Honeywell has agreed to pay £798m for Novar, £1.2bn on aggregate, to improve its European security, fire and ventilation business. The offer will be made on the basis of 185 pence per Novar share and holders of Novar ordinary shares will be

Atraverda, a company that has developed a bipolar battery design, has raised £4m in a funding round led by Scottish Equity Partners and OnPoint Technologies. Other investors in the round include US-based EnerTech Capital and previous investors The Generics Group and ITF.

The Irish government has announced its support for the construction of an additional 235 MWs of ‘green’ electricity generating plants. In his announcement, Noel Dempsey, the minister for communications, marine and natural resources, said most of the new capacity would come from

MPs have warned that power cuts could become increasingly common because electricity companies are being forced to curb their prices. Providers have been told by Ofgem to cut spending on day-to-day operations by an average of £21m a year. But firms may