Latest News of OFG
UK's Ofgem approves two hybrid interconnector pilots
UK's Ofgem has approved LionLink and Nautilus projects, connecting offshore wind farms in the North Sea to the national grid. This aims to increase interconnector capacity and support the UK's net-zer...
Ofgem approves five more subsea power cables
Great Britain plans to use offshore windfarms to become a net exporter of green electricity. Ofgem approves subsea power cables to connect to Germany, Ireland, Northern Ireland, Dutch, and Belgian wat...
Ofgem calls on network operators to fast track renewables connection to grid
Ofgem urges UK network operators to expedite connection of renewable and clean energy projects to the grid. Proposals aim to reduce the backlog of projects, prioritize those operational within five ye...
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OFG Bancorp Sees Composite Rating Improve To 96
By Investor's Business Daily | 1 month agoOFG Bancorp is showing strength in a bull market with a cup with handle formation. The company's strong fundamentals and technical indicators suggest a potential breakout. It ranks high among its peer...
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Investors in MidWestOne Financial Group (NASDAQ:MOFG) have seen decent returns of 41% over the past year
By Yahoo! Finance | 2 months agoInvesting in index funds can match market returns, but selecting individual stocks like MidWestOne Financial Group Inc. (NASDAQ: MOFG) can outperform. Despite a 35% share price increase, EPS decreased...
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Drax agrees to pay £25m after Ofgem finds inaccurate sustainability data
By The Guardian | 2 months agoEnergy regulator Ofgem discovered insufficient data governance in Drax's wood sourcing for its power station, leading to a £25m fine. The investigation revealed inaccuracies in sustainability data re...
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Ofgem energy price cap increases - what you need to know as Martin Lewis gives advice
By Yahoo! Finance | 2 months agoOfgem's winter energy price cap is increasing by £149 annually on average, reaching £1,717. This 10% rise will impact households from October 1. Increased costs amid rising inflation pose challenges...
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Ofgem price cap rise brings renewed calls for winter fuel payment U-turn
By Yahoo! Finance | 2 months agoThe Government faces backlash for restricting winter fuel payments to pension credit recipients amid rising energy prices. Charities and opposition parties urge a reversal of the decision to protect v...
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FTSE 100 Live 23 August: Ofgem price cap rises, index seen higher despite US slide
By Yahoo! Finance | 2 months agoOfgem raised the energy price cap by 10%, resulting in an increase of £12 per month for an average household. International energy market prices are up due to geopolitical tensions and extreme weathe...
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Martin Lewis says people should act now to save money on energy bills before next Ofgem price cap
By Yahoo! Finance | 3 months agoThe Money Saving Expert founder warns that the energy crisis continues, with bills expected to rise in late 2024. The Ofgem price cap has dropped £360 since January, but may increase by 10% in Octobe...
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Ban on acquisition-only energy tariffs to remain in Ofgem U-turn
By Yahoo! Finance | 3 months agoOfgem has decided to maintain the ban on acquisition-only tariffs until March 31, 2023, aiming to protect consumers and ensure fair access to energy deals. The decision follows concerns that lifting t...
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Should You Buy OFG Bancorp (NYSE:OFG) For Its Upcoming Dividend?
By Yahoo! Finance | 4 months agoOFG Bancorp (NYSE:OFG) is set to go ex-dividend in 4 days, with a dividend of US$0.25 per share. The company's dividend yield is 2.7%, and it has shown consistent growth and affordability in dividend ...