Renk Group AG: Dr. Klaus Eberhard und Eva-Maria Richter, Acquisition

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them,
13. Nov 2026 / 11:23 CET/CEST, transmitted by GlobeNewswire.

The issuer is solely responsible for the content of this announcement.


1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title Dr.
First name Klaus Eberhard und Eva-Maria
Last name Richter

2. Reason for the notification

a) Position / status

Member of the administrative or supervisory body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

Renk Group AG

b) LEI

894500H8CNSZ53EI6K63

4. Details of the transaction(s)

a) Description of the financial instrument

Type Share
ISIN DE000RENK730

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s) Volume(s)
33.63 EUR 38,674.50 EUR

d) Aggregated information

Price Aggregated volume
33.63 EUR 38,674.50 EUR

e) Date of the transaction (CET/CEST)

12.11.2026

f) Place of the transaction

Outside a trading venue

End of message


GlobeNewsWire Distribution Services include regulatory announcements, financial/corporate news and press releases.

Archive at www.globenewswire.com


Language English
Company Renk Group AG
Gögginger Str. 73
86159 Augsburg
Germany
Internet https://www.renk.com/

Frontline plc.’s preliminary third quarter 2026 results will be released on
Friday November 20, 2026, and a webcast and conference call will be held at 3:00
p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be
available for download from the Investor Relations section at
www.frontlineplc.cy ahead of the conference call.

In order to attend the conference call you may do one of the following:

a. Webcast
Go to the Investor Relations section at www.frontlineplc.cy and follow the
“Webcast” link, or access directly from the link below.

Frontline plc Q3 2026 Webcast

b. Conference Call
Participants will need to register online prior to the conference call via the
link below. Dial-in details will be available when registered.

Frontline plc Q3 2026 Conference Call

A Q&A session will be held after the teleconference/webcast. Information on how
to submit questions will be given at the beginning of the session.

The presentation material which will be used in the teleconference/webcast can
be downloaded from www.frontlineplc.cy.

This information is subject to the disclosure requirements pursuant to section
5 -12 of the Norwegian Securities Trading Act.

Renk Group AG: Dr. Klaus Eberhard und Eva-Maria Richter, Acquisition

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them,
13. Nov 2026 / 11:16 CET/CEST, transmitted by GlobeNewswire.

The issuer is solely responsible for the content of this announcement.


1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title Dr.
First name Klaus Eberhard und Eva-Maria
Last name Richter

2. Reason for the notification

a) Position / status

Member of the administrative or supervisory body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

Renk Group AG

b) LEI

894500H8CNSZ53EI6K63

4. Details of the transaction(s)

a) Description of the financial instrument

Type Share
ISIN DE000RENK730

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s) Volume(s)
33.605 EUR 11,761.75 EUR

d) Aggregated information

Price Aggregated volume
33.605 EUR 11,761.75 EUR

e) Date of the transaction (CET/CEST)

12.11.2026

f) Place of the transaction

Outside a trading venue

End of message


GlobeNewsWire Distribution Services include regulatory announcements, financial/corporate news and press releases.

Archive at www.globenewswire.com


Language English
Company Renk Group AG
Gögginger Str. 73
86159 Augsburg
Germany
Internet https://www.renk.com/

– Earnings Call Scheduled for 7:00 a.m. ET on November 25, 2026

SINGAPORE, Nov. 13, 2026 (GLOBE NEWSWIRE) — Super Hi International Holding Ltd. (“Super Hi” or the “Company”) (NASDAQ: HDL and HKEX: 9658), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international markets, today announced that it will report its unaudited financial results for the third quarter of FY2026 on Wednesday, November 25, 2026, before the open of U.S. markets.

The Company’s management will host an earnings conference call to discuss financial results of the third quarter of 2026 at 7:00 AM U.S. Eastern Time on November 25, 2026 (8:00 PM Singapore/Hong Kong Time on November 25, 2026).

