London’s
energy industry,
in focus.

Elgin, an integrated, utility-scale solar and storage independent power producer, secured up to £500 million (~$672 million) of funding from a banking syndicate to accelerate the build-out of its U.K. pipeline over the coming years.

GAIN deployed capital into Rowan Energy ($33.1 million)

The Phoenix Global Resources oil company, controlled at 90% by the Swiss commodity marketer Mercuria Energy Group, is preparing an investment of 6 billion dollars (5,228 million euros) in the Argentine field of Vaca Muerta that will be hosted by the Big Investment Incentive Regime (RIGI).

The acquisition of OnStream advances our strategy to invest in high-quality, resilient, and critical infrastructure assets with compelling growth opportunities.

Stolt-Nielsen Gas has entered a share purchase agreement to sell 50 per cent of Avenir LNG to Nippon Yusen Kabushiki Kaisha.

Atrato Onsite Energy has announced a merger with Finlight to create one of Europe’s largest specialist energy providers serving commercial, industrial (C&I), and residential markets.

The Cheltenham-based firm, launched 18 months ago by serial entrepreneur Bob Holt, is paying up to £9.5m to snap up Manchester-based Zero Carbon Group (ZCG), which operates across the North of England and the Midlands.

Last month, French utility giant Engie SA (OTCPK:ENGIY) announced it had signed an agreement to acquire 100% of UK Power Networks (UKPN) from Hong Kong's CK Group in a deal valued at £10.5 billion ($14.2 billion) in equity.

Octopus Energy Generation is acquiring a solar and battery project in California as part of a near $1 billion investment drive into U.S. clean technology.

Transocean executives outlined the rationale and expected financial benefits of the company’s planned all‑stock acquisition of Valaris (NYSE:VAL) during a conference call, describing the transaction as a “transformational combination” aimed at positioning the combined business for what management characterized as a multi‑year upcycle in offshore drilling.