Good Energy hit by 'exceptional volatility' in power trading market
21st Dec 2016 08:55
(ShareCast News) - Energy supplier Good Energy said it still expected to meet the lower end of market expectations after more challenging trading due to "exceptional volatility" in the short-term power trading market from late October to late November. The company, which supplies and generates 100%
Read moreGood Energy Group launches new online platform
16th Nov 2016 14:12
(ShareCast News) - Independent renewable energy company Good Energy launched a new online platform on Wednesday, allowing businesses to choose where their energy comes from for the first time. The AIM-traded company said the platform, named 'Selectricity', matches businesses with local renewable ene
Read moreGood Energy Group posts energetic first half numbers
13th Sep 2016 16:09
(ShareCast News) - Renewable energy supplier and generator Good Energy Group posted its interim results for the six months to 30 June on Tuesday, with revenue rising 40% to £45.6m. The AIM-traded firm's gross profit was up 50% year-on-year to £15.3m, with its gross profit margin improving to 33.5% f
Read moreGood Energy customer base grows in first half
21st Jul 2016 15:35
(ShareCast News) - Renewable and carbon neutral gas supplier Good Energy Group posted a trading update for the first six months ended 30 June on Thursday, reporting strong growth in overall customer meter points up 36% to 239,750. The AIM-traded firm also claimed to have achieved "industry-leading"
Read moreGood Energy customer numbers surge but profit slips
18th Mar 2016 11:37
(ShareCast News) - AIM-listed Good Energy posted a 44% rise in customer numbers in 2015 as more people opted to sign up with smaller energy firms. In its preliminary results for the 12 months to the end of December, the renewable energy company said customer numbers rose to 219,400 from 152,500 in 2
Read moreGood Energy cuts gas prices 7.2%
12th Feb 2016 16:03
(ShareCast News) - Good Energy has followed larger energy supply rivals like British Gas and E.On with its own 7.2% cut to gas prices. The AIM-listed renewable energy supplier said it would cut gas prices for new and existing domestic customers from 1 April, with the result being an annual saving of
Read moreGood Energy sees strong customer growth in September
6th Oct 2015 08:34
(ShareCast News) - Good Energy Group has attracted almost 10,000 new domestic customers through the Clean Energy Switch campaign. The campaign, which was launched at the beginning of September by campaigning organisation 38 Degrees and the Big Deal, invited customers to join a collective switching i
Read moreGood Energy gets green light for Dorset solar farm
22nd Jul 2015 12:17
(ShareCast News) - AIM-listed Good Energy Group has won planning consent for a solar farm in Dorset. The company already had consent for its 24MW solar farm, but that was subject to judicial review. Good Energy said its latest application was successful and construction on farm was likely to start
Read moreGood Energy sees customers rise 36%
11th Aug 2014 11:49
Power and gas retailer Good Energy Group on Monday reported a 36% year-on-year rise in customers. The company, which is challenging the "big six" energy providers, increased customers and market share, with a total of 132,000 customers against 97,000 last year. Gas customers increased by 82% and e
Read moreEnteq CEO builds stake after posting annual loss
16th Jun 2014 15:38
Enteq Upstream's Chief Executive Officer, Martin Perry, on Friday added £74,000-worth of shares to his stake in the Australia-based group following the release of its full year results the same day. Perry added 200,000 shares at 37p apiece, taking his total to 908,802, or 1.54% of the issued share
Read moreSector movers: Electricity stocks fall as Drax tumbles
23rd Apr 2014 15:29
Electricity stocks were the worst performers in London on Wednesday with Drax falling sharply after the government changed the terms of a key subsidy for conversion from coal to biomass. The government said last December that it had shortlisted two of the company's generating units at the Drax Powe
Read moreGood Energy's Finance Director reduces stake after strong results
14th Apr 2014 16:00
Garry Peagam, the Group Finance Director of Good Energy Group, has traded in shares worth 122,335 pounds one week after the AIM-listed renewable energy provider delivered a doubling of its pre-tax profits. The director traded in 42,500 shares at 287.85p a time. Following the sale, Garry Peagam h
Read moreSector movers: Electricity, utility stocks gain as risk appetite falls
7th Apr 2014 15:27
Just two sectors - electricity and utilities - were trading in positive territory on Monday as investors sought out 'safer' defensive stocks in the face of a wider market sell-off. Defensives sectors are those which have a low correlation to economic activity and generally perform well in times of
Read moreGood Energy more than doubles FY profits
7th Apr 2014 08:31
Renewable power group Good Energy more than doubled annual profits as it increased customers by nearly a third. Good Energy said pre-tax profit in the year to December 31st rose by 136% to £3.3m on a 43% increase in revenue to £40.4m. The group, which is building a £16m wind farm near Doncaster in
Read moreGood Energy's Hampole wind farm begins power generation
31st Mar 2014 10:59
Good Energy Group's shares climbed after announcing that its 16m pound wind farm at Hampole in South Yorkshire has started to generate and export renewable electricity to the national grid. Construction of the wind farm has been completed on time and on budget, and its four turbines have a total ge
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