A live webcast of the call will be available in both English and Chinese. Participants may access the webcast using the following links:
English: https://edge.media-server.com/mmc/p/xpjt6yzc
Chinese: https://edge.media-server.com/mmc/p/xpjt6yzc/lan/zhs

To join by phone, please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers and a personal passcode.
Registration Link (Chinese only):
https://register-conf.media-server.com/register/BIce840752aa6a4ceda62fc9be1c73d766

Additionally, an archived webcast of this conference call will be available at the Company’s Investor Relations website at http://ir.superhiinternational.com.

About Super Hi
Super Hi is a catering company that operates hot pot restaurants under the Haidilao brand in the international markets. Haidilao is a leading Chinese cuisine restaurant brand. With roots in Sichuan from 1994, Haidilao has become one of the most popular and largest Chinese cuisine brands in the world. With over 32 years of brand history, Haidilao is well-loved by guests for its unique dining experience — warm and attentive service, great ambiance and delicious food, standing out among global restaurant chains, which has made Haidilao restaurants into a worldwide cultural phenomenon. Haidilao has been ranked as one of the “world’s most valuable restaurant brands” for eight consecutive years since 2019, and has been recognized as “World’s Strongest Restaurant Brand” by Brand Finance for three consecutive years from 2024 to 2026. As of June 30, 2026, Super Hi had 129 self-operated Haidilao restaurants in 14 countries across four continents.

For investor and media inquiries, please contact:
Investor Relations
Email: superhi_ir@superhi-inc.com
Phone: +1 (212) 574-7992

Public Relations
Email: media.hq@superhi-inc.com

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

Neuberger Private Equity Partners Announces Transaction in Own Shares

St Peter Port, Guernsey 13 November 2026

The following correction has been made to the Transaction in Own Shares announcement released on 13 November 2026 at 09:31.

Neuberger Private Equity Partners Limited (“NBPE” or the “Company”) today announces details of Class A Shares bought back pursuant to general authority granted by shareholders of the Company on 11 June 2026 and the share buy-back agreement with Jefferies International Limited.

Transaction on London Stock Exchange

Date of purchase of Shares 12 November 2026
Number of Shares purchased 49,849 Class A Shares
Highest price/lowest price paid £15.52 / £15.40
ISIN for the Shares GG00B1ZBD492

All Class A Shares bought back will be cancelled. Following the cancellation, the number of outstanding Class A Shares is 35,951,699‬. The Company also has 3,150,408 Class A shares held in treasury. For reporting purposes under the FCA’s Disclosure Guidance and Transparency Rules the market should use the figure of 35,951,699 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

For further information, please contact:

NBPE Investor Relations +44 20 3214 9002
Luke Mason NBPrivateMarketsIR@nb.com

Highvern Fund Services +44 1481 668732

 hfslnbpep@highvern.com

About Neuberger Private Equity Partners Limited

Neuberger Private Equity Partners Limited (“NBPE”) invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

LEI number: 213800UJH93NH8IOFQ77

About Neuberger

Neuberger was founded in 1939 to do one thing: deliver compelling investment results for our clients over the long term. This remains our singular purpose today, driven by a culture rooted in deep fundamental research, the pursuit of investment insight and continuous innovation on behalf of clients, and facilitated by the free exchange of ideas across the organization.

From offices in 39 cities[1] across 26 countries, Neuberger manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide. With more than 780[1] investment professionals and over 2,900[1] employees in total, Neuberger has built a diverse team of individuals united in their commitment to client outcomes and investment excellence. Our culture has afforded us enviable retention rates among our senior investment staff and we are proud to have been ranked 1st by Pensions & Investments in their 2025 “Best Places to Work in Money Management” survey, where we have placed 1st in four of the last five years and finished in the top two for 12 consecutive years[2].

As a private, independent, employee-owned investment manager, Neuberger is structurally aligned with the long-term interests of our clients. We have no external parent or public shareholders to serve, nor other lines of business to distract us from our core mission. And with our employees and their families invested alongside our clients—plus 100% of employee deferred cash compensation directly linked to team and firm strategies—we are truly in this together.
For more information, please visit our website: www.nb.com/en/global/who-we-are.

