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Energy supplier ban over smart meter enrolment could damage growth plans; DCC parent Capita sees £1bn value wipe-out

“These companies could face further punishments, and potentially lose their licences if they don’t resolve this situation soon,” says Owen. “These five energy companies might not be household names - accounting for fewer than 100,000 households between them - but the smart meter network won’t work properly until every supplier is using the same communications infrastructure.”

Interiors retailer Pier 1 enters Chapter 11 and searches for buyer

NYSE-listed Pier 1 Imports, the interiors and home accessories retailer that is also home to a collection by American interiors and makeover guru Joanna Gaines, is pursuing a sale of the company and has entered into a Plan Support Agreement with a majority of its term loan lenders. This means the Company and...

Greencoat acquires Letteragh Wind Farm in €35.4m deal; Graziano joins the board from Vestas

Listed Greencoat Renewables, a Euro-based renewable infrastructure company, has acquired Letteragh Wind Farm, a 14.1MW wind farm situated in County Clare, on Ireland's west coast, for an initial consideration of €35.4m. This brings Greencoat Renewables' portfolio of operational wind assets to 476MW. Seahound Wind Developments Limited developed Letteragh. HSH Nordbank provided project finance for the wind farm’s construction....

NHS Property Services to power portfolio with 100% renewable energy

NHS Property Services (NHSPS) has signed two new energy contracts via Inspired Energy to power its portfolio with 100% renewable power. British Gas will provide 100% renewable electricity and Corona will provide natural gas to all their properties across England by April 2020. NHSPS is responsible for around 11 per...

Cannabis drug saves the day for NHS child epilepsy patients; HNWs targeted for cannabis fund market

The European Pharmaceutical Review reported today that Epidyolex, produced by GW Pharma, which contains cannabidiol (CBD) and can now be prescribed by doctors to eligible patients along with clobazam. The drug is indicated for the treatments of Lennox Gastaut Syndrome and Dravet Syndrome. It is intended for use in children from age two to adults, after...

Private equity 2020: Citi’s Bailin expects bumper deal flow and HNW allocations to rise

Citi Private Bank’s Chief Investment Officer, David Bailin, says he is seeing high-net-worth clients allocating 20 per cent of their portfolios into the private market, with half of their private commitments increasingly earmarked for private equity. The CIO expects 2020 to be a very active M&A year for private equity given that the...

Carlyle’s Rubenstein: Warren’s GP debt pension obligation proposal for private equity ‘unlikely’ and has no Congressional support from either side

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https://www.cnbc.com/2019/11/05/david-rubenstein-warren-wealth-tax-not-answer-to-society-problems.html?__source=twitter

Premier League footballer earns average lifetime earnings in 90 days; broadcast rights key to club growth and linked business opportunities

Everton 1-0 Watford An Everton fan shows his delight as he is surrounded by blue and white flags before the match at Goodison Park. Photo Source: Premier League/Getty Images

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