Is British Gas owner taking measures against ‘activist hedge fund raid’?

Centrica has allegedly asked for help from investment bankers to set out contingency plans

Equinor to sell stake in Irish gas project for £326m

Vermilion Energy, which operates the site, will buy Equinor’s 36.5% share in the field

Elon Musk sells another £724m of Tesla shares to pay taxes

This follows the £3.7bn he sold last week after votes in a Twitter poll

Ecotricity boosts offer to Good Energy shareholders by 18% in takeover attempt

Good Energy has labelled the bid ‘hostile’ and claims it is an ‘unfit owner with an unsuitable plan’

Equinor ups its stake in Scatec Solar to 15.2%

The Norwegian energy firm recently invested £64mto buy an additional 6.5m shares in the solar firm

Pound signs
Utilitywise puts itself up for sale

The cost management consultant says it needs investment of around £10 million

Founder of energy broker Utilitywise dumps 6% stake

The company’s share price is said to have dropped by a third last week

Tesla shares charge up 12% after third-quarter profits announcement

The firm boasted adjusted profits of $516m

Chinese solar stocks slump as subsidies slashed

New projects have also been paused until further notice

Utilitywise shares trading suspended amid results delay

Trading of shares in independent energy consultancy Utilitywise has been temporarily suspended this week. The news comes after the firm confirmed a delay in the publication of its financial results amid an ongoing review of its contracts. Under market rules, the Alternative Investment Market (AIM)-listed company had to post its results by today to allow […]