Energy — UK and European energy asset deals accelerate: Centrica's £370m CCGT acquisition, Scottish offshore wind consent filing, BESS portfolio expansion, and Axpo's 200MWp Spanish solar inauguration signal capital redeployment across the generation stack

Energy · 2026-05-08

TODAY'S SIGNAL — May 8, 2026 brings four distinct but thematically connected moves across European energy markets. The headline transaction is Centrica's £370m acquisition of the 850MW Severn CCGT plant in South Wales, reinforcing that dispatchable gas-fired generation retains strategic value even as the UK pursues net zero. Simultaneously, TWP filed offshore consent for the Bowdun wind farm in…