We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
Earnings per share expected to be 25% higher than previously expected
Proceeds will be used to fund transition to renewable energy
UK power group stresses renewables investment ahead of potential windfall tax
Group forecasts 25% rise in earnings on back of soaring wholesale power prices
Voluntary scheme would see some production sold at fixed prices well below wholesale rates
Scottish energy group’s boss rejects government claim of ‘extraordinary’ profits
Scottish energy group’s higher investment target comes alongside increased profit projections
Renewable power boost and record high prices as a result of Ukraine war lead Scottish group to upgrade forecast
Activists are pushing the business to split out its renewable energy operation but a hybrid portfolio has its benefits
UK energy group expects full-year adjusted earnings to be ‘at least’ 90p a share
Royal London says activist hedge fund’s strategy would cause ‘disruption’ and hurt UK’s net zero ambitions
Business secretary and MPs criticise response with 500 homes still without power as yet more severe weather hits country
Demands by feared activist are innocuous enough but lay foundations for greater change at energy group
US hedge fund criticises long-term chief and calls for two new independent directors to join board
The UK energy group cannot resist a renewables split indefinitely
UK energy company focuses on plan to increase investment in renewables to £12.5bn
Company blames low winds and dry weather for wind and hydro shortfall
A spin-off would be a bet that renewables can maintain their edge
Plus, Evergrande jitters spread and how women will dominate the labour market
US investor is pushing for Scottish company to separate or sell its renewables business
Deal with OTPP and Brookfield part of group’s plan to divest assets and reinvest in renewables
Company is latest UK energy group seeking to reduce exposure to sector as energy transition looms
Three groups contest parts of regulator’s decision that will reduce returns by almost 40%
Acquisition from Equinor and SSE marks energy group’s entry into northern European offshore wind market
Financial dynamics have moved in favour of the project
UK Edition
