Bloomberg Infraestructura Energetica Nova SAB said a draft proposal by Mexico’s energy regulator to modify some transmission permits would make it impossible to supply power to new partners or carry out any expansion plans. In a letter posted in response to the draft proposal, the Mexican subsidiary of the US’s Sempra classifies it as “high regulatory impact” and argues that …

Bloomberg Shell Energy Europe Ltd (SEEL) has agreed to trade power from what will be the UK’s largest battery storage project. The Royal Dutch Shell Plc unit agreed to a multi-year deal to “optimise the use of renewable power” in the China-backed project, which is expected to come online by the end of this year. Batteries, Shell says, will play …

Bloomberg European stocks rose on Monday after Chinese shares advanced with the yuan as investors took encouragement from the Asian country’s pledges to support the world’s second-biggest economy in the face of the coronavirus outbreak. The yen and gold both dipped. Gains in the Stoxx Europe 600 Index were led by automakers and miners. US equity-index futures climbed, though Wall …