£2.7bn investment pledge by water firms Jul 22, 2021 The UK’s water companies will pour a total of £2.7bn into environmental improvements over the next five years, it was announced this morning. On top of £1.9bn of pre-planned spending, sector regulator Ofwat has this morning approved an extra £793m of investment. The watchdog said that the additional spending would “allow water companies to take […] Posted by: Nathan Spencer Read more
£90m of Government and Industry Green Investment Announced Aug 31, 2021 Electric car batteries which can charge in just 12 minutes are among green automotive tech projects to be awarded more than £91 million of government and industry funding. Four projects have been awarded funding through the Advanced Propulsion Centre (APC) Collaborative Research and Development competition, which supports the development of innovative low carbon automotive technology. […] Posted by: Nathan Spencer Read more
Acquisition of a Tesco in Worcester for £38.3 million Apr 24, 2023 Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces the acquisition of a Tesco omnichannel supermarket in Worcester, for a total purchase price of £38.3 million (excluding acquisition costs), reflecting a net initial yield of 6.0%. Tesco has been operating at […] Posted by: Mya Driver Read more
Alpha Real Capital acquires £86m energy portfolio Jan 25, 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: Nathan Spencer Read more
APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland Sep 17, 2021 APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries. The deal supports APCOA’s vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is […] Posted by: Nathan Spencer Read more
Aviva Investors to invest up to £110 million in Connected Kerb to support nationwide delivery of EV charging infrastructure Sep 27, 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: Nathan Spencer Read more
Bank buys majority stake in Southern Water for £1bn Aug 31, 2021 Australian asset manager Macquarie announced that it had bought a majority stake in utility firm Southern Water for more than £1bn. The firm said that its investment would help transform the company and put it “back on a stable footing”. It comes a month after Southern Water was fined £90m after bosses admitted dumping sewage […] Posted by: Nathan Spencer Read more
BP to invest £50m in new global battery R&D centre Aug 19, 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: Nathan Spencer Read more
Committee to discuss plans for Harrogate’s Station Gateway May 2, 2023 Committee members are set to have their say on plans to manage traffic for a £11.2 million scheme to transform the area around Harrogate’s railway and bus stations. The project is part of a £42 million Transforming Cities Fund investment within North Yorkshire, which will also see the station gateways in Selby and Skipton enhanced. […] Posted by: Mya Driver Read more
Electricity distributors announce £7.7bn investment plans Jul 5, 2021 Electricity distributors UK Power Networks and Northern Powergrid have outlined business plans backed by £4.5bn and £3.2bn of spending respectively, both with a heavy focus on low-carbon generation and technologies. UK Power Networks, which supplies electricity across London, the South-East and East of England, stated that it has developed its new draft business plan for 2023-2028 with […] Posted by: Nathan Spencer Read more
Exclusive ABB Q&A: Key Steps & EV Charging Opportunities for Fleet & Lease EVs Aug 2, 2021 We’ve been speaking to experts ABB on the future of EVs within the company fleet and lease sector… Q. You have plans to completely replace your fleet of over 500 vehicles to an E-Fleet by 2025, with plans announced last autumn, what led to this decision and how are you progressing with this? At ABB, […] Posted by: Nathan Spencer Read more
Exclusive Q&A – Schneider Electrics: enabling the transition towards a smart and sustainable built environment Jul 9, 2021 For Schneider Electric’s involvement in our recent Developing Cities For The Future Conference we’ve been speaking exclusively to their Vice President of Digital Energy – Kas Mohammed.. Q. What are the primary ways that Schneider Electric and your technologies are helping to advance the transition towards smart cities? “Buildings are a core component of our […] Posted by: Nathan Spencer Read more
