International investment firm TowerBrook Capital Partners has invested an undisclosed amount in Envevo, an EV charging points design and installation firm catering to B2B clients.
Clean energy company Verlume has secured £7.2 million in funding, with £6.6m provided by the Scottish National Investment Bank, to support its expansion plans.
Ardersier Port, situated near Inverness, has received an initial £300 million investment commitment from Quantum, a US investment firm that provides private capital to the global energy industry, to fuel the port’s redevelopment into a major energy transition facility.
Aberdeen-headquartered Wood Group’s board has confirmed it is considering Apollo Global Management’s fifth acquisition proposal for 240p per share, which was put forward earlier in the month.
AMTE Power, a UK-based battery manufacturer, is considering relocating its planned gigafactory from Dundee to the United States due to the Inflation Reduction Act’s subsidies.
UK oil and gas companies are expected to be offered windfall tax relief by Prime Minister Rishi Sunak as part of efforts to boost investment and improve energy security.
Crown Estate Scotland has secured £262 million in applicant fees from the first leasing round designed to enable offshore wind energy to directly supply offshore oil and gas platforms.
Scottish underground energy storage firm Gravitricity has signed a collaboration agreement with Czech electricity flexibility aggregator Nano Energies to develop commercial routes to market for their gravity storage technology.