PIP acquires wind
Scottish Equity Partners (SEP) has sold its portfolio of onshore wind farms to Pensions Infrastructure Platform (PiP) for an enterprise value of £50 million.
Scottish Equity Partners (SEP) has sold its portfolio of onshore wind farms to Pensions Infrastructure Platform (PiP) for an enterprise value of £50 million.
AES Corporation has announced plans to exit the UK. EP UK Investments will acquire AES’s entire UK business – which is all in Northern Ireland – including all assets, systems and key management and staff.
The Scottish Government does not know how much it will recover of the more than £9 million in loans provided to failed supply company Our Power, it said in April in response to a Freedom of Information request.
A Capacity Market auction will be held on 11-12 June for delivery year 2019/20, BEIS announced in early April, and the deadline has now passed for prequalified companies to withdraw.
The “political will is there” to set a ‘net zero’ carbon emissions target.
The fundamental architecture of the energy industry is changing in a way that has not been seen since privatisation.