Centrica Business profit up 900 per cent, challenges ahead
Centrica’s UK business division returned £40m profit in 2018, a 900% improvement after the collapse of 2017.
The company shed a further 9 per cent...
London calling for £500m energy contract
This spring, the London Energy Project will launch a tender for up to £500m worth of energy per annum for public buildings and street...
Etix secures 45MW of power for Icelandic data centre expansion
Etix Everywhere Borealis, part of Etix Everywhere and Etix Blockchain, has signed new power contracts with Icelandic power providers, securing in total 45 MW...
Utilitywise calls in administrators
Utilitywise is in administration having failed to find a buyer or raised enough money to stay in business.
The company will immediately close its enterprise...
Npower to cut 900 jobs
Npower is to cut 900 jobs, 14 per cent of its workforce.
The company blamed tough market conditions, the price cap and intense competition on...
Dual chemistry: the best of both worlds?
GS Yuasa Battery Europe has helped to develop what it describes as ‘the world’s first container-based energy storage platform’, where lead acid and lithium-ion...
Yü Group says losses no worse than expected, share price doubles
Share values for business energy supplier Yu Group doubled in early trading after the company said losses for the full year 2018 would be...
Inspired to post higher profit and debt after busy 2018
Third party intermediary Inspired Energy expects to post a 21% revenue increase and 22% rise in adjusted profit before tax for the full year...
Ofgem to review small business energy market
Ofgem will launch a review of the microbusiness energy market this year. The regulator will examine whether to put in place similar protections for...
Utilitywise up for sale, seeks £10m to stay afloat
Utilitywise is seeking buyers. It needs £10m to fund a new strategy and renew its £25m credit facility which expires in April.
The company's share...
TPI Utility Alliance launches I&C division
Utility Alliance has opened another office and set up an industrial and commercial division. The TPI can now provide energy services across the business-to-business...
The Network Edge: Vertiv CEO outlines 2019 data center trends
The Network Edge is on the tip of our tongue as we discuss 2019 data center trends, writes Rob Johnson, chief executive officer at...
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...
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...
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...
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...
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...
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...
A powerful connection: delivering supply to KAO
KAO Data’s new £200m development required a dedicated and redundant 43.5MVA power supply. Managing costs and ensuring resilience was critical to the success of...