Acquisitions and Divestitures News in United Kingdom

Equinor and Shell to Create the UK’s Largest Independent Oil and Gas Company
12/5/2024 - Equinor UK Ltd, a subsidiary of Equinor ASA and Shell UK Limited, a subsidiary of Shell plc are to combine their UK offshore oil & gas assets and expertise to form a new company which will be the UK N...
Fortum completes the divestment of its recycling and waste business
11/29/2024 - Fortum has completed the divestment of its recycling and waste business to Summa Equity. The transaction was announced on 18 July 2024.

The total consideration from the divestment is approx...
Parkmead Announces Preliminary Results for the Year Ended 30 June 2024
11/26/2024 - Parkmead, the independent energy group focused on growth through gas, oil and renewable energy projects, is pleased to report its preliminary results for the year ended 30 June 2024.

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SAE Receives the Penultimate Milestone Payment from BESS Project at USEP
11/22/2024 -  SAE is pleased to announce it has received the penultimate milestone payment of £1.5m under its agreement with EL (Uskmouth) Limited ("EL"), a subsidiary of FPC Electric Land.

On 5 Decembe...
NextPower UK ESG Acquires its Twelfth Asset
11/21/2024 - NextEnergy Capital is pleased to announce that NextPower UK ESG has acquired its twelfth asset, Staughton Solar Farm, raising NPUK’s portfolio capacity to 565MW.

Staughton Solar Farm is...
EQTEC plc Announces Disposal of MetalNRG Shares
11/15/2024 - EQTEC plc a leading licensor and innovator of syngas technology for clean conversion of the world's waste into sustainable energy and biofuels, to power the circular economy, announces the sale of its...
Star Energy Group Announces Sale of Non-core Asset
11/12/2024 - Star Energy (AIM:STAR) is pleased to announce that it has exchanged contracts for the sale of land at Alton, Hampshire to Pickerings Hire Limited for a cash consideration of £6.3m. The land was the lo...
Synergia Energy Announces Operational Update, Equity Issue and TVR
11/5/2024 - The Board of Synergia Energy Limited (Synergia or the Company) is very pleased to announce that it has arranged funding for the initial development of its UK carbon capture and storage ("CCS") project...
Challenger Energy Announces New Share & Option Issuance
11/1/2024 - On 29 October 2024, Challenger Energy, the Atlantic margin focused energy company, announced the closing of the farmout of a 60% interest in the AREA OFF-1 block to Chevron (the "Farmout"). Consequent...
OnPath Energy Completes Sale of Kype Muir Wind Farm Extension Shares
10/25/2024 -  OnPath Energy has completed the sale of its shares in the recently constructed Kype Muir Wind Farm Extension near Strathaven in South Lanarkshire to funds managed by Schroders Greencoat LLP.
Montrose Port Authority Nearly Doubles with Land Acquisition
10/21/2024 - Montrose Port Authority (MPA) is set to embark on a major expansion with the acquisition of Montrose Commercial Park and the adjacent former Charleton Maternity Home site.

This strategic, m...
Boralex Acquires Sallachy Wind Farm Project
10/10/2024 - In line with its growth ambitions in the United Kingdom, Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the acquisition of the yet-to-beconstructed Sallachy Wind Farm proj...
Atrato Onsite Announces Publication of Circular and Notice of General Meeting
10/4/2024 - On 3 October 2024, Atrato Onsite Energy plc (the "Company") announced that it had entered into a conditional agreement for the sale (the "Disposal") of its entire portfolio of solar assets (the "Portf...
Ithaca Energy Completes Combination with Eni UK
10/3/2024 - Ithaca Energy is pleased to announce the completion of its transformational combination with substantially all of Eni S.p.A.'s UK upstream oil and gas assets.

The Company confirms that...
Completion of the Combination of Eni’s UK upstream operations with Ithaca Energy
10/3/2024 - Eni S.p.A. (“Eni”) is pleased to announce the completion of the Combination of substantially all of its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities (“Eni UK Business...
i3 Energy Announces Extension of Licence P2358
10/1/2024 - i3 Energy is pleased to announce that the North Sea Transition Authority ("NSTA") has extended the Second Term of the P2358 Licence ("Licence") for a period of 18 months, so that it will end on 31st M...
Hartshead Confirms Execution of All Licences Awarded in the UKCS 33rd Licensing Round
9/17/2024 - Hartshead Resources has provided a further update on the results of the 33rd Licensing Round Applications. The Company has now received from the North Sea transition Authority (NSTA), as the regulator...
National Grid plc Announces Sale of Electricity System Operator
9/13/2024 - National Grid plc ("National Grid") is pleased to announce that it has reached agreement with HM Government on the terms of the sale of National Grid's Electricity System Operator ("ESO") for an enter...
Ramboll acquires data centre consulting company
9/4/2024 - Ramboll has acquired the data centre consulting company i3 Solutions Group. With the strategic acquisition, which follows the previous acquisition of EYP Mission Critical Facilities in 2022, Ramboll c...
KNOT Offshore Partners LP announces swap of Dan Cisne for Tuva Knutsen
9/3/2024 - KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”)

The Partnership announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has entered into agreements with our Spo...

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