EON has hired BNP Paribas to help sell an energy supplier in the Czech Republic it’s gaining as part of its pending takeover of rival Innogy, people with knowledge of the matter said.
The German-owned Big Six provider revealed underlying earnings at its UK household supply arm plunged to 12 million euros (£11 million) in the three months to June 30.
Offshore wind fatalities have remained at zero for the second year running, as "high potential incidents" dropped by 13% in 2018, according to a safety organisation.
A new wind farm able to power up to tens of thousands of homes in the Highlands is set to give a multi-million boost to locals, according to the project developer.
Oil giant Shell will have a number of "commercial offshore wind farms" that use floating technology by the early 2020s, according to the firm's project manager.
Energy giant Npower has swung to a loss at the start of 2019 after shedding another 102,000 customers and taking a hit from the energy price cap.
Three of Europe’s biggest utilities are highlighting the challenge of making money in Britain’s notoriously difficult retail energy market.
Energy giant Shell has bought a majority stake in a floating wind project planned for 2020.
The proposed merger between utility giants SSE and NPower is to be delayed into the middle of 2019, according to SSE's chief executive.
Shell, Innogy and Stiesdal Offshore Technologies (SOT) will invest £18 million in the development of a new floating wind test turbine.
Onshore construction is now underway at Triton Knoll’s windfarm in Lincolnshire, as part of a two year programme managed by German developer Innogy SE.
Two Japanese firms have invested almost £1 billion for a stake in a UK offshore wind farm.
The 22 billion-euro ($27.1 billion) deal that’s shaking up the world of German utilities also has a very British dimension.
innogy SE and SSE plc have agreed to merge innogy’s British retail business npower with SSE’s household energy and energy services business in Great Britain to form an independent British retail energy company.
Innogy said it sees no reason to scrap plans to enter the US onshore wind market.