Media Contacts:
US: Soogyung Jordan: Soogyung.Jordan@nb.com
EMEA: Fiona Kehily: Fiona.Kehily@nb.com

[1] Firm data reflects the collective data for the various subsidiaries of Neuberger Berman Group LLC as of 30 June 2026.

[2] Among organizations with over 1,000 employees by Pensions & Investments. For additional information on the criteria for the award, please visit https://www.pionline.com/awards/best-places-to-work-in-money-management/pi-best-places-to-work-2025.

This material is issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications to learn about each company and the legal restrictions and restrictions. The name “Neuberger Berman” and logo are registered service marks of Neuberger Berman Group LLC.

© 2026 Neuberger Berman Group LLC. All rights reserved.

This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

The shares in Equinor ASA (OSE: EQNR; NYSE: EQNR) will as from today be traded on the Oslo Stock Exchange exclusive the second quarter 2026 cash dividend as detailed below.

Ex. date: 13 November  2026

Cash dividend amount: 0.39

Announced currency: USD

This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

OSB GROUP PLC announces Indicative Results of its Tender Offers for its
£300,000,000 Fixed Rate Resetting Notes due 7 September 2028 and £400,000,000 Fixed Rate Resetting Notes due 16 January 2030

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (the EUWA).

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT, OR TO ANY ADDRESS, IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (the United States) OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

13 November 2026. OSB GROUP PLC (the Offeror) announces today the indicative (non-binding) results of its separate invitations to holders of its outstanding: (i) £300,000,000 Fixed Rate Resetting Notes due 7 September 2028 (ISIN: XS2642668821) (the 2028 Notes); and (ii) £400,000,000 Fixed Rate Resetting Notes due 16 January 2030 (ISIN: XS2747270986) (the 2030 Notes and, together with the 2028 Notes, the Notes and each a Series) to tender their Notes for purchase by the Offeror for cash (each such invitation, an Offer, and together, the Offers).

The Offers were announced on 5 November 2026 and were made on the terms and subject to the conditions contained in the tender offer memorandum dated 5 November 2026 (the Tender Offer Memorandum) prepared by the Offeror in connection with the Offers. Capitalised terms used but not otherwise defined in this announcement shall have the meanings given to them in the Tender Offer Memorandum.

Expiration Deadline

The Expiration Deadline for the Offers was 4.00 p.m. (London time) on 12 November 2026.

As at the Expiration Deadline, the Offeror had received valid tenders for purchase pursuant to the Offers of (i) £279,585,000 in aggregate principal amount of the 2028 Notes; and (ii) £354,849,000 in aggregate principal amount of the 2030 Notes.

Expected Series Acceptance Amounts

If the Offeror decides to accept Notes for purchase pursuant to the relevant Offer(s), the level at which it expects to set the Final Acceptance Amount is £634,434,000. Accordingly, the levels at which the Offeror expects to set each Series Acceptance Amount are as follows:

Series Aggregate principal amount tendered Expected Series Acceptance Amount
  1. Expected Scaling Factor
2028 Notes £279,585,000 £279,585,000 Not Applicable
2030 Notes £354,849,000 £354,849,000 Not Applicable

Noteholders should note that this is a non-binding indication of the levels at which the Offeror expects to set each Series Acceptance Amount.

Pricing for the Offers is expected to take place at around 11.00 a.m. (London time) (the Pricing Time) today. As soon as reasonably practicable after the Pricing Time, the Offeror intends to announce whether it will accept any valid tenders of Notes pursuant to either or both of the Offers and, if so accepted, the Final Acceptance Amount, each Series Acceptance Amount, each Benchmark Security Rate, each Purchase Yield, each Purchase Price and the aggregate principal amount of each Series that will remain outstanding after the Settlement Date.

The Settlement Date in respect of the Notes accepted for purchase pursuant to the Offers is expected to be 16 November 2026.

Jefferies International Limited (Attention: Liability Management EMEA; Telephone: +44 20 7029 8000; Email: liabilitymanagement@jefferies.com) and Morgan Stanley & Co. International plc (Attention: Liability Management Team, Global Capital Markest; Telephone: +44 20 7425 5695; Email: liabilitymanagementeurope@morganstanley.com) and Kroll Issuer Services Limited (Attention: Owen Morris; Telephone: +44 20 7704 0880; Email: osb@is.kroll.com).

