307 results found for 'Borkum Riffgrund 1'

307 results found for 'Borkum Riffgrund 1'
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  • Ørsted Sells Half of Hornsea One

    19 September 2018
    Business & Finance, Wind Farm Update

    Ørsted has signed an agreement to sell 50% of its 1.2GW Hornsea Project One offshore wind farm to Global Infrastructure Partners (GIP).

  • Ørsted’s Profit Down 52 Per Cent in Q1 2021

    29 April 2021
    Business & Finance

    Ørsted has reported a net profit of DKK 1.6 billion (EUR 215 million) for the first quarter of 2021, a 52 per cent decrease from DKK 3.3 billion from the same period last year. The Danish company saw an operating profit (EBITDA) of DKK 4.9 billion (EUR 659 million) for Q1 2021, a DKK 1.9 […]

  • BlackRock to Buy Renewables Investor Global Infrastructure Partners for USD 12.5 Billion

    15 January 2024
    Business & Finance, Industry

    US-based investment company, BlackRock, has agreed to buy compatriot independent infrastructure fund manager, Global Infrastructure Partners (GIP), in a USD 12.5 billion cash and shares deal. Under the deal, the world’s largest asset manager will take over GIP for USD 3 billion in cash and approximately 12 million shares of BlackRock common stock. Founded in […]

  • Germany Selects Six Offshore Wind Projects, Zero Subsidy Bids Reappear

    27 April 2018
    Authorities, Business & Finance, Contracts & Tenders

    Germany’s Federal Network Agency (Bundesnetzagentur) has selected six offshore wind projects in the second tendering round with at least one of the projects reaching the zero-subsidy level.

  • BNEF: Biggest RE Asset Finance Made in European Offshore Wind

    15 July 2016
    Business & Finance

    Asset finance of renewable energy projects in the first half of 2016 was at USD 92 billion worldwide, down 19% on H1 2015, with the biggest asset finance deals of the second quarter made in offshore wind in Europe, according to the latest data from Bloomberg New Energy Finance (BNEF). This was led by the […]

  • Nestlé UK and Ørsted Sign Offshore Wind PPA

    27 April 2020
    Contracts & Tenders, Wind Farm Update

    Nestlé UK has signed a long-term corporate power purchase agreement to buy the output of 31 MW from Ørsted’s Race Bank offshore wind farm. The UK subsidiary of the world’s largest food and beverage company, Nestlé, signed a 15-year indexed fixed price agreement with Ørsted. This is Ørsted’s largest fixed-price corporate power purchase agreement (PPA) […]

  • Ørsted Takes a Hit Offshore, Still Expects Highest Yearly Operating Profit

    20 January 2023
    Business & Finance

    World’s leading offshore wind developer Ørsted expects operating profit (EBITDA) for 2022 to total DKK 32.1 billion (EUR 4.3 billion), the company’s highest EBITDA to date, based on preliminary and unaudited reporting. The results are within the latest guidance and above the company’s initial expectations for the year, achieved during a year with unusual market […]

  • Ørsted Sells Half of Gode Wind 3 Offshore Wind Farm to Glennmont

    17 October 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has signed an agreement to divest 50 per cent of the Gode Wind 3 offshore wind farm in the German North Sea to funds managed by Glennmont Partners from Nuveen. Gode Wind 3 has a capacity of 253 MW and was awarded to Ørsted in 2017 and 2018 as two separate projects with a […]

  • Germany Accepts First Subsidy-Free Offshore Wind Auction Bid

    13 April 2017
    Authorities, Business & Finance, Grid Connection, Wind Farm Update

    Germany’s Bundesnetzagentur has selected three offshore wind projects by DONG Energy and one project by EnBW in the first auction for grid connections and funding for existing offshore wind farm projects, with one of the operators offering the lowest price bid of 0.00 Euro cents per kilowatt-hour.

