United Kingdom Energy Company Taps Niche in Offshore Wind

Floating wind turbines in the ocean.

British renewable energy supplier Octopus Energy is eyeing a new and relatively untapped slice of the U.S. offshore energy wind market, with the company set to invest in a California-based startup focused on floating wind turbines. Octopus will be investing between $10 million and $30 million in Ocergy, a producer of offshore energy wind-turbine foundations, as it…

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Proposed merger of New Mexico, Connecticut energy companies ends; deal valued at more than $4.3B

energy company fails to complete merger of resource companies in new mexico

Officials with New Mexico’s largest electric utility said Tuesday that a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has been scuttled. Under the proposal, Connecticut-based Avangrid would have acquired PNM Resources and its two utilities. The two utility companies are Public Service Co. of New Mexico and Texas New Mexico Power. The…

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DOE announces $42 million in funding for Building America’s Energy Infrastructure Faster, Safer, and Cleaner

white house

Grantchester Growth focuses investments on clean energy infrastructure; with over four decades of industry experience, we bring a wealth of relationships and expertise and partners.   A clean transportation sector is not possible without electric vehicles (EV).   In January 2023, DOE announced $42 million in funding for projects that will be selected for the Electric Vehicles…

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