  1. This announcement is released by the Offeror and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the EUWA (UK MAR), encompassing information relating to the Offers described above. For the purposes of UK MAR and the Implementing Technical Standards, this announcement is made by Jason Elphick, Group General Counsel and Company Secretary.
  2. Offeror Legal Entity Identifier (LEI): 213800ZBKL9BHSL2K459

DISCLAIMER The offer period for the Offers has now expired. No further tenders of Notes may be made pursuant to the Offers. This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement, the Tender Offer Memorandum and/or any other materials relating to the Offers in certain jurisdictions may be restricted by law. Persons into whose possession this announcement, the Tender Offer Memorandum and/or any other materials relating to the Offers come are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions.

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

Neuberger Private Equity Partners Announces Transaction in Own Shares

St Peter Port, Guernsey 13 November 2026

Neuberger Private Equity Partners Limited (“NBPE” or the “Company”) today announces details of Class A Shares bought back pursuant to general authority granted by shareholders of the Company on 11 June 2026 and the share buy-back agreement with Jefferies International Limited.

Transaction on London Stock Exchange

Date of purchase of Shares 12 November 2026
Number of Shares purchased 49,489 Class A Shares
Highest price/lowest price paid £15.52 / £15.40
ISIN for the Shares GG00B1ZBD492

All Class A Shares bought back will be cancelled. Following the cancellation, the number of outstanding Class A Shares is 35,952,059‬. The Company also has 3,150,408 Class A shares held in treasury. For reporting purposes under the FCA’s Disclosure Guidance and Transparency Rules the market should use the figure of 35,952,059 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company.

For further information, please contact:

NBPE Investor Relations +44 20 3214 9002
Luke Mason NBPrivateMarketsIR@nb.com

Highvern Fund Services +44 1481 668732

 hfslnbpep@highvern.com

About Neuberger Private Equity Partners Limited

Neuberger Private Equity Partners Limited (“NBPE”) invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

LEI number: 213800UJH93NH8IOFQ77

About Neuberger

Neuberger was founded in 1939 to do one thing: deliver compelling investment results for our clients over the long term. This remains our singular purpose today, driven by a culture rooted in deep fundamental research, the pursuit of investment insight and continuous innovation on behalf of clients, and facilitated by the free exchange of ideas across the organization.

From offices in 39 cities[1] across 26 countries, Neuberger manages a range of equity, fixed income, private equity and hedge fund strategies on behalf of institutions, advisors and individual investors worldwide. With more than 780[1] investment professionals and over 2,900[1] employees in total, Neuberger has built a diverse team of individuals united in their commitment to client outcomes and investment excellence. Our culture has afforded us enviable retention rates among our senior investment staff and we are proud to have been ranked 1st by Pensions & Investments in their 2025 “Best Places to Work in Money Management” survey, where we have placed 1st in four of the last five years and finished in the top two for 12 consecutive years[2].

As a private, independent, employee-owned investment manager, Neuberger is structurally aligned with the long-term interests of our clients. We have no external parent or public shareholders to serve, nor other lines of business to distract us from our core mission. And with our employees and their families invested alongside our clients—plus 100% of employee deferred cash compensation directly linked to team and firm strategies—we are truly in this together.
For more information, please visit our website: www.nb.com/en/global/who-we-are.

Media Contacts:
US: Soogyung Jordan: Soogyung.Jordan@nb.com
EMEA: Fiona Kehily: Fiona.Kehily@nb.com

[1] Firm data reflects the collective data for the various subsidiaries of Neuberger Berman Group LLC as of 30 June 2026.

[2] Among organizations with over 1,000 employees by Pensions & Investments. For additional information on the criteria for the award, please visit https://www.pionline.com/awards/best-places-to-work-in-money-management/pi-best-places-to-work-2025.

This material is issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications to learn about each company and the legal restrictions and restrictions. The name “Neuberger Berman” and logo are registered service marks of Neuberger Berman Group LLC.