  • Offshore Wind Cushions Jan De Nul from Rough Dredging, Oil & Gas Markets

    30 May 2018
    Business & Finance

    Jan De Nul has reported a 2017 decline in the dredging market which, together with challenging conditions in the oil & gas industry, left a mark on its financial results. In the light of this, the company emphasised the role offshore wind had in its performance last year, adding that it sees further growth in the offshore renewables market, where its business is no longer restricted to Europe.

  • Ørsted Contracts Jan De Nul for Hornsea 3 Export Cable Installation

    25 January 2024
    Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Ørsted and Jan De Nul Group have signed the offshore export cable installation contract for the 2.9 GW Hornsea 3 offshore wind farm in the UK. This is the first offshore HVDC installation contract awarded by Ørsted in the UK, the company said. Belgium-headquartered Jan De Nul Group will be responsible for the seabed preparation, […]

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • DONG Energy’s Wind Earnings Up, EBITDA Down in Q1 2017

    27 April 2017
    Business & Finance, Operations & Maintenance

    DONG Energy reported an operating profit (EBITDA) from continuing operations of DKK 3.3 billion (EUR 443.5 million) in the first quarter of 2017, a 53.5% slide compared with DKK 7.1 billion in Q1 2016, despite a 21% jump in earnings from commissioned wind farms.

  • Ørsted Ups Full-Year Guidance on Operating Profit, Gross Investments

    11 August 2022
    Business & Finance

    The world’s leading offshore wind developer Ørsted has increased its full-year operating profit (EBITDA) guidance and gross investment guidance following the release of the results for the second quarter of the Fiscal Year 2022. The company’s EBITDA for the first half of the year amounted to DKK 13.044 billion (EUR 1.75 billion), in line with […]

  • Farm-Downs Lift Ørsted’s Numbers

    3 November 2022
    Business & Finance

    Leading offshore wind developer Ørsted has recorded an operating profit (EBITDA) of DKK 25.4 billion (EUR 3.41 billion) for the first nine months of the year, of which DKK 10.9 billion related to the 50 per cent farm-downs of the Hornsea 2 and the Borkum Riffgrund 3 offshore wind farms. EBITDA excluding new partnerships increased […]

  • Developer of Italy’s First Offshore Wind Farm Exploring Environmentally Friendly Solutions for Floating Wind Project off Sicily

    23 June 2023
    Wind Farm Update

    Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of […]

  • 8.1 GW of Offshore Wind Feeding Into German Grid; Decisive Action Needed to Install Further 22 GW by 2030, Industry Says

    16 January 2023
    Industry

    Germany said goodbye to 2022 with 8,100 MW of offshore wind capacity connected to the grid after all wind turbines at RWE’s Kaskasi offshore wind farm (342 MW) went into operation mid-December. Although this is a step forward, the country is still 22 GW away from its 2030 target and the government needs to take […]

  • A Win for Coexistence in North Sea | BP and Ørsted Reach Agreement on Offshore Wind-CCS Project Overlap Area

    26 June 2023
    Wind Farm Update

    Ørsted and BP have reached an agreement on the previously disputed overlap area between the Hornsea Four offshore wind farm and the Endurance carbon storage site, developed by the Northern Endurance Partnership (NEP) that gathers BP, Equinor and TotalEnergies. Quick overview: Ørsted submitted an application for the development consent order (DCO) for the 2.6 GW […]

  • SIEMENS WIND POWER: A Bird’s Eye View on the Scale of Offshore Wind Power

    25 May 2015

    Events such as the EWEA OFFSHORE that took place in March, are providing excellent opportunities to hear all about the latest developments and challenges to overcome in the vibrant industry that is offshore wind. But reading and hearing is one thing… Experiencing the real thing is another. To give Offshore WIND and the articles we write as […]

  • Borkum Riffgrund 1

    30 May 2017

  • F.lli Righini Srl

    20 October 2020

    About us F.lli Righini Srl supports its Clients during all phases of each project. Conceptual and Basic Design, 3D Modelling and Structural Analysis at Finite Elements (FEM) are standard practice conducted in order to reach the optimisation of the weight and dimension. Design, Fabrication and Testing, all carried out in-house, increase the overall operational reliability […]