(IN BRIEF) Utilita Energy has reached an agreement for EDF to acquire over 40,000 of its credit customers, a transaction approved by Ofgem and set to take effect on 8 November 2025. The move aligns with Utilita’s strategy to focus … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, News, Technology, United Kingdom
Tagged Bill Bullen, credit customers, customer acquisition, customer experience, EDF, EDF and Utilita Finalize Customer Transfer Agreement Backed by Ofgem to Advance UK Energy Innovation, EDF to Acquire Over 40000 Utilita Credit Customers as Utilita Strengthens Focus on Smart Pay As You Go Energy, electricity supplier, energy services, energy supply, energy transition, Ofgem, Philippe Commaret, Smart Pay As You Go Energy, strategic agreement, sustainable energy, UK energy market, Utilita Energy, zero-carbon electricity
(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
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