Finance and investment

Networks awarded £2.76m for successful innovation projects

SSEN announces £2.4m switchgear upgrade

Aberthaw B coal power station to close in 2020

Northumberland Council set to build £3m solar car port

From BP to British Gas – a biography of Iain Conn

Outgoing Centrica boss Iain Conn defends bonus pay

New investors take 50% stake in Electricity North West

Centrica CEO Iain Conn to step down after ‘challenging’ results

Centrica chief executive Iain Conn will step down from his role next year following challenging first half of 2019 which saw profits plunge. Conn said it was the right time to let someone else lead the "smaller customer-facing company which I hope to have largely delivered on by the time I leave"

EDF’s UK profits suffer in first half of 2019

EDF has attributed a 75.9 per cent drop in EBITDA in the first half of the current financial year to a “deterioration of conditions in the market”, including the introduction of the cap on standard variable tariffs, suspension of capacity revenues and a downturn in nuclear generation.

Corbyn promises to invest £3.5bn in Mersey tidal power scheme

Jeremy Corbyn has pledged to invest £3.5 billion in the Mersey Tidal Power Project if Labour comes to power.

Railside solar farms ‘shot in the arm’ for community energy

Utility Week project roundup w/c 22 July

Utility Week takes a look at the various projects happening in the sector.

Greencoat sees further wind investment opportunities

Greencoat UK Wind has revealed it sees “further opportunities for investments” following the government’s recent pledge to reach net-zero emissions by 2050.

United Utilities receives fair tax accreditation

North West Water supplier United Utilities has become the latest company to receive a Fair Tax Mark which ensures it is paying its way in taxes.

Several winding up petitions filed against Solarplicity