Bloomberg The UK’s subsidy ban for new onshore wind farms could tack 1 billion pounds ($1.3 billion) onto power bills over five years by eschewing one of the cheapest forms of clean energy. Generating power from new onshore wind farms would be 100 million pound a year cheaper than doing so from new nuclear reactors or biomass plants, and at ...

Bloomberg Investment fund Global Infrastructure Partners (GIP) agreed to buy Equis Energy, a Singapore-based developer of renewable-power projects, for $5 billion including debt, a record for the industry. The deal includes $1.3 billion of liabilities and is expected to close in the first quarter, the companies said in a joint statement on Wednesday. Equis Energy’s portfolio of assets includes solar, ...

Bloomberg Infosys Ltd. co-founder Narayana Murthy publicly criticised the company’s board again, just as directors try to recruit a chief executive officer to replace one who resigned out of frustration with such clashes. Murthy said the board has still not addressed questions he raised in August about poor governance and excessive severance, according to a statement he released. CEO Vishal ...