£1bn low carbon heating infrastructure project unveiled in Westminster Nov 6, 2024 Iconic London buildings in the heart of the capital to be heated by new low carbon heat network, expected to create 500 jobs and save 75,000 tonnes of CO2 every year. Just days after the UK Government revealed an Autumn Budget that included significant infrastructure investment plans, a new £1bn low-carbon infrastructure project has been […] Posted by: Deividas Krupstas Read more
£4bn Teesworks energy project given green light by Government Oct 4, 2024 The highly anticipated Net Zero Teesside project – set to bring thousands of jobs to our region – has today received the green light from Government, with work beginning by the end of the year. The £4billion project – led by bp and Equinor – will establish the world’s first industrial-scale carbon capture, utilisation, and […] Posted by: Deividas Krupstas Read more
Alpha Real Capital acquires £86m energy portfolio Jan 24, 2022 Real assets investment manager Alpha Real Capital has acquired Innova Energy, which has a solar energy portfolio totalling almost 62MW in the UK. The 17 PV projects, valued at £86m, are located across the UK and include extension and expansion rights. They generate about 540 gigawatt-hours of electricity a year, equivalent to powering 186,000 homes. […] Posted by: Mya Driver Read more
Angus Council not against £40m battery storage plant Sep 22, 2022 Angus Council is not opposed to a £40 million battery storage plant near the border with Dundee capable of holding enough power to supply 35,000 homes a year. The 80 megawatt proposal would be the largest of its kind in the county. Proposals for the site near Duntrune first emerged earlier this year. A second […] Posted by: Mya Driver Read more
Aviva Investors to invest up to £110 million in Connected Kerb to support nationwide delivery of EV charging infrastructure Sep 26, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has completed an investment which will see it invest up to £110 million in Connected Kerb, the electric vehicle (‘EV’) infrastructure specialist. The investment, being made by the Real Assets business at Aviva Investors as part of its Climate Transition strategy, will […] Posted by: Mya Driver Read more
BP to invest £50m in new global battery R&D centre Aug 1, 2022 BP today unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing centre and analytical laboratory in the UK. BP has previously announced its intention to invest up to £18 billion in the UK’s energy system by the end of 2030; this additional new investment […] Posted by: Mya Driver Read more
Copenhagen Infrastructure Partners charges to the top of the UK battery stack Jan 9, 2025 Copenhagen Infrastructure Partners (CIP) has, through its flagship fund CI IV, taken Financial Investment Decision (FID) and issued Notice to Proceed (NTP) to commence construction of two further Battery Energy Storage System (BESS) projects in Scotland. Coalburn 2 is situated in South Lanarkshire, adjacent to CIP’s existing Coalburn 1 BESS project, and Devilla is situated […] Posted by: Deividas Krupstas Read more
Geothermal drilling site and power plant approved Sep 16, 2022 A geothermal drilling site and power station have been granted planning permission. Cornwall Council’s strategic planning committee approved the development for a site near Truro. Geothermal Engineering Limited (GEL), which has already carried out testing and is set to generate power at a site in United Downs, had applied for permission to drill two geothermal wells and […] Posted by: Mya Driver Read more
Glasgow collaborates with UK Infrastructure Bank to accelerate Clyde Metro development Apr 14, 2023 A project that seeks to accelerate the development of Clyde Metro has been agreed between Glasgow and UK Infrastructure Bank (UKIB). UKIB has been working with the council to support the development of financial and commercial plans for the mass transit project which was recently confirmed by the Scottish Government as a key priority for […] Posted by: Mya Driver Read more
Iconic power station site will continue to be key part of Warrington’s economic future Jul 5, 2022 The site of an iconic power station which helped to support Warrington’s economy over the past 50 years will continue to secure much-needed future investment for the town and wider region after a change in ownership. Natural resources and energy company Peel NRE, part of regeneration business Peel L&P, has acquired the Fiddler’s Ferry Power […] Posted by: Mya Driver Read more
International PPL to acquire further stake in Thames Tideway super-sewer Jun 1, 2022 Infrastructure investment company International Public Partnerships has conditionally agreed to acquire a further shareholding in the Thames Tideway Tunnel, a 25-kilometre “super sewer” being built under the Thames in order to create a healthier environment for London. International PPL said on Wednesday that the opportunity was conditional on third-party approvals and had arisen as a […] Posted by: Leon Newton Read more
Landmark deal between Pinnacle Power and DIF Capital Partners enables critical investment for the UK Jul 4, 2023 The UK’s energy security is a top priority, and, as recognised in the Government’s ‘Powering up Britain: Energy Security Plan’, heat networks will play a crucial role in achieving this. To turbocharge the UK’s heat network capability a new partnership between Pinnacle Power and DIF Capital Partners will deploy town-and-city-scale heat networks to decarbonise tens […] Posted by: Mya Driver Read more
