Verisk divests Wood Mackenzie to Veritas
Verisk Analytics Inc. has reached an agreement to sell Wood Mackenzie to Veritas Capital for US$3.1 billion, as Verisk seeks to consolidate its operations and concentrate on insurance.
Wood Mackenzie is a global research and consulting firm that provides data, written analysis, and consultancy advice to the energy, chemicals, renewables, metals, and mining industries.
The acquisition, which is slated to finalize in Q1 of 2023, includes a contingent payment of up to US$200 million for Verisk in the future.
Country updates
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December 07, 2022
Balance Power to develop 49.5 MW battery storage project in Cornwall
Cornwall County Council has approved Balance Power's 49.5 MW battery storage project in St. Austell, Cornwall, England, following significant community engagement, parish council meetings, and a pre-a...
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December 06, 2022
Octopus Energy acquires British solar developer
Octopus Energy Group has announced the acquisition of Zestec Renewable Energy in order to install inexpensive solar panels on the rooftops of British businesses, hence reducing energy costs. Zestec i...
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December 02, 2022
Sonnedix invests in 300 MW UK solar projects
Sonnedix has acquired five solar photovoltaic (PV) projects in the UK with a total capacity of 300 MW from Lightsource bp. During the first year of operation, the projects located in various location...
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November 30, 2022
Boom Power secured planning approval for 50 MW Kenley Solar Farm in East Yorkshire
Boom Power has closed the planning approval for the development of the 49.9 MW solar photovoltaic project that will be constructed on about 94 ha of land in Hull, East Yorkshire, UK. Named 'Ken...
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November 29, 2022
Engie invests in 50 MW Scottish battery storage project
Intelligent Land Investors (ILI) Group, Abbey Group, and YOO Energy have announced the sale of a 50 MW battery storage project in Scotland to Engie. The South Lanarkshire Council planning committee c...
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