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Energy

Latest Energy news and contracts

Engie eyes Forrest's housing and energy arms

Engie eyes Forrest's housing and energy armsSubscription

Engie is in talks to buy Forrest’s energy and housing arms after the firm failed in its refinancing bid, Construction News understands. 

Interserve: EfW client reduces claim over credit fears-Viridor

Interserve: EfW client reduces claim over credit fearsSubscription

Pennon has cut the amount it is seeking to claim from Interserve over its Glasgow energy-from-waste project due to the contractor’s low credit levels.

Interserve debts driven to £650m by fresh EfW costs

Interserve debts driven to £650m by fresh EfW costsSubscription

Interserve’s net debt has jumped more than expected and could hit £650m by the end of 2018, which the company blamed on further energy-from-waste losses and slow payments in the Middle East.

Interserve shares plummet on financing rumours

Interserve shares plummet on financing reportsSubscription

Interserve’s share price has hit an all-time low following reports the company is preparing to ask investors for more cash.

Moorside nuclear plant in doubt as Toshiba withdraws

Moorside nuclear plant in doubt as Toshiba withdrawsSubscription

The £10bn Moorside nuclear plant has been thrown into doubt after Toshiba announced it is winding up the NuGen business developing the project, having failed to secure a buyer.