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Engie to buy UK power networks at US$21.4bn enterprise value

Law360, London: French electric utility Engie said 25 February 2026 it has agreed to acquire UK Power Networks, a top British electricity distribution operator, for an equity value of £10.5bn and an enterprise value of £15.8bn, which is about US$21.4bn.

Welsh Government updates onshore petroleum licensing guidance

The Welsh Government has updated its guidance for existing petroleum licensees seeking licence consents, approvals and administrative changes in the Welsh onshore area. It states that the guidance is intended for existing licensees and regulators only and should not be considered legal advice. Licensees remain entirely responsible for complying with the terms and conditions of their licence, all applicable regulatory regimes and requirements, and relevant Welsh policy and legislation.

Ofgem publishes updated guidance on energy code manager selection process

Ofgem has published updated guidance setting out how it intends to select and license code managers under new powers introduced by the Energy Act 2023 (EnA 2023). Under these powers, Ofgem will assume responsibility for selecting and licensing code manager entities, which will take over functions currently performed by code panels and code administrators, including making recommendations on code modifications. They will also assume new responsibilities, notably ensuring that codes evolve in line with Ofgem’s annual Strategic Direction Statement.

DESNZ announces 100 schools now have Great British Energy solar panels

The Department for Energy Security and Net Zero (DESNZ) has announced that 100 schools and colleges across England have now installed Great British Energy solar panels. Around 250 schools and colleges in total are set to benefit by summer 2026 as part of a targeted rollout prioritising areas of deprivation in the North East, West Midlands and North West, as well as at least 10 schools in every region of England. The 250 schools and colleges are projected to save an estimated combined £220m over the lifetime of the solar panels, enabling reinvestment into classrooms.

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Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal

If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit

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Strike out—making an application to strike out a statement of case

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Template for regulatory references given by SMCR firms and disclosure requirements

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