SAVE Stock Recent News

First-of-its-kind, proactive peak load shifting and shaping program will dispatch residential home batteries and leverage smart home electrical panels to enhance local grid reliability OAKLAND, Calif. , March 24, 2025 /PRNewswire/ -- Pacific Gas & Electric Company (PG&E) today announced the launch of Seasonal Aggregation of Versatile Energy (SAVE), an Electric Program Investment Charge (EPIC) demonstration and a first-of-its-kind virtual power plant (VPP) that harnesses residential distributed energy resources to reduce local grid constraints.

The return to trading of Savannah Energy PLC (AIM:SAVE) after a two-year suspension was flagged by house brokers Cavedish and Shore Capital on Tuesday. Cavendish reinstated its target price of 51.5p, a 96% premium to the suspension price.

Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.

Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing and successful completion of the deal.

Spirit Airlines said in regulatory filings Wednesday that it is rejecting the latest merger offer from Frontier Airlines, and will instead continue with its bankruptcy restructuring plan.

Frontier made its first offer to buy Spirit in 2022.

Frontier Group Holdings ULCC has proposed a merger with Spirit Airlines SAVEQ through newly issued debt and stock, offering higher recoveries for Spirit's stakeholders than its standalone restructuring plan.

After walking away from a deal twice last year, Frontier is now making an offer involving fresh debt and stock.

Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival Frontier Group , saying it was not favorable for the low-cost carrier.

Frontier Airlines said Wednesday it has again proposed combining with Spirit Airlines, which is in bankruptcy.