Scotland launches £4m oil and gas decommissioning fund

Industry reports suggest £15.3bn is forecast to be spent on the UK Continental Shelf until 2027

Finnish fund targets 850MW of renewable energy capacity

It will invest in a diversified portfolio of ready-to-build utility-scale solar and wind projects in Europe and the US

New £100m fund to maximise offshore wind opportunities for UK firms

The Offshore Wind Growth Partnership is expected to support more than 650 companies across the country

Government consults on creation of industrial energy efficiency fund

It is inviting views on the design of the £315 million Industrial Energy Transformation Fund

Solar panel
AMP Clean Energy and Eden Sustainable launch subsidy-free solar partnership

The organisations already have a 30MW pipeline in place, representing around a £10 million investment

Ofgem considers further action to make URE Energy pay renewables fine

The supplier failed to pay into a fund when it did not source the required proportion of electricity from renewable sources

Clean energy fund launch announced

A specialist investment advisory firm is to launch a clean energy fund on the 1st of December. Gravis Advisory Limited says its VT Gravis Clean Energy Income Fund will be made up of investments in renewable power generation, large scale battery storage and pollution reduction. The company claims it will provide investors with a regular […]

UK invests half a million on taking out the trash

The government has announced a £500,000 fund to help communities tackle littering. The Government Litter Innovation Fund will help support the development of innovative new approaches for slashing the amount of rubbish ending up in the natural environment. This will include actions ranging from behavioural research for better positioned bins and recycling points to digital technology […]

World’s first offshore wind fund assets pass £1bn

The world’s first dedicated offshore wind energy fund has passed its £1 billion asset target. The Green Investment Bank Financial Services (GIBFS) Offshore Wind Fund hit the milestone with the acquisition of its sixth asset, a 44% stake in the Lincs wind farm off the coast of Skegness. The share in the 270MW site was bought for […]

Ex-Centrica boss heads $5bn oil and gas fund

The former boss of UK energy company Centrica is to head a new $5 billion (£3.3bn) fund to buy oil and gas assets globally. London-based Neptune Oil and Gas is backed by private equity firms Carlyle Group and CVC Capital Partners. It will focus on investing in large-scale fields and companies in the North Sea, […]