s Electric Highway less than three months after purchasing a minority stake in the business. The electric vehicle (EV) network was established in 2011 by the green energy supplier and it was revealed in March this year that Gridserve was to invest in the company and upgrade its charging infrastructure.

4 years ago

Turning off nuclear is a climate disaster

4 years ago

Khan defends London Power after criticism

4 years ago

How can utilities accelerate the UK’s journey to net zero?

4 years ago

Welsh Water unveils zero carbon 2040 target

4 years ago

Bristol deal ‘could bring WACC back into question’

4 years ago

Octopus warns UK disruptors may be forced to seek growth overseas

Octopus Energy chief executive Greg Jackson has told Utility Week the company may have to invest in growth overseas because of the slow pace of market reform in the UK. Jackson said he was animated by the future of energy but cautioned “I’m not excited about the pace of change and the market structures that disincentivise innovation”.

4 years ago

‘Only a matter of time’ before loyalty penalty ban in energy

4 years ago

Cost of retrofitting UK homes estimated at £524bn

4 years ago

United Utilities to sell renewable energy business

United Utilities has put its renewable energy business up for sale, with the process expected to commence in June. The water company said the disposal of its renewable energy assets - valued at £65.5 million - will allow it continue to benefitting from their output while reinvesting the proceeds in other low carbon projects.

4 years ago

The net zero investment trilemma: Scale, pace and sensitivity

4 years ago

SSE boss: Transmission constraints greatest risk to 2030 wind goal

4 years ago

Centrica calls for hybrid heating fund

4 years ago

CCW advocates ongoing customer engagement ahead of PR24

4 years ago

Rise in single men seeking bill support

4 years ago

EV charging ‘superhub’ to open in Oxford

A new electric vehicle (EV) charging superhub is set to open in Oxford later this year. The project, which will initially consist of 38 fast and ultra-rapid chargers, will provide up to 10MW of power on site and will scale up to meet the need for EV charging in the area over the next three decades.

4 years ago