Chinese lithium giant to buy 24% stake in rival for $4.1bn

The proposed deal between Tianqi Lithium and Sociedad Química y Minera will be subject to competition concerns

Investment firm buys 66.8MW of new UK solar

Nextenergy Solar Fund’s new purchase nets it 10 solar facilities worth a total of £58.3m

Green Energy Network UK buys Italian firm’s power unit

It will absorb the smaller energy firm on the 28th of June 2018, subject to the relevant authorisations

EU approves cable firm merger

Italian firm Prysmian is to buy US-based General Cable

EU approves Shell’s buyout of energy supplier

The EU has approved Shell’s plans to buy independent energy supplier Impello. The supplier services household customers in the UK and Germany, active under the brand First Utility. The approval means Shell will be able to enter the UK’s domestic energy market. Among other markets, Shell has activities in the trading and wholesale supply of […]

TELCA-winning firm bought out in new deal

A procurement services firm has bought a non-domestic energy consultancy. Inprova Group, which is based in Cheshire, has acquired West Sussex business Energy & Carbon Management (E&CM), which won ELN’s Consultancy of the Year award at TELCA 2017. E&CM provides energy broker and consultancy services, such as commercial gas and electricity procurement, energy risk management […]

Shell to go solar with new US investment

Shell has announced it is to acquire a 44% stake in a US solar firm. The energy giant announced it has signed an agreement with the Silicon Ranch Corporation, with consideration for the shares to be between $193 and $217 million, depending on the firm achieving its predetermined milestones. Shell’s interest includes an existing portfolio […]

Energy consultant acquisition complete

Lancashire-based LG Energy Group (LGE) has announced the acquisition of Liverpool firm Guild Energy. The energy consultation, intelligence and procurement business bought the gas and power advisors for an undisclosed sum. LGE Managing Director, Asif Rizvi, said: “The acquisition of Guild Energy further enhances our customer offering as the merger of mall and medium-sized enterprises […]

Business alliance signs hydro deal and announces green goal

A business alliance has signed a new hydropower deal as part of its new target to build 1GW of green power generation in the next three years. SIMEC Energy, which is part of the GFG Alliance, is to acquire clean power developer and operator Green Highland Renewables (GHR) from Ancala Partners. The acquisition of GHR, […]

EU approves scrap metal merger

The EU has approved the acquisition of a scrap metal processing and recycling business by a waste disposal firm. TSR Recycling will be bought and solely controlled by Remondis, who currently jointly manage the company with Alfa Acciai S.p.A. Both TSR Recycling and Remondis are based and operate from Germany. They both belong to the Rethman […]