© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Billionaire investor Křetínský and trader Vitol eye fortune in British power plant subsidies

Exclusive: Looming auction to earmark £1.5bn to put power generators on standby and keep the lights on

The billionaire West Ham United investor Daniel Křetínský and Swiss commodities giant Vitol are among bidders hoping to land hundreds of millions of pounds in subsidies to keep the lights on in Great Britain.

National Grid’s electricity system operator is preparing to announce successful bidders in a “capacity market” auction this month for 2026.

Continue reading…

Related posts

UK ministers will respond to US tariffs with ‘calm heads’, Starmer tells business chiefs

AEA3

Far-right terror suspects arrested in Yorkshire, Wiltshire and Wales

AEA3

‘Decide who you are with’, Ukrainian leader tells Viktor Orbán

AEA3

Pin It on Pinterest

Share This