SAE Renewables secures £67.4m financing for flagship AW1 battery storage project

SAE has achieved financial close for its 240MWh AW1 battery storage project at Uskmouth, securing £67.4m in funding. The project is forecast to deliver average annual revenues of £13m and EBITDA of £9m over its first five years, with operations set to begin in Q1 2027...

SAE secures contracts for 240MWh AW1 battery project at Uskmouth

SAE has signed supply and construction agreements for its 240MWh AW1 battery storage project at Uskmouth Sustainable Energy Park, with potential to scale to 480MWh. Canadian Solar will supply the batteries and provide a 15-year service agreement, while Jones Bros will handle construction. A 12-year revenue deal with EDF and a framework for 1.1GWh of future battery supply have also been agreed...

Zotefoams delivers record H1 revenue and profit in 2025 Interim Results

Zotefoams reported a 9% rise in H1 revenue to £77.4m and a 37% increase in profit before tax to £11.4m. Strong growth in Consumer & Lifestyle and Transport & Smart Technologies contributed to record performance, while improved margins and cash flow supported a 5% rise in the interim dividend...

Union Jack Oil calls General Meeting to approve fundraising warrants

Union Jack Oil has scheduled a General Meeting for 26 August 2025 to seek shareholder approval for the issue of warrants linked to its recent fundraising. The meeting will be held at The Bristol Hotel, with full details available on the company’s website...

Gattaca delivers profit growth in FY25, exceeds guidance

Gattaca expects FY25 net fee income of £38.8m, with profit before tax ahead of guidance at up to £3.3m. The Group has also acquired cyber security recruitment firm Infosec People for £2.1m to strengthen its presence in high-demand sectors...

Zotefoams forms Vietnam JV with Seoheung for $10m expansion

Zotefoams has signed a joint venture with footwear manufacturer Seoheung Co. Ltd., which will invest $10m for a 17.5% stake in a new Vietnamese facility. The project, expected to cost $32m in total, aims to expand production of advanced 3D foam preforms for the athletic footwear market. Brandon Thomas, formerly of Nike, has been appointed Managing Director - Asia to lead the initiative...

CyanConnode secures £1.2m follow-on order for in MENA region

CyanConnode has received a follow-on order worth over AED 5.8 million (£1.2m) for cellular gateways in the MENA region. The contract supports a multi-year smart metering rollout, with delivery scheduled by 31 March 2026...

Johnson Service Group Plc moves to Main Market listing

Johnson Service Group PLC has completed its transition from AIM to the Main Market of the London Stock Exchange. Trading of its ordinary shares under the existing ISIN (GB0004762810) and TIDM (JSG) commenced at 8.00 a.m. today...

Equipmake issues FY25 trading update, highlighting strategic progress

Equipmake reported FY25 revenue of £4.4 million, reflecting the impact of its strategic review and cost restructuring. A £5 million investment from Caterpillar Venture Capital and operational changes have strengthened the business, reducing costs by 35%...

Time Finance secures over £250m in funding facilities

Time Finance has increased its total funding facilities to more than £250 million, providing over £95 million in headroom to support its three-year growth strategy through to May 2028. The expanded facilities, backed by eight long-standing funding partners, will help meet continued demand across Asset and Invoice Finance divisions...

Rio Tinto and Hancock Prospecting Commit $1.61 Billion to Develop Hope Downs 2 Iron Ore Project

The two new above-water-table iron ore pits will have a combined total annual production capacity of 31 million tonnes and will sustain production from the Hope Downs Joint Venture into the future...

Tritax Big Box REIT Secures £400m Revolving Credit Facility to Fuel Strategic Growth

The New RCF, maintains the same margin structure and extends the Company’s average debt maturity, supporting the delivery of its strategic objectives...

GSK Plc files to broaden Arexvy use in Japan

GSK's RSV vaccine has gained regulatory approval in Japan for adults aged 18-49 at increased risk, expanding protection against this common respiratory virus...

Berkeley Group reports £529m profit, £382m shareholder returns for FY25

Berkeley Group Holdings announces solid financial results for FY25, highlighting impressive profit and strategic growth in affordable housing amid market challenges...

Vodafone Group Plc names Pilar López as CFO Designate

Vodafone Group has appointed Pilar López as Chief Financial Officer Designate, effective October 1, 2025, marking a significant leadership transition for the telecom giant...

Ocean Wilsons reports Q2 NAV growth and progress on Hansa merger

Ocean Wilsons posted a 6.2% investment portfolio return in Q2 2025 and completed the US$594 million sale of Wilson Sons. The company returned £109.1 million to shareholders via a tender offer and is progressing with a proposed all-share merger with Hansa, expected to complete in late September...

Murray International Trust reports strong half-year returns and dividend growth

Murray International Trust delivered a NAV total return of 6.0% and a share price total return of 11.6% for the six months to 30 June 2025, outperforming its reference index. The company declared two interim dividends of 2.6p per share and achieved ‘Dividend Hero’ status for 20 consecutive years of dividend growth...

Workspace Group Plc CFO Dave Benson to step down in 2026

Workspace Group has announced that Chief Financial Officer Dave Benson will leave his role and Board position in 2026. Chairman Duncan Owen will lead the search for his successor through a formal selection process, with further details on Benson’s departure to follow...

Vistry Group Plc buys former Rugeley Power Station for housing project

Vistry Group has purchased the 139-hectare former Rugeley Power Station site from ENGIE, with plans to build 2,300 homes alongside an all-through school, riverside park, commercial space, and mixed-tenure housing...

Frasers urges independent probe into allegations against boohoo Executive

Frasers Group has released a letter from its legal advisers to the Chairman of boohoo, urging an urgent and independent investigation into allegations of misconduct by Executive Vice Chair Mahmud Kamani...

Savills H1 2025 profit up 78% as revenue rises to £1.13bn

Savills plc reported a 6% increase in revenue to £1.13 billion and a 78% rise in reported profit before tax to £15.8 million for the first half of 2025. Growth was driven by strong consultancy and property management performance, offsetting softer transactional activity in Q2...

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