Macquarie considers Cadent stake sale

Macquarie Asset Management, with a 26% holding in Cadent, is in early stages of exploring a potential sale of less than 5% of its stake in the company

Google invests £1bn in UK data centre with heat recovery

The tech giant is set to invest £1 billion in a new UK data centre in Waltham Cross, prioritising off-site heat recovery for the local community

COP28: Nations agree landmark deal to ‘transition away’ from fossil fuels

Some reactions to the COP28 decision have been mixed since the final consensus does not include the ‘phase out’ of fossil fuels

Five G7 nations reiterate nuclear alliance to end Russian fuel dependency

The UK, US, Canada, Japan and France, known colloquially as the “Sapporo 5”, intend to invest at least $4.2bn over the next three years

Thames Water faces cash crisis warning

Thames Water’s parent company, Kemble Water Holdings, has received a caution from auditors, indicating a potential cash shortage by April if shareholders fail to inject additional funds

Macquarie pumps £550m into Southern Water

Macquarie has raised its ownership in Southern Water to over 75%

Solar steam company GlassPoint raises $8m in latest funding round

The company’s solar steam solution uses concentrated solar arrays housed in glass greenhouses to produce steam at gigawatt scale instead of natural gas

National Grid Partners leads $33m investment to drive EV grid integration

ev.energy will continue to connect EVs and chargers to its virtual power plant and enable vehicle-to-grid services

Fresh $125k charges ahead for Canada’s Quinte Transit’s green fleet switch

The non-profit organisation, which provides public transport, will complete the necessary planning required to transition to a full fleet of zero-emission vehicles

Cornish Lithium secures £53.6m led by UK Infrastructure Bank

The funding will help the start-up to develop mines in south-west England for a domestic supply of lithium compounds, critical for the production of batteries for EVs and renewable energy storage