Image via The Guardian Business
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Centrica: Layoffs
Centrica (British Gas owner) plans 1,300 job cuts over two years, representing approximately 14% reduction in customer operations workforce
Source: The Guardian Business
The leadership read
Workforce moves like this mark the contracting side of cleantech & renewables hiring conditions.
Market context: Backdrop: a 107.4 (Hot) Talent Market Index (down 1.8 on the month) with EMEA activity easing (-6.4pts).
Centrica: 3 signals in the last 90 days — above the Cleantech & Renewables median of 2 across 33 tracked companies; 0.1% of MitchelLake's EMEA signal flow; 3 tracked across 77 days.
Also at Centrica →
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bolttech →bolttech entered into a strategic partnership with ING to expand embedded insurance and protection solutions across European markets.
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Sigenergy →Sigenergy unveiled comprehensive smart solar-storage products and solutions for residential, commercial/industrial, and utility-scale applications, emphasizing AI-driven energy management as part of its 'AI in All' strategy.
Capital Raising · EMEA
RWE →RWE plans a $4.7 billion capital raise to acquire a majority stake in power grid operator Amprion
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