Latest Europe - Power News
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Irish fund backs Equitix infra initiative, Ireland
Power EuropeThe Irish Strategic Investment Fund has provided €75 million to Equitix's new initiative to invest in private companies developing greenfield infrastructure projects in Ireland
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TenneT invests €1.9bn in substations, Europe
Power EuropeDutch transmission system operator TenneT has signed a €1.9 billion agreement for the supply of 110 compensation coils and 160 power transformers to substantions in Germany and the Netherlands
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Axpo signs 8-year PPA for Finnish manufacturing
Power EuropeAxpo Nordic will supply electricity to Pilkington Automotive Finland Oy to power 2 of the latter’s manufacturing plants under a long-term wind PPA
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EXCLUSIVE Last Mile to hit the market, UK
Power EuropeInfracapital Partners – the infrastructure investment arm of M&G – is considering the sale of Last Mile Infrastructure Group, IJGlobal understands
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EXCLUSIVE Statera sale – details
Power EuropeThe sale of InfraRed Capital Partners' Statera Energy is in its second phase, IJGlobal has learned
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UK gov seeking private backers for nuclear scheme
Power EuropeThe UK government has announced its search for private investors for its circa £20 billion Sizewell C nuclear plant in Suffolk
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EXCLUSIVE UK utility coming to market
Power EuropeUK utility Energy Assets Group is coming to the market in Q4 2023, IJGlobal understands
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Shell to acquire Italian VPP operator
Power EuropeShell Italia is to acquire EGO, an Italian energy management company that connects electricity producers and consumers in a virtual power plant
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Ardian becomes sole owner of ICQ, Italy
Power EuropeArdian has acquired a minority stake in Italian renewables platform ICQ Holding from Italian Renewable Resources, making it the sole owner of the company
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Trioworld, Better Energy sign Denmark PPA
Power EuropeTrioworld Nyborg, part of the industrial film division of Sweden's Trioworld, has signed a 10-year PPA with Better Energy in Denmark
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Gorton joins John Laing, Europe
Power EuropeLuke Gorton has joined John Laing Group has head of Europe
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Hogan Lovells appoints infra duo in Berlin
Power EuropeHogan Lovells has concluded 2 lateral hires from Dentons to boost its energy and infra practice in Berlin
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Vattenfall UK, Midlothian Council sign on district heating
Power EuropeVattenfall Heat UK and Midlothian Council – partners of JV Midlothian Energy Limited – are set to supply low-carbon heat to newly built homes in a former coal mining region
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EIT InnoEnergy secures €140m with new investors
Power EuropeEU-backed sustainable energy investor EIT InnoEnergy has secured over €140 million of equity in a private placement round – with backing from new investors including Societe Generale and Santander CIB
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Equinor acquires Polish wind farm from Helios
Power EuropeEquinor has acquired a 26MW onshore wind farm in Poland from the Helios Group to be operated by its Polish subsidiary Wento