Germany’s energy consumption rises 2.3% in H1 2025
Germany experienced a notable rise in energy consumption during the first half (H1) of 2025, according to a report released…
Power
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Endesa reports 30% increase in net profit to $1.2bn in H1 2025
Spanish multinational electricity company Endesa recorded a consolidated net profit of €1.041bn ($1.21bn) during the first half (H1) of 2025…
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DTE Energy to supply 3GW electricity to Big Tech data centres
Detroit-based utility DTE Energy is in discussions to deliver more than 3GW of electricity to support the expansion of Big…
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Prysmian, Terna sign $449m deal to enhance Italian grid
Prysmian Group, a company specialising in energy and telecom cable systems, has secured a framework agreement with Terna, Italy's transmission…
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Hitachi secures $700m contract from E.ON to strengthen grid infrastructure in Germany
Hitachi Energy has secured a contract worth up to $700m (SFr563.85m) with network operator E.ON to supply transformers for Germany’s…
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Portugal to invest $466m to enhance grid management, post blackout
Portugal has announced plans to invest up to €400m ($466m) to strengthen its electricity grid and increase battery storage capacity,…
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ArcLight plans $5bn investment in North American power infrastructure
ArcLight Capital Partners has acquired Advanced Power and announced an initial $1bn equity commitment aimed at expanding North American power…
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CenterPoint Energy boosts ten-year capital plan by $500m
CenterPoint Energy has announced a significant boost to its ten-year capital investment strategy, with an additional $500m allocated to address…
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Iberdrola completes $5.8bn capital raise for grid investments
Iberdrola has completed a €5bn ($5.8bn) capital raise, aimed at supporting its electricity grid investments across the US and UK.…
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US DoE withdraws $4.9bn loan guarantee for Grain Belt Express
The US Department of Energy (DoE) has announced that the Loan Programs Office (LPO) has revoked its conditional commitment offering a…
