Author Archive for New Power

Co-Operative Energy to acquire Flow Energy

Flowgroup is to sell energy supply business Flow Energy to Co-Operative Energy for £9.25 million, saying planned price caps would make it less likely customers would switch supplier. In November the company decided to maintain customer levels below 250,000 so…

Tenaga Wind Ventures refinances UK wind farms

Tenaga Wind Ventures UK has refinanced its 80% interest in GVO Wind  and Bluemerang Capital, two onshore wind companies acquired on 28 February. The company, a wholly owned subsidiary of Malaysian utility Tenaga Nasional Berhad, opened a £120 million refinancing facility with Bayerische…