(Alliance News) - NextEnergy Solar Fund Ltd on Tuesday said Camilla, its maiden 50 megawatt energy storage asset in Scotland, has successfully started operations. Read More
(Alliance News) - An additional GBP58 billion will need to be invested in Great Britain's electricity grid in the first half of the next decade to ensure that it can supply the power to keep homes and businesses going, a new report has found. Read More
Weir Group PLC - London-based speciality chemicals and sustainable technology firm - Appoints National Grid PLC Chief Financial Officer Andy Agg as an independent non-executive director, effective immediately. Says he brings "significant" financial experience to the Weir board in light of his role as National Grid CFO. Also announces that Independent Non-Executive Director Srinivasan Venkatakrishnan will step down, effective from March 31, to pursue other opportunities. Weir Chair Barbara Jeremiah says: "Andy has built a long and successful career as a finance leader, and he brings to the board both his financial and commercial acumen, experience in leading significant transformation programmes and significant transactional experience. We look forward to working with Andy as we drive forward our strategic objectives for Weir." Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Stocks in London are set to open slightly higher on Monday, ahead of a slew of purchasing managers' index readings. Read More
(Alliance News) - Gresham House Energy Storage Fund PLC on Thursday said it decided against declaring a dividend for the fourth quarter of 2023 as it continued to be hurt by a weak revenue environment. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
Gresham House Energy Storage Fund PLC - invests for income from utility-scale battery energy storage systems; managed by Gresham House - Predicts more revenue opportunities for its battery assets from the launch by the UK power grid operator of the new Open Balance Platform and Bulk Dispatch Optimiser. The investment fund says the National Grid Electricity System Operator has started to trade battery energy storage systems in the Balancing Mechanism. "It is too early to point to the specific revenue impact, but the initial indications are positive and, based on provisional data, are expected to lead to increased revenue opportunities for our assets," the company says, adding it will add more of its assets into the Balancing Mechanism in December and in the first quarter of next year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - National Grid PLC on Wednesday noted the launch of the RIIO-3 price controls consultation by UK regulator Ofgem. Read More
(Alliance News) - London's FTSE 100 is called to open a touch lower on Monday, kicking off the week with some slight trepidation after Friday's hotter-than-expected US jobs report which offered the dollar some respite. Read More
Reckitt Benckiser Group PLC - Slough, England-based health, hygiene and nutrition consumer products - Promotes Andrew Bonfield to senior independent director, starting from Reckitt's annual general meeting in May next year. Bonfield, who has been a non-executive director since 2018, replaces Jeremy Darroch, who moves up to chair, replacing Chris Sinclair, who is retiring. Bonfield has been chief financial officer of Caterpillar Inc since 2018 and before that was CFO of National Grid PLC and of Cadbury PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - Stock prices in London were largely lower at midday on Wednesday, as investors nervously eyed two key pieces of US inflation data, though the FTSE 100 pushed higher thanks to gains amongst its utility stocks. Read More
(Alliance News) - National Grid PLC on Thursday said it has performed in line with its own expectations during the first half of 2024. Read More