Gwynt Glas offshore wind project strengthens development with partner Sumitomo
The Gwynt Glas offshore wind project has announced a significant strengthening of its joint venture with Sumitomo Corporation, joining as an equal partner alongside EDF power solutions UK and Ireland and ESB. Each partner now holds a 33.33% stake, while DP Energy continues to provide critical development support, leveraging its expertise in early stage project […]
Ofgem launches consultation on flexible funding rules for biomethane connections
Ofgem has opened a new consultation regarding proposed modifications to Special Condition 3.21 of the gas transporter licence, aimed at introducing greater flexibility for biomethane connection funding across corporate groups. Published on 10 August 2026, the consultation focuses on shifting network-level Biomethane Connections Use It or Lose It (UIOLI) funding allocations to corporate-level allocations specifically […]
Econergy secures £42.7m financing for three-hour Immingham battery
Santander UK has provided approximately £42.7 million of project finance facilities for Econergy’s 80 MW / 240 MWh Immingham battery. EDF will optimise the project under two ten-year agreements that provide a minimum revenue floor… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Welsh ministers approve 100 MW Llŷr floating wind project
Welsh ministers have granted Section 36 consent to the 100 MW Llŷr 1 floating offshore wind project off Pembrokeshire. The approval followed a marine licence and arrived on the final day of the UK’s latest… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]