Ovo and Good Energy forced to refund overcharged customers - BBC News
May 18, 2023 · Thousands of Ovo and Good Energy customers are to get a refund after the regulator found that the firms had overcharged households. Ofgem has ordered the energy firms to pay a total of £4m, £2.7m...
Ovo’s earnings rose 11-fold in wake of energy crisis - Financial Times
Sep 2, 2024 · UK energy supplier Ovo Group increased its adjusted earnings 11-fold last year, after the regulator intervened to allow companies to recoup rising costs in the wake of Russia’s invasion of...
Energy supplier OVO to explore options including sale
Jun 29, 2024 · OVO Group, the UK's fourth-biggest home energy provider, is lining up bankers at Rothschild to assist with a review of its strategic and financing options, Sky News learns.
OVO Energy sparks investors' interest in £300m fundraising - Sky News
Sep 15, 2020 · Sky News has learnt that OVO Energy has asked investment bankers to approach prospective investors willing to acquire shares in the company at a valuation of between £2bn and £3bn. The capital-raising will be the first since Japan's Mitsubishi Corporation bought a 20% stake in OVO early last year.
Ovo to pay £2.4m over customer complaint failures - BBC News
Sep 17, 2024 · Energy firm Ovo has been told to pay out £2.4m after the regulator found it had not been dealing with customer complaints correctly. Ofgem said that 1,395 Ovo customers were hit by problems,...
Ovo Group investors raise stake after ‘challenging’ year for energy ...
Jul 21, 2023 · Ovo Group shareholders have invested an extra £200mn into the owner of Britain’s third-largest energy supplier following a “challenging” year for the sector in which the company’s profits ...
Ovo Energy plots takeover of Shell arm in bid to reclaim ... - Sky News
Mar 29, 2023 · Ovo Energy is plotting a takeover of Shell's UK domestic gas and electricity business in a move that would see it reclaim the number two slot in the British market.
Energy group Ovo warned of financial peril before UK government …
Sep 25, 2022 · Ovo Group, the owner of the UK’s third-largest energy supplier, feared breaching its financial covenants in the months before the government announced unprecedented support for British...
UK Energy Supplier Ovo Weighs Options Including Sale, Sky Says
Jun 29, 2024 · Energy provider Ovo Group is considering options, including a potential sale, as it embarks on a strategic review of its operations 15 years after breaking into the British market, according to Sky News.
OVO is handing energy customers who have a car 2,700 ... - Yahoo News …
18 hours ago · OVO is handing energy customers who have a car 2,700 'free miles' each. Tens of thousands of drivers can access nearly 3000 free miles from today thanks to OVO Energy. Volvo electric vehicle (EV) customers can now charge their cars using OVO’s market leading Charge Anytime add-on, at a special low rate at any time of day or night.