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

SSE and innogy to adjust terms of merger

The firms say the changes are due to adverse market developments and regulatory interventions

SSE and innogy appoint chairman designate for new energy supplier

The UK’s competition watchdog provisionally cleared the deal last month

SSE and npower merger: Industry responds

The UK’s competition watchdog has provisionally cleared a deal that would see the two Big Six companies join together

UK competition watchdog provisionally clears SSE-npower merger

The merger is not expected to have a significant impact on standard variable tariff pricing

European Metal Recycling ordered to sell five scrap metal sites

The competition watchdog is concerned the sites bought from Metal Waste Recycling might lead to a ‘worse deal’ for suppliers and customers

SSE and innogy appoint CFO for new UK energy company

Gordon Boyd will play a key role in the work being done to plan and prepare for the formation and listing of the new firm