Econergy secures £42.7m financing for three-hour Immingham battery
August 11, 2026
Santander UK has provided approximately £42.7 million of project finance facilities for Econergy’s 80 MW / 240 MWh Immingham battery. EDF
Finance & Legal
DNO targets Genel as Ratio regains lead in Pharos bidding war
August 10, 2026
Genel Energy has rejected a possible 69p-a-share offer from DNO that values the company at approximately £202 million. Ratio Petroleum has
RWE accepts $1.22 billion settlement to abandon US offshore wind leases
August 7, 2026
RWE will relinquish three offshore wind leases near New York, California and Louisiana after concluding that they have no foreseeable route
Harbour Energy raises output and cash forecasts after record first half
August 7, 2026
First-half production reached a record 509,000 barrels of oil equivalent a day, prompting Harbour to lift its full-year guidance. The company
Great British Energy backs Naked Energy with £7.5 million investment
August 7, 2026
Great British Energy is investing £7.5 million in renewable heat company Naked Energy alongside existing shareholder Barclays Climate Ventures. The £8.875
Essar Energy Transition expands financing as Stanlow transition projects approach FID
August 6, 2026
Essar Energy Transition has expanded a receivables financing facility from $150m to $350m, with NatWest joining ABN AMRO as an equal
Denmark’s redesigned auction secures 1.8 GW of offshore wind
August 5, 2026
Vattenfall has won contracts for the 1 GW North Sea I Mid and 800 MW Hesselø developments. Winning prices were DKK504/MWh
BP puts $4.1 billion Archaea acquisition up for sale as profits more than double
August 5, 2026
BP will market its US biogas business four years after acquiring it for an enterprise value of $4.1bn. Underlying replacement cost
Shell agrees sale of 4 GW European renewables portfolio to TotalEnergies
August 3, 2026
Shell has agreed to sell its European onshore renewables business, comprising 500 MW of operating and construction-stage assets and a 3.5
ENGIE raises outlook as UK Power Networks begins delivering earnings
August 3, 2026
ENGIE raised its 2026 earnings guidance after H1 EBIT excluding nuclear increased 3.3% to €5.3 billion. UK Power Networks contributed €180
