Photo: During a fireside chat at CERAWeek 2025, National Grid CEO John Pettigrew, right, discussed National Grid Partners' new $150M commitment to fund artificial intelligence startups. At left is Eduard Sala de Vedruna, Vice President of S&P Global Commodity Insights.

National Grid Partners commits $100 million to invest in AI startups advancing the future of energy

Press Release – 17th March 2025 – On Wednesday 12 March 2025, National Grid Partners – our corporate venture capital and innovation arm – announced a commitment to invest $100 million (₤77.3m) in artificial intelligence (AI) startups that are advancing the future of energy. The funds will accelerate development of a more efficient, resilient and dynamic grid that supports economic growth, reduces customer costs, helps … Continue reading National Grid Partners commits $100 million to invest in AI startups advancing the future of energy

Telenor and Ericsson

Telenor and Ericsson successfully co-create Agentic AI for radio controls and expand innovation partnership

On the back of a fruitful first year of a research and innovation partnership, Telenor and Ericsson today announced that they have co-designed a proof of concept for an Agentic AI system that learns to optimize capacity and corresponding power consumption of the Radio Access Network (RAN). Press Release – Mar 05, 2025 Agentic AI is a type of software that can perform tasks autonomously … Continue reading Telenor and Ericsson successfully co-create Agentic AI for radio controls and expand innovation partnership

British International Investment commits $20 million to Alterra Accelerator Africa

British International Investment commits $20 million to Alterra Accelerator Africa Fund to support emerging economies in Africa

•With a $400 million fundraise target, Alterra welcomes BII as a new LP joining its ambitions to support promising businesses across the African continent.•The mid-cap fund focuses on opportunities that drive financial inclusion, digital transformation and job creation. London/Nairobi, 17 March 2025 – Alterra Capital Partners, an Africa-focused private equity firm, today announced a $20 million commitment from British International Investment (BII), the UK’s development … Continue reading British International Investment commits $20 million to Alterra Accelerator Africa Fund to support emerging economies in Africa

Accenture Acquires Altus Consulting to Strengthen Capabilities for Insurance and Investments Clients in the UK

Accenture Acquires Altus Consulting to Strengthen Capabilities for Insurance and Investments Clients in the UK

News Release – March 4, 2025 – LONDON; Mar. 4, 2025 – Accenture (NYSE: ACN) has acquired Altus Consulting, a leader in consulting and digital transformation, to further strengthen its strategic advisory and delivery services for insurance, investments and other financial services businesses across the UK. Founded in 2005, Altus Consulting has developed highly respected advisory services underpinned by data-driven insight and detailed modelling, with deep … Continue reading Accenture Acquires Altus Consulting to Strengthen Capabilities for Insurance and Investments Clients in the UK

Wood secures $120 million engineering contract extension with Shell UK

Wood secures $120 million engineering contract extension with Shell UK

Press Release – 20 February 2025 – John Wood Group PLC (‘Wood’ or ‘the Company’) has been awarded a $120 million contract extension by Shell UK Limited to provide brownfield engineering, procurement and construction (EPC) to onshore and offshore assets across the UK. The two-year, cost-reimbursable contract extension, centres on providing brownfield EPC services, as well as subsea and integrity management, at the Shell UK-operated St Fergus … Continue reading Wood secures $120 million engineering contract extension with Shell UK