KKR is set to acquire Smart Metering Systems in a £1.3 billion ($1.63 billion) cash deal, enabling the energy infrastructure firm to accelerate growth and become a fully integrated energy infrastructure company. The acquisition will provide SMS with resources to pursue growth plans in smart metering and grid-scale battery storage. The deal is subject to regulatory and shareholder approvals.
Estonia suspects sabotage in Baltic Sea energy infrastructure damage, raising concerns about regional energy security. Ongoing investigations will determine necessary preventive measures.
Four Republican senators oppose Biden administration's waiver of Buy America rules for EV charging stations, citing risk of Chinese control. Learn more.
Russian intelligence studies Ukraine's energy infrastructure, raising concerns about security and stability. Stay informed on this critical development.