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Innogy’s board approves acquisition of Yorkshire Power Group

Innogy's board today approved the acquisition of 94.75% of Yorkshire Power Group Limited.

Ireland to receive innogy’s first global utility-scale storage project

German energy company innogy has announced its final investment decision for a large-scale, 60 MW battery storage facility in the Irish county of Monaghan,...

Innogy falls to RWE

Innogy, the UK's largest electricity supplier today announced that it had accepted a 275p-a-share offer from RWE, the German multi-utility. The move will leave more than half the UK power industry in foreign ownership.

Innogy and TXU settle dispute

A court action by UK utility Innogy to have TXU Europe wound up over an energy trading dispute was settled yesterday. London's High Court agreed to dismiss Innogy's petition after the companies reached the deal but neither firm would give details of the settlement.

RWE closes in on Innogy

Speculation has mounted this week concerning the possibility of a take-over of UK utility Innogy by German power group RWE. Sources close to both sides indicated that talks were continuing although price still separates the sides.

RWE launches Innogy

RWE debuted its Innogy business in Frankfurt on Friday morning, as it looks to respond to market forces that have severely impacted its profitability over the last seven years.

Innogy result a blow to RWE

Innogy, RWE's renewables, grid and retail offshoot, has recorded a 7 per cent fall in core profit.

RWE’s Innogy takeover accomplished

German utility company RWE said Monday that it has completed the acquisition of the UK's Innogy Holdings PLC after 83.02 per cent of Innogy shareholders accepted RWE's offer

Innogy and Northern Electric swap assets

UK electricity generator and retailer Innogy announced on Monday that it is to swap its interest in Yorkshire electricity distribution business and associated debt for Northern Electric's energy supply business. Northern Electric, the Newcastle-upon-Tyne based power and gas business, will pay £5 million ($7.15 million) to Innogy, subject to adjustments, for the interests which were part of the recent acquisition of Yorkshire Power Group.

Innogy interested in bid for Drax

UK power producer Innogy, part of the RWE group, is reported to be interested in buying back the buying Drax power plant, the UK's largest power station, from its American owner AES Corp.