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Energy

  • Advanced Energy pulls out of XP Power pursuit

    June 18, 2024

    US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.

  • Election 2024: Labour will seek mandate for growth with ‘wealth creation’ manifesto 

    June 13, 2024

    Keir Starmer will seek a “mandate for economic growth” as he unveils Labour’s election manifesto, pledging to “be the party of wealth creation”.

  • British Gas owner Centrica helps back £300m UK energy first

    June 13, 2024

    Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.

  • FTSE 100 energy giant Centrica declares stability has returned to the energy market

    June 5, 2024

    FTSE 100 energy giant Centrica has updated the market ahead of its AGM later today.

  • ‘Chronic short-termism’ stopping UK from becoming a ‘superpower’, report backed by Tony Blair and John Caudwell warns

    June 4, 2024

    Britain’s "chronic short-termism" is holding it back from being a science and technology superpower, according to a new report backed by billionaire businessman John Caudwell and former Prime Minister Sir Tony Blair.

  • Petrofac: Losses almost double after delayed results finally revealed

    May 31, 2024

    Losses at embattled oil services provider Petrofac almost doubled to more than $400m (£314m) during 2023 after its delayed accounts were finally published.

  • Labour: GB Energy will turn the page on cost-of-living crisis with clean power

    May 31, 2024

    Labour is pledging it will get working within months of election victory to build clean power that will “turn the page” on the cost-of-living crisis.

  • Enquest expects to return to growth despite ‘political uncertainty’

    May 30, 2024

    Enquest said it's looking to return to growth this year despite ongoing political uncertainty.

  • Biffa owner to buy renewable energy giant Atlantica for £2bn

    May 28, 2024

    Atlantica Sustainable Infrastructure is to go private after accepting an offer from a private equity firm which values it at $2.5bn (£2bn).

  • London-listed Berkeley Energia launches near £1bn arbitration proceedings against Spain

    May 28, 2024

    Listed-Berkeley Energia's Spanish entity has filed a request for arbitration proceedings against the Kingdom of Spain over alleged violation of provisions of the Energy Charter Treaty

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