Utilities

Companies involved in the generation, transmission and distribution of electricity, the supply of gas, and the provision of water and wastewater services. UK‑listed companies in this sector include National Grid plc, SSE plc, Centrica plc, Severn Trent plc, United Utilities plc and Pennon Group plc.

Drax upgrades 2026 EBITDA outlook after strong trading and BSIF acquisition

Drax expects 2026 adjusted EBITDA to be around the top of the £680–711 million consensus range, following strong operational performance and the completion of its £561 million acquisition of Bluefield..

Drax positions for UK electricity market reform

Drax is pushing for wider electricity cost reform as the UK considers how to support electrification, industrial investment and long-term energy infrastructure...

MeyGen builds the case for larger-scale tidal power in Scotland

MeyGen’s operating tidal array and expansion plans position the Pentland Firth project as a key test of commercial-scale tidal energy...

Ampeak Energy targets the growing role of battery storage

Ampeak Energy is building its battery storage strategy around grid access, electricity trading and the growing need for flexible power infrastructure...

METLEN sells Tamarico II solar and battery storage project in Chile

METLEN has agreed to sell the Tamarico II hybrid renewable energy project in Chile’s Atacama Region to Copec Flux. The project combines 165 MW of solar capacity with a 725..

Drax appoints Joep van Beurden as non-executive director

Joep van Beurden will join the Drax Board as a non-executive director from 1 October 2026, bringing extensive leadership and international business experience...

Ampeak Energy advances Uskmouth battery portfolio with £7.8m AW1 investment

Ampeak Energy has secured £7.8 million for its AW1 battery project as construction progresses and its larger AW2 development moves forward with planning approval...

Ampeak Energy appoints Peter Parry as Non-Executive Director

Peter Parry joins Ampeak Energy’s Board with immediate effect, bringing extensive experience in financial oversight, risk, governance and business leadership...

Drax presses for broader UK electricity market reform

Drax says the electricity VAT cut should be followed by wider pricing reform to support electrification and long-term energy investment...

SSE hosts investor event focused on SSEN Transmission

SSE is hosting analysts and institutional investors in Aberdeen for an update on SSEN Transmission’s £29bn RIIO-T3 investment plan, including project delivery, asset management, finance and regulation...

Ampeak Energy secures £7.8m strategic investment in AW1 Battery Storage Project

JB Energy has acquired a 24.7% stake in Ampeak Energy’s AW1 battery storage project for £7.8m, supporting the project’s planned expansion from 240MWh to 480MWh and accelerating Ampeak’s wider development..

Drax expands Selby community partnership as local engagement grows

Drax is strengthening its local position in Selby by supporting community projects and building closer links with local organisations and political representatives...

Battery storage takes a central role in the next phase of energy infrastructure

Battery storage is becoming a key part of modern energy infrastructure as renewable generation and high-demand electricity users increase the need for flexible, reliable power...

Drax advances £80 million Cruachan upgrade as grid flexibility takes focus

Drax is progressing an £80 million refurbishment of its Cruachan pumped storage hydro station as it strengthens its position in flexible generation and energy storage...

Drax expands its role in the UK’s flexible power system

Drax is expanding its focus on flexible generation and storage as rising renewable output, electricity demand and new technologies reshape the UK energy market...

MeyGen moves tidal power towards larger-scale deployment

Scotland’s MeyGen project is building the operating record needed to support larger-scale tidal energy development...

Drax expands UK power portfolio with £548 million solar and wind deal

Drax has completed a £548 million solar and wind acquisition that expands its UK generation portfolio and adds a substantial pipeline of future projects...

Telecom Plus FY27 trading ahead of target as five-year plan gains momentum

Telecom Plus reported encouraging early progress in FY27, with customer growth ahead of target and full-year guidance reiterated...

Drax Group gains strategic diversity from BSIF acquisition, says Longspur Research

Drax Group (LON:DRX) has added greater diversity and new long-term options to its UK power portfolio following the acquisition of Bluefield Solar Investment Fund, highlighted in the latest research note..

