Focus on Electricity
Octopus Energy valuation jumps to nine billion dollars as investors double down
Octopus Energy’s valuation has jumped nine billion US dollars (£7.2 billion) after two of its biggest investors increased their stakes in the business
Republicans urge Biden to prevent French work with Russian nuclear power company
Two influential Republican U.S. lawmakers have urged President Joe Biden to prevent a French company from working on civil nuclear power projects with...
Duke Energy beats first-quarter profit estimates on higher rates
Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity
US utility Allete goes private in $6.2 billion deal
A partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners to acquire US utility Allete for $6.2 billion, including debt
Colombia’s Ecopetrol exploring participation in offshore wind auction
Colombian energy company Ecopetrol is analyzing its potential direct participation in the country's first-ever offshore wind auction
Italy split on possible solar plant curbs that may jeopardise green goals
Italy's coalition is split over a possible ban on installation of solar panels on agricultural land, according to government officials
Berkshire exec calls wildfire claims against utility ‘unfounded’
Warren Buffett's likely successor vows to challenge lawsuits brought against Berkshire Hathaway subsidiary PacifiCorp over Oregon wildfires.
Death toll from rains in Brazil rises, while hydro dam collapses
Rio Grande do Sul's civil defense authority says 69,000 displaced by Brazil's rain as death toll rises and infrastructure damaged.
Alberta wind farm axed over new government rules on development
TransAlta wind farm project cancelled after new restrictions imposed on 'pristine viewscapes' despite plans to redesign Alberta's electricity market.
Three groups are suing New Jersey to block an offshore wind farm
New Jersey wind power plans under threat after environmental approval questioned by lawsuit.
