Water
Competition watchdog clears Pennon’s £425m takeover of Bristol Water

The deal was initially struck in June 2021, however an investigation was launched by the Competition and Markets Authority in December last year

CMA launches investigation into Warmfill’s acquisition by energystore

The companies manufacture, supply and install a a range of insulation products, all of which are designed to make homes as thermally efficient as possible

EU blocks Hyundai and Daewoo shipbuilding merger

The Commission found the merger between the two South Korean shipbuilders would reduce competition in the global market for the construction of large LNG carriers

Competition regulator clears National Grid’s acquisition of WPD

The Competition and Markets Authority has decided not to refer the merger for a phase 2 investigation

New UK Procurement Group, Prestige Worldwide, set for exponential growth in 2021 after completing a three-consultancy group merger

Prestige Worldwide is set for an exciting 2021, with extensive growth plans in the pipeline, both in terms of staff headcount and customer base

France’s ENGIE sells 29.9% stake in Suez to Veolia

Veolia confirms its intention to file a voluntary public takeover bid on the remaining Suez share capital to complete the merger of the two companies

Transatlantic energy storage merger creates new £57.7m company

Invinity Energy Systems is the result of a partnership between UK-based redT energy and US-based Avalon Battery Corporation

US oil and gas
Pressure to innovate and cut costs ‘to drive US oil and gas deals’

That’s the verdict from international advisory firm BDO Global which has made a number of industry predictions

SSE logo
SSE scraps plan to merge retail business with npower

The Big Six supplier blamed challenging market conditions for the move

SSE profits tumble amid high gas prices

The supplier plans to create a new company that will include its renewable energy assets in UK and Ireland