UK tidal power moves closer to a commercial opportunity

UK tidal power has significant resource potential, but commercial growth will depend on lower costs, reliable technology, supportive policy and successful project delivery...
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Utilities

Drax upgrades 2026 EBITDA outlook after strong trading and BSIF acquisition

Drax expects 2026 adjusted EBITDA to be around the top of the £680–711 million consensus range, following strong operational performance and the completion of its £561 million acquisition of Bluefield Solar Income Fund...

Drax positions for UK electricity market reform

Drax is pushing for wider electricity cost reform as the UK considers how to support electrification, industrial investment and long-term energy infrastructure...

MeyGen builds the case for larger-scale tidal power in Scotland

MeyGen’s operating tidal array and expansion plans position the Pentland Firth project as a key test of commercial-scale tidal energy...

Ampeak Energy targets the growing role of battery storage

Ampeak Energy is building its battery storage strategy around grid access, electricity trading and the growing need for flexible power infrastructure...

METLEN sells Tamarico II solar and battery storage project in Chile

METLEN has agreed to sell the Tamarico II hybrid renewable energy project in Chile’s Atacama Region to Copec Flux. The project combines 165 MW of solar capacity with a 725 MWh battery energy storage system, expandable to 925 MWh...

Drax appoints Joep van Beurden as non-executive director

Joep van Beurden will join the Drax Board as a non-executive director from 1 October 2026, bringing extensive leadership and international business experience...

Ampeak Energy advances Uskmouth battery portfolio with £7.8m AW1 investment

Ampeak Energy has secured £7.8 million for its AW1 battery project as construction progresses and its larger AW2 development moves forward with planning approval...

Ampeak Energy appoints Peter Parry as Non-Executive Director

Peter Parry joins Ampeak Energy’s Board with immediate effect, bringing extensive experience in financial oversight, risk, governance and business leadership...

Drax presses for broader UK electricity market reform

Drax says the electricity VAT cut should be followed by wider pricing reform to support electrification and long-term energy investment...

SSE hosts investor event focused on SSEN Transmission

SSE is hosting analysts and institutional investors in Aberdeen for an update on SSEN Transmission’s £29bn RIIO-T3 investment plan, including project delivery, asset management, finance and regulation...

Ampeak Energy secures £7.8m strategic investment in AW1 Battery Storage Project

JB Energy has acquired a 24.7% stake in Ampeak Energy’s AW1 battery storage project for £7.8m, supporting the project’s planned expansion from 240MWh to 480MWh and accelerating Ampeak’s wider development portfolio...

Drax expands Selby community partnership as local engagement grows

Drax is strengthening its local position in Selby by supporting community projects and building closer links with local organisations and political representatives...

Battery storage takes a central role in the next phase of energy infrastructure

Battery storage is becoming a key part of modern energy infrastructure as renewable generation and high-demand electricity users increase the need for flexible, reliable power...

Drax advances £80 million Cruachan upgrade as grid flexibility takes focus

Drax is progressing an £80 million refurbishment of its Cruachan pumped storage hydro station as it strengthens its position in flexible generation and energy storage...

Drax expands its role in the UK’s flexible power system

Drax is expanding its focus on flexible generation and storage as rising renewable output, electricity demand and new technologies reshape the UK energy market...

MeyGen moves tidal power towards larger-scale deployment

Scotland’s MeyGen project is building the operating record needed to support larger-scale tidal energy development...

Drax expands UK power portfolio with £548 million solar and wind deal

Drax has completed a £548 million solar and wind acquisition that expands its UK generation portfolio and adds a substantial pipeline of future projects...

Telecom Plus FY27 trading ahead of target as five-year plan gains momentum

Telecom Plus reported encouraging early progress in FY27, with customer growth ahead of target and full-year guidance reiterated...

UK tidal power moves closer to a commercial opportunity

UK tidal power has significant resource potential, but commercial growth will depend on lower costs, reliable technology, supportive policy and successful project delivery...
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Utilities

FTSE 100

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