The UK is accelerating its clean‑energy transition with a £200 billion Clean Power Action 2030 plan, targeting 43‑50 GW offshore wind, 27‑29 GW onshore wind, expanded nuclear, and hydrogen projects. Since July 2024, £52 billion of clean‑energy capital has been secured, backed by mechanisms like Contracts for Difference, a £1 billion supply‑chain fund, and the Advanced Nuclear Fund. Grid constraints and regional mismatches remain, prompting government focus on network upgrades. Industry players such as Engie UK see stable policy as essential for long‑term investments.
French fintech unicorn Pennylane announced a €175 million growth-stage funding round, led by US venture firm TCV with participation from Blackstone Growth and existing investors. The round values the company at €3.5 billion and will fund product expansion and European growth plans.
French A/B testing specialist AB Tasty announced a merger with Indian group VWO, creating a new entity expected to generate $120 million in revenue and serve over 4,000 customers worldwide. The financial terms were undisclosed, with Everstone Capital set to dominate...