LONDON, UK: The Board of Directors of Triple Point Energy Efficiency Infrastructure Company announced that the Group, via TEEC Holdings Ltd, has signed contracts to provide a debt facility to a subsidiary of Virmati Energy Ltd, for the purposes of building a portfolio of four geographically diverse Battery Energy Storage System (BESS) assets in the…
GTC expands its platform for the energy transition
LONDON, UK: Getech Group, the net zero technology provider and data-led energy asset developer, has expanded its Maptium platform offering with further content and analysis for the energy transition. Maptium provides a secure web-based gateway to Getech’s world-class data and analytics content. It allows users to visualise and analyse energy and mineral resources information, maximising the value…
KAEFER UK & Ireland select Zalaris to deliver cloud-based HR & Payroll
OSLO, NORWAY: Zalaris have signed a five-year agreement with KAEFER UK & Ireland to implement SAP SuccessFactors Employee Central, Recruiting and Onboarding which will be fully integrated to Zalaris’ PeopleHub for cloud-based payroll, payroll control centre, time & absence and further enhanced with Zalaris’ mobile solutions for KAEFER’s c.3 000 employees in the United Kingdom…
Sikri Holding acquires Sweden based Metria AB for SEK 724.3 million
OSLO, NORWAY: Sikri Holding AS, a leading provider of software and services towards the public and private sectors, has entered into a binding agreement with the Kingdom of Sweden regarding the acquisition of 100% of the shares in Metria AB. Metria provides IT solutions and services in GIS, geodata, business and real estate information and…
Telecom Plus offloads two non-core businesses
LONDON, UK: Telecom Plus Plc has agreed the disposals of two non-core businesses comprising its wholly owned meter operator, UW Home Services Ltd (UWHS), and its 75% owned boiler installation business, comprising Glow Green Ltd and Cofield Ltd. Neither disposal is expected to have a significant impact on Group profits in FY22 or on an…
Peabody Capital and Catalyst Housing merger
LONDON, UK: Peabody Capital and Catalyst Housing Limited announced that their merger process is complete. Catalyst Housing Limited and its subsidiaries have joined together with the Peabody Group, creating an organisation with 104,000 homes and around 220,000 customers in London and the home counties. They join initially as a subsidiary with the intention to move…
TP Group sells Northstar Autonomous Navigation Software
LONDON, UK: TP Group (AIM: TPG), announced that, following the strategic review of the Group’s consulting and software capabilities in relation to its wider strategy as announced on 1 November 2021, the Board has agreed to sell its Northstar autonomous navigation software to QinetiQ Limited a subsidiary of QinetiQ Group PLC for a cash consideration…
SAE secures funding from Scottish Enterprise to get tidal turbines back in the water
LONDON, UK: Simec Atlantis Energy Limited (SAE) announced that MeyGen has secured a non-convertible loan of £2.5m from Scottish Enterprise, which will enable the redeployment of the remaining two turbines at the MeyGen site within the next 12 months. This follows the successful deployment in March 2022 of the AR1500, 1.5MW tidal turbine. The first…
Major milestone achieved for AQRU.io platform
LONDON, UK: AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance (“DeFi”), announced that its wholly owned subsidiary, Accru Finance Ltd. has signed up over 10,000 customer accounts and reached £16.5 million in assets under management on its proprietary cryptocurrency yield-generating platform, AQRU.io, a significant milestone in the Company’s growth. The milestone was achieved…
Mitie Group acquires telecoms tower design house, P2ML
LONDON, UK: Mitie Group plc has acquired P2ML, a specialist telecoms tower design house, which will further expand its Telecoms Acquisition, Design and Construction (ADC) capabilities following the acquisition of DAEL Telecoms last year. P2ML has market leading expertise in providing design, construction, inspection and maintenance services for cellular telecoms infrastructure, enabling major network operators…
Lords Group acquires plumbing and heating businesses,DH&P for £9.3mn
LONDON, UK: Lords Group, a leading distributor of building materials in the UK, has acquired a 90% interest in the leading plumbing and heating businesses, DH&P Trade Counters Holdings Limited and DH&P HRP Holdings Limited (together ‘DH&P’), for a total consideration of £9.3 million. The remaining 10% interest in DH&P’s issued share capital will be…
Brickell PC Insurance to acquire Randall & Quilter in a £482mn deal
LONDON, UK: Brickell PC Insurance Holdings agreed the terms of a recommended cash acquisition of the entire issued ordinary share capital of Randall & Quilter Investment Holdings (R&Q) as well as $100 million of new equity funding. The acquisition will be undertaken by way of a merger under the Bermuda Companies Act. Under the terms…