Author Archive for Annabel Andrews

European power mergers hold steady in 2017

Mergers and acquisitions in the European power and utilities sector fell 1% between 2016 and 2017, as pool prices and electricity demand stayed low, according to the EY report Power transactions and trends: 2017 review and 2018 outlook. European deal value…

Murphy buys Carillion’s UK power business

J Murphy & Sons has acquired Carillion’s UK power framework business for an undisclosed sum. The agreement means Murphy has taken over Carillion’s contracts on National Grid’s electricity overhead lines, substation and underground cable frameworks. These three frameworks will deliver essential…

DSR aggregator Endeco changes its name to Gridbeyond

Energy services company Endeco Technologies is changing its name to Gridbeyond. “Our business has fundamentally transformed over the last few years, growing from start-up to scale-up,” commented Michael Phelan, the firm’s chief executive. “Since April 2016, our team has more than doubled in size, the…