Octopus Renewables buys 16.8MW of new wind capacity in UK

The two sites, located in South Lanarkshire and Northamptonshire, generate electricity to supply more than 17,000 UK homes

Siemens Gamesa completes €200m Senvion purchase

The acquisition will increase the company’s multi-brand footprint to more than 10GW and its fleet under to around 69GW

Oil rig and worker
Equinor completes purchase of 40% stake in Rosebank project

The Norwegian energy giant’s partners on the project are Suncor Energy and Siccar Point Energy

Wind energy deal
Foresight Group buys 50MW of German wind

In partnership with Korea Investment & Securities, the investment manager bought the wind resources from wpd

Investment firm buys 66.8MW of new UK solar

Nextenergy Solar Fund’s new purchase nets it 10 solar facilities worth a total of £58.3m

BP to buy 10% stake in giant Egyptian gas field

BP has agreed to buy a 10% stake in a giant offshore gas field in Egypt. The company paid $375 million (£297.9m) for the share of Eni’s Shorouk Concession, which includes the Zohr gas field. It is believed to be the largest gas discovery in the Mediterranean, containing an estimated 850 billion cubic metres of gas. It was discovered in August 2015 by Eni, which […]

Is Labour in need of our guide to market madness….

So yesterday Ed Miliband and Labour said the energy markets were so badly run they needed a kick. A serious kick. Should they come to power in May 2015, Miliband’s future Labour Government is determined to interfere and freeze energy prices until the start of 2017. That’s one way to calm the markets. Another is […]