SSE-innogy appoint CEO for proposed joint UK energy company

Katie Bickerstaffe is currently the Chief Executive of Dixons Carphone UK and Ireland business

Full throttle for 353MW UK offshore wind farm

Galloper Offshore Wind Farm consists of 56 turbines and have the capacity to power 380,000 homes

E.ON to acquire innogy in asset-swap with RWE

A new deal between the German utilities will see E.ON focus on energy networks while RWE takes over the companies’ renewable units

Acid attack on CFO of German energy firm innogy

The police said Bernhard Günther suffered “severe injuries” but is currently stable

SSE and npower agree domestic energy merger

SSE and npower have agreed to merge their domestic businesses to form a new energy giant. SSE’s shareholders will hold 65.6% of the stake in the new energy company while innogy, npower’s parent company, will hold a minority interest of 34.4%. innogy will also receive a break fee of £60 million if SSE’s shareholders fail […]

innogy now sole owner of £2bn UK offshore wind farm

German energy firm innogy has become the sole owner of an 860MW offshore wind project in the UK. It has bought Statkraft’s 50% stake in the Triton Knoll project, which is expected to generate enough electricity to power 800,000 homes. The £2 billion wind farm, which will be located 32 kilometres off the coast of […]

SSE and Statoil team up for UK offshore wind projects

SSE has formed a joint venture with Norwegian firm Statoil to drive forward the Dogger Bank Offshore Wind projects. The 50:50 partnership will see both companies work collaboratively to progress three of the four consented projects towards financial investment decisions. That includes the Dogger Bank Creyke Beck A and B and Dogger Bank Teesside A, […]

Innogy, Statoil and SSE in 4.8GW UK offshore wind split deal

Innogy, Statoil and SSE have signed an agreement for interests in an offshore wind development project in the UK. The Dogger Bank development consist of four offshore projects – Creyke Beck A and B and Teesside A and B. Following the agreement, Statoil and SSE will own 50% each in Creyke A and B and […]

Innogy sets up new EV business

RWE’s Innogy has announced it will launch a new business unit for electric vehicles (EVs). Its new eMobility business unit aims to become a leading provider for charging infrastructure for EVs in Europe and the US. Innogy claims it already operates one of the largest charging networks in Europe and its experts are developing innovative […]

RWE’s profits drop by 13%

German utility RWE has reported a 13% fall in earnings during the first three quarters of the year. It’s EBITDA during the same period has been €3.8 billion (£3.26bn), according to the firm. Its operating results amounted to €2.1 billion (£1.80bn), a 20% drop year-on-year, while its adjusted net income was €227 million (£195.22m) which is […]