News

VPI/Low Carbon JV sells storage projects

VLC Energy has sold two operational battery storage facilities totalling 50MW to Gresham House Energy Storage Fund for £29.2 million. VLC Energy is a joint venture between Low Carbon and VPI Immingham (a subsidiary of Vitol Group). The facilities comprise a 40MW facility at…

Japanese buy-in to boost Igloo Energy

Osaka Gas has taken a minority stake in new energy supplier Igloo Energy, with a strategic investment of up to £20 million  in the company. Igloo said the investment will accelerate growth. It will also fast-track the development of Igloo’s  home services…

German offshore wind farm atrracts new investors

London-listed renewable energy infrastructure investment company Renewables Infrastructure Group (TRIG) is to acquire 36% equity interest in Merkur Offshore, a 396MW offshore wind farm located in the German North Sea. At completion, (expected in H1 2020), TRIG will sell-down a share to minority co-investors managed by…