Author Archive for New Power

Tomato Energy ceases to trade

Tomato Energy has ceased to trade. The supplier has around 15,000 domestic customers who will enter the Supplier of Last Resort (SoLR) process, and 8,000 non-domestic customers. Ofgem said customers’ energy supply will continue and funds that domestic customers have…

Sizewell C reaches financial close

Sizewell C has reached financial close. The company said that following the successful conclusion of the equity raise and a Final Investment Decision in July 2025, it has confirmed £5 billion of debt raised through the BpifranceAE export credit facility,…

Drax adds battery projects to FlexGen portfolio

Drax has agreed to acquire three battery projects from Apatura Limited totalling 260MW. The two of the ‘ready-to-build’ sites are in Scotland and one is in Northern England. Construction on all three sites is expected to commence in 2026. One…