(IN BRIEF) Iberdrola has sold ScottishPower’s smart metering subsidiary, SP Smart Meter Assets Limited, to Macquarie Group in a £900 million deal covering 2.9 million devices. The move supports Iberdrola’s strategy to concentrate investment in regulated networks and renewable generation, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged asset rotation plan, CO₂ reduction, decarbonization, distribution networks, Electricity North West, ENW, Iberdrola, Iberdrola strengthens focus on regulated networks with £900 million UK smart meter divestment to Macquarie, Macquarie acquires ScottishPower smart metering unit from Iberdrola as Group channels £24 billion into UK networks and renewables, Macquarie Group, regulated networks, renewable generation, ScottishPower, smart meters, SP Smart Meter Assets Limited, SPSMAL, transmission networks, UK energy market, UK investments
(IN BRIEF) Iberdrola will sell 2.6 GW of power generation assets in Mexico—comprising 15 plants and development projects—at US $1.6 million per MW, with up to US $4.2 billion in contingent payments tied to future project completions. The transaction, together … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Spain, Technology
Tagged Avangrid Networks, capital increase, cogeneration, combined cycle, Electricity North West, i-DE, Iberdrola, Mexico generation incentives, Mexico power plants, NEOENERGIA, partnership, regulated asset base, regulatory approvals, ScottishPower Energy Networks, Solar, sustainability, Wind
(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Norway, Technology, United Kingdom
Tagged Alex Grant, battery storage, British Energy Security Strategy, Danske Commodities, electricity, Electricity North West, ENWL, Equinor, lithium-ion battery, Noriker Power, Olav Kolbeinstveit, power solutions, SEPD, Southern Electric Power Distribution, The Blandford Road battery storage, The Welkin Mill battery storage
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