LONDON: Simply Blue Holdings, has signed a share subscription agreement with Kansai Electric Power Company, Incorporated, to acquire an 80% stake in Simply Blue Energy OSW Ltd, Simply Blue Group’s offshore wind development arm. The transaction follows the recent carve-out of Simply Blue’s sustainable fuels business into a newly formed entity, Nova Scotia Fuels, and represents…
LONDON: Octopus Renewables Infrastructure Trust plc, the diversified renewables infrastructure company, today announces it has completed the sale of its entire interest in HYRO Energy Limited (“HYRO”), a UK-based green hydrogen and e-fuels development platform, for a total expected consideration of £4.6 million, in line with the Company’s latest holding value of HYRO. ORIT’s 25%…
LONDON, UK: Octopus Renewables Infrastructure Trust plc (ORIT), a leading investor in renewable energy assets, has announced that it has agreed to invest up to £2m to set up and fund a new development business, focused on creating new ground-mounted solar PV and co-located battery storage assets in the UK. ORIT will own 100% of…
LONDON, UK: Octopus Renewables Infrastructure Trust (ORIT) has agreed to invest up to £5m into HYRO Energy Limited, a new joint venture between ORIT (co-invested alongside another fund managed by Octopus Energy Generation, Sky (ORI SCSp)) and Renewable Energy Systems (RES). HYRO Energy has been established to develop green hydrogen electrolysis projects in England, Scotland…