© 2026 Neuberger Berman Group LLC. All rights reserved.

This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

Nykredit Portefølje Administration A/S har anmodet Nasdaq Copenhagen om suspension af udvalgte afdelinger, som administreres af Nykredit Portefølje Administration A/S. Det skyldes, at det grundet tekniske udfordringer ikke er muligt at stille korrekt NAV.

Suspensionen vil blive ophævet, når det igen er muligt at stille korrekte priser.

Følgende afdelinger er omfattet af suspensionen:

Fund Name ISIN Order Book Code
Globale Aktier DK0060447274 MMIGA
Globale Aktier Akk. DK0060447357 MMIGAA

Eventuelle spørgsmål vedrørende denne meddelelse kan rettes til npa.pm@nykredit.dk eller CRH@nykredit.dk.

Med venlig hilsen

Nykredit Portefølje Administration A/S

Tage Fabrin-Brasted

Neilston Greener Grid Park

Grid forming batteries
Grid forming batteries

Opening of Neilston Greener Grid Park

Employees celebrating the operning of the Grid forming battery prosject, Neilston Greener Grid Park in Scotland, Great Britain.
Employees celebrating the operning of the Grid forming battery prosject, Neilston Greener Grid Park in Scotland, Great Britain.

Statkraft has completed its first grid-forming battery energy storage system at Neilston Greener Grid Park in Scotland, marking an important milestone in the company’s growing role in providing the grid infrastructure and flexibility needed for a renewable energy system. 

“Neilston is a good example of what the next phase of the energy transition looks like. We still need significantly more renewable generation, but increasingly we also need the infrastructure that allows us to make the best possible use of that renewable electricity: grids, storage, flexibility and solutions that keep the power system stable.” says Statkraft’s Executive Vice President Europe, Barbara Flesche. The project is one of the first in the UK to enter commercial operation. 

Grid-forming batteries, such as those at Neilston Greener Grid Park, can provide stability services when there is disruption to the electricity network. 

“The UK is moving early in addressing these challenges. That makes it an important market for developing and deploying solutions that will be needed across Europe as renewable energy becomes an ever-larger part of our power systems. This also fits well with our strategy as an integrated renewable energy company, bringing together our capabilities in renewable generation, markets and flexibility to contribute to secure, affordable and well-functioning energy systems.” Flesche says.

The most recent UK Government statistics show that renewables now provide 55.8 percent of UK electricity generation, which is a record high. By reducing reliance on gas, which sets electricity prices, renewables help keep costs stable during fossil fuel price spikes caused by geopolitical events. During the 2022 Russia-Ukraine conflict, gas set electricity prices approximately 90% of the time, but by the 2026 war in Iran, this frequency fell by one-third due to the expansion of renewable generation. Figures suggest that wind farms cut the cost of wholesale electricity in the UK by a third during 2025.  

“Great Britain has made remarkable progress towards greater energy security. Statkraft’s investments across that system are helping achieve that. Neilston is part of a much broader portfolio of battery storage, grid stability and renewable projects across the UK and Ireland. The task now is to ensure that the electricity system develops just as quickly. Neilston shows how we can do that. Grid-forming batteries can provide essential stability services while also giving the system more flexibility to integrate growing volumes of wind and solar power”, says Kevin O’Donovan, Statkraft’s UK and Ireland Country Manager.

Across the UK and Ireland, Statkraft has a portfolio of over 2GW of battery and synchronous compensator schemes in development and in operation. Statkraft has invested more than £2 billion in UK renewable energy infrastructure since entering the UK market in 2006. Its activities today span renewable generation, battery storage, grid stability, hydropower and energy markets.

For further information:

Press contacts
Gary Connor, Senior Media Relations Manager Statkraft UK
tel: +44 7342 049857
e-mail: gary.connor@statkraft.com

Marte Lerberg Kopstad, International Media Relations Lead
tel: +47 995 22 026
e-mail: martelerberg.kopstad@statkraft.com

About Statkraft
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, and gas-fired power. Statkraft is a global company in energy market operations. Statkraft has around 6,200 employees in 20 countries.

Attachments

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.