shares

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

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

The firm boasted adjusted profits of $516m

New projects have also been paused until further notice

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 […]

E.ON has bought a stake in a wind power start-up that provides small, on-site turbines for business customers. The energy giant invested in b.ventus through its German subsidiaries Avacon and E.DIS – the firm offers a single-source solution for companies to quickly and easily begin producing their own renewable power. The firm’s main product is […]

British energy giant Centrica warned its shareholder earnings may dip after the Heysham and Hartlepool nuclear plants were shut. The two plants owned by EDF Energy were closed for inspections, it was announced today, because of a “defect” discovered in a boiler spine at one reactor in the Heysham 1 plant. Today Centrica said the […]

Investors who want to avoid buying shares in oil, coal and gas will be able to pick from a new list put together by FTSE and investment giant Blackrock. This week they announced plans for a “fossil fuel free” index, excluding companies with links to exploring for or owning fossil fuels. Companies will be excluded […]

A community energy group in Scotland announced it has sold £1 million of shares to 170 investors. Dingwall Wind Co-op beat its £850,000 target and building the 250kW turbine can now begin. Work has already begun on the site, with trenches being dug and cables laid (pictured). The turbine itself is due to be installed in spring […]

Rivers in Oxford are usually reserved for rowers and tourists trying out punts but now one is about to get another – more powerful – use. That’s after a community hydropower scheme in Oxford raised £296,000 by selling shares in just 10 days. The Osney Lock project on the River Thames in Oxford will generate […]