Mitie posts profit rise, buys Interserve FM unit, continues EV push

Buildings services firm Mitie, on track to operating the UK’s biggest corporate EV fleet, today confirmed its £271m takeover of rival Interserve’s facilities management...

SEEIT energy efficiency fund placing oversubscribed, raised to £110m

Listed energy efficiency fund SEEIT has increased a placing to £110m after the initial £60m sought was oversubscribed. "In light of our offer being significantly...

SEEIT energy efficiency fund shakes off Covid, eyes big buys

Listed energy efficiency fund SEEIT is eyeing £300m worth of asset buys and said it is in “advanced negotiations” for three developments valued over...

Decarbonisation as a service: Mitie touts ‘zero carbon for zero cost’

FM firm Mitie is pushing decarbonisation as a service, promising it can help businesses hit net zero goals for net zero cost. The company claims...

EnergyPro seeks £2m to open India energy market to UK firms

EnergyPro Asset Management is seeking £2m in equity funding as it bids to unlock the $12bn Indian energy efficiency market. Led by Steve Fawkes, the...

Elexon hit by cyber attack

Elexon, the company that plays a central role in the balancing and settlement of the UK power system, has been hit by a cyber...

Free smart metering white paper and webinar

Implementing smart metering systems does not always mean businesses need to replace the entire network, according to software specialist Comarch. The firm invites readers to...

Businesses need to prepare for time of use tariff changes

Changes to time of use tariffs for electricity network charges will kick in from April 2021. Chris Hurcombe, CEO of third party intermediary Catalyst...

Legal & General buys into heat pump firm Kensa

Legal & General Capital has acquired a 36 per cent stake in heat pump firm Kensa as it amasses a portfolio of companies aiming...

Mitie aims to double energy productivity

Mitie has committed to double energy productivity over the next 25 years and has joined the EP100 initiative, run by The Climate Group. The FM...

Education represents “huge opportunity” for energy efficiency as a service

Energy efficiency as a service appears to be gaining a foothold within the eduction sector, according to figures from a UK and Ireland provider. In...

Ofgem delays Triad cull

Ofgem has delayed killing off Triad avoidance until 2022. The regulator had intended a new charging methodology to come into force in 2021, but National...

Eight firms get funding to crack SME energy efficiency

Eight firms bidding to unlock greater investment and engagement in energy efficiency within small and medium enterprises (SMEs) have secured further government funding. SMEs account...

Atlantis lands grant for multiple tidal turbine hub

Simec Atlantis has landed a £1.5m grant to start building a subsea hub, where multiple tidal turbines can connect. The aim is to get more...

Coronavirus and the power system: Keep calm and put the kettle on

Energy companies have moved to reassure the public that our power system can cope with any impact from the coronavirus. Fears were raised earlier this...

Energyst’s Delivering Net Zero events pushed back to 27-28 October

The Energyst’s energy and electric vehicle events will now take place 27-28 October 2020 at Silverstone. The ‘Delivering Net Zero | Heat | Power |...

SMS sells part of metering book to Equitix for £291m

Smart Metering Systems has sold a chunk of its meters to Equitix for £291m. SMS said the disposal represents a minority of its assets...

Sainsbury’s drives down fridge consumption with F1 tech

Sainsbury’s has installed aerofoils based on Formula 1 technology on fridges at all of its UK stores, completing a rollout that began with a...

Be part of Europe’s largest energy conference

Bringing together the European business community and government organisations to create a cleaner energy future. Be part of Europe's largest energy conference! www.aeeeuropeenergy.com The AEE will...

Newly-launched BusinessEnergyQuotes.com to support businesses with energy comparisons

Newly-launched BusinessEnergyQuotes.com to support businesses with energy comparisons UK SME businesses are set to benefit from a brand-new, fully-online business energy pricing engine, after the...