News

Drax to acquire Flexitricity

Drax has signed an agreement to acquire Flexitricity from Quinbrook. The transaction values Flexitricity at £36 million. Completion is expected in Q1 2026. Founded in 2004, Flexitricity provides optimisation and route-to-market services to owners of flexible energy assets, via its…

AR7 results: the industry responds

Sue Ferns, Senior Deputy General Secretary, Prospect: “Industry and unions argued for an ambitious approach to this auction round, and it is welcome that the government has delivered with an exciting pipeline of clean power projects. “Offshore wind is not…

Japanese investor buys into UK solar pipeline

Investment manager Downing and Tokyo Century Corporation have agreed to jointly acquire and construct a 500MW portfolio of utility-scale ground-mounted solar projects in the UK. The joint venture will acquire ready-to-build projects that have Contracts for Difference (CfD) arrangements in…