investment

It is buying additional equity in the firm via an issue of new shares, taking its interest from 43% to 50%

That’s the suggestion from network operator SSEN, which has published a new report outlining a number of policy recommendations to ensure the UK’s network infrastructure is prepared to go carbon-neutral

The Beam Hill Wind Farm, located in County Donegal, consists of eight turbines

The Virtu technology is said to deliver a peak efficiency of 80%, converting 20% of the sun’s energy to electricity and 60% as heat

Credit Suisse Securities has acted as the sole manager of the transaction

Around 21% of the overall budget will be invested in climate-related projects

It is acquiring the projects, which are a mix of operational and construction-ready facilities with a total capacity of 130MW, from global renewable energy company RES

That’s the call from SSE Chief Executive Alistair Phillips-Davies, who spoke on Radio 4’s Today Programme this morning

It expects the new finance will help energy-intensive industries cut emissions by two million tonnes between 2028 and 2032

The funding will be used by the Clean Energy Finance Corporation for new energy generation, storage and transmission infrastructure