Big Five: SSE-Npower merger clears competition hurdles
SSE and Npower's retail businesses will merge following the nod from the Competition and Markets Authority (CMA), bringing an end to the era of the...
Drax appoints new finance chief
Andy Skelton has been appointed as chief financial officer at Drax. His role will commence 2 January.
Drax, which owns the UK's largest coal and biomass power...
Total partners with Chargepoint to sell EV charging infrastructure to businesses
Total Gas & Power and Chargepoint have struck a deal to try to sell electric vehicle (EV) charging infrastructure to UK firms.
The announcement follows...
Large and medium sized firms pay highest power prices in EU
Large and medium sized companies in the UK have paid more for their electricity this year than any other EU 15 nation, according to...
Yü Group revisits accounts, posts loss, shares plummet
Business energy supplier Yü Group has revealed a hole in its accounts that will lead it to post a loss for the current year....
Leadership change as Inenco hires new CEO
Inenco, one of the UK's largest third party intermediaries, has hired Richard Harrison as chief executive. He replaces Gary Stokes.
Harrison was CEO of boiler...
Gazprom invites energy and procurement managers to Energise event
In this sponsored post, Gazprom invites energy and procurement managers to an event in Manchester to learn from industry experts, network with peers and...
Yü Group hires PWC and DLA Piper to conduct “forensic” review
Business energy supplier Yü Group has appointed PWC and DLA Piper to support a “forensic review” of business and accounts.
The company last month announced...
Toshiba shuts down UK nuclear plan
Toshiba has scrapped plans for a new nuclear power station in the UK. The company said it has been in talks with potential investors...
Risk mismanagement: More energy suppliers will go bust
He suggests they step back and define what they do.
“Many are not particularly clear if they are a service driven company whose product happens...
Utilitywise rebrands corporate division as EIC
Third party intermediary Utilitywise has split out its corporate division, rebranding it as Energy Intelligence Centre – or EIC.
The choice of name is interesting....
Spark Energy shuts down domestic supply business, keeps other businesses afloat
Selkirk-based Spark Energy Supply Limited has been closed down by its parent company. It had 290,000 domestic customers.
Other businesses within the Spark Group, such...
Energy from waste fires profit as Pennon mulls energy parks
Energy from waste continues to drive Pennon profit. The company predicts income growth for years to come as demand outpaces supply.
Earnings before interest, taxes,...
Energy sector ‘digitally behind the curve’, but way ahead of water industry
The energy sector accepts the transformational 'three Ds' of decarbonisation, decentralisation and digitisation – but suppliers are behind the curve on the latter aspect,...
Public sector procurement: Make it energy for good
Public sector energy procurement platform, Energy For Good, outlines its credentials in this sponsored post.
Energy For Good (EFG) is a market leading company dedicated...
Inspired to raise cash to buy fellow TPI Inprova Finance for £19.5m
Inspired Energy's acquisition spree shows no sign of relenting. The company has conditionally agreed a £19.5m cash deal for Inprova Finance and now seeks...
SSE-Npower merger scrapped
The proposed merger of SSE and Npower's retail businesses has been scrapped.
SSE said its board and that of Innogy's had been unable to agree...
Small businesses: Five things to ask your energy broker
Former Utilitywise director Andrew Richardson manages an energy price comparison and switching platform for small firms. For businesses that still use brokers, he suggests...
Drax completes £700m Scottish Power deal
Drax has completed its £702m acquisition of gas, pumped storage and hydro assets from Scottish Power parent company Iberdrola.
The deal was announced in October...
Business energy price rises: Use Pöyry Index to understand future energy costs
Pöyry has launched its Retail Energy Price Index to show industrial and commercial firms how market movements will impact their future energy bills.
In a...