Competition watchdog investigates £500m OVO Energy and SSE deal

The Competition and Markets Authority is inviting comments from interested parties until 6th November 2019

OVO Energy targets net zero emissions by 2030

It is buying Big Six company SSE’s retail business, which once approved, will make OVO the second largest energy supplier in the UK

SSE to sell retail arm to OVO Energy in £500m deal

The deal, once approved, will make OVO the second largest energy supplier in the UK

Blockchain deal
OVO Energy invests in blockchain firm Electron

The energy supplier bought the minority stake through its Kaluza subsidiary

Bristol, OVO and TOTO Energy raise prices

Bulb is the only supplier to reduce energy bills after a fall in wholesale gas costs

Electric heat
OVO Energy and Glen Dimplex provide a spark for clean heat

The energy supplier will use its intelligent technology platform to unlock the flexibility potential offered by the other firm’s electric heaters

Mitsubishi snaps up 20% stake in OVO Energy

The supplier will use part of the investment to accelerate the development of its intelligent energy technologies unit

Ofgem orders E to stop transfer of former Economy Energy customers

The regulator said Economy Energy agreed the sale of around 30,000 customers to E last month but failed to notify Ofgem about it when the company stopped trading

OVO Energy
OVO Energy to absorb Economy Energy’s customer base

Energy regulator Ofgem has appointed the supplier to take on the failed business’ customers

OVO Energy and Sunamp hot up with £1.6m of funding

The firms aim to bring smart electric central heating to the UK market