Search results for: Vattenfall

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  • ODE to Support Vattenfall’s Offshore Wind Projects

    26 September 2017

    Vattenfall has awarded ODE, an integral part of the DORIS Group, with two framework agreements for its offshore wind projects across Europe. 

  • Vattenfall Orders 113 Siemens Gamesa 8MW Offshore Wind Turbines

    28 November 2017
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Vattenfall and Siemens Gamesa have signed an agreement for the supply of 113 Siemens Gamesa 8MW wind turbines for Vattenfall’s three projects in Denmark.

  • Vattenfall Issues USD 400 Million in Hybrid Bonds

    13 November 2015
    Business & Finance

    Swedish utility Vattenfall has today priced a hybrid bond issue of USD 400 million (approximately SEK 3.5 billion), the proceeds of which will be used for general corporate purposes. This is Vattenfall’s first ever hybrid bond denominated in USD, placed under Regulation S outside the U.S. As with the company’s existing hybrid bonds, the new bonds will […]

  • Sweden Greenlights Construction of Kriegers Flak Offshore Wind Farm

    19 May 2022
    Authorities, Wind Farm Update

    The Swedish government has granted a construction permit to Vattenfall for the Kriegers Flak offshore wind farm. Located in the south of the Baltic Sea some 30 kilometres off Trelleborg, Kriegers Flak is one of Vattenfall’s Swedish offshore wind projects that has come the furthest in its development. Vattenfall’s application covers 40 to 50 wind […]

  • More Setbacks for Vattenfall’s Norfolk Wind Farm

    13 April 2021
    Authorities, Wind Farm Update

    The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) Kwasi Kwarteng will be setting a new deadline for a Development Consent Order (DCO) decision on Vattenfall’s 1.8 GW Norfolk Boreas offshore wind project. A statement confirming the new deadline for a decision will be made in due course, the Planning Inspectorate said. […]

  • Vattenfall: Norfolk Sister Wind Farms Will Share Onshore Cable Corridor

    6 March 2017
    Environment, Grid Connection, R&D, Wind Farm Update

    Swedish energy firm Vattenfall has revealed a narrower search area for cables needed to carry power underground from the Norfolk Vanguard and Norfolk Boreas offshore wind farms. Earlier this year Vattenfall revealed a 700-metre search area for a 60-kilometre underground cable corridor north of Norwich. Ahead of nine public information days in March and April, the […]

  • UK: Vattenfall to Officially Launch Ormonde Offshore Wind Farm

    12 September 2012
    Wind Farm Update

    Vattenfall’s Ormonde Offshore Wind Farm, which is now fully constructed and operational, will be inaugurated next week. The ceremony of the official launching will be attended by Vattenfall’s president and CEO Øystein Løseth and MP for Furness John Woodcock as a guest of honour, writes the Westmorland Gazette. Ormonde Offshore Wind Farm is named as […]

  • Balfour Beatty Buys Thanet OWF’s Transmission Assets

    17 December 2014
    Business & Finance, Grid Connection, Wind Farm Update

    Vattenfall, the Swedish energy company, has agreed a £164mn deal to transfer ownership of a Kent wind farm’s electricity export cables and substations.  The agreement, with international infrastructure group Balfour Beatty, was finalised today following a tender process, managed by energy regulator Ofgem, to select the new transmission owner. The transmission infrastructure of Thanet Offshore […]

  • Vattenfall Starts B2B Green Energy Drive in UK

    2 May 2017
    Business & Finance

    Swedish energy company Vattenfall plans to start selling renewable power for the first time to British consumers from its UK green energy business.

  • Vattenfall’s Pontoon All Set for EOWDC

    2 May 2018
    Vessels

    Vattenfall has completed the construction of a 30-meter-long floating crew transfer pontoon which will be used for its European Offshore Wind Deployment Centre (EOWDC) in Scotland.

  • Vesterhav Nord Faces Additional EIA Process

    13 March 2019
    Authorities, Environment, Wind Farm Update

    The Danish Energy Agency (DEA) has initiated an additional environmental impact assessment (EIA) process for Vattenfall’s Vesterhav Nord offshore wind farm. The decision comes after Vattenfall submitted a complaint to the agency on 12 March requesting the EIA procedure to be reinitiated. Vattenfall now must prepare an EIA supplement, while the process will follow the general […]

  • Vattenfall Reveals Plans for New Wind Farm in North Sea (Germany)

    25 November 2011

    Vattenfall is planning to build an offshore wind farm off the island of Sylt in the North Sea, potentially providing half a million or more German households with electricity. The project is initially for some 576 MW but it can be further expanded. Construction is planned to start in 2014. Vattenfall is investing SEK 26 […]

  • Vattenfall Starts Developing 1.8GW Norfolk Vanguard

    14 March 2016
    Authorities, Business & Finance, Wind Farm Update

    Sweden-headquartered Vattenfall has started development of the 1.8GW Norfolk Vanguard offshore wind farm project off the coast of Norfolk, following the recent agreement with The Crown Estate to take the project into the planning process. Vattenfall and The Crown Estate have also agreed to develop the 1.8GW Norfolk Boreas, with the development of this project expected to start in […]

  • UK: Vattenfall Secures Last Berth EMEC

    15 March 2012

    Vattenfall today announced that it had signed up the last remaining berth at the European Marine Energy Centre (EMEC), Scotland’s world leading ocean energy research and development centre on Orkney to test a Pelamis wave energy converter. Vattenfall’s announcement stated that they hope to start testing a Pelamis machine in 2014, and confirmed previous statements […]

  • Vattenfall Books North Sea Shipbrokers

    17 October 2018
    Contracts & Tenders, Operations & Maintenance, Ports & Logistics, Vessels

    Vattenfall and North Sea Hagland Shipbrokers have signed a framework agreement for the provision of various shipbroking services for Vattenfall’s offshore wind farms.

  • Vattenfall’s Profit Hit by Lower Production and Falling Electricity Prices

    28 April 2015
    Business & Finance

    Lower production volumes and continued falling electricity prices had a negative effect on Vattenfall’s earnings during the first quarter. Profit after tax fell to SEK 4,987 million (EUR 531.37 million) compared to the same period last year of SEK 8,205 million (EUR 874.10 million). However, the work towards a more sustainable energy portfolio continued, and […]

  • Sweden: Vattenfall Splits into Two Units

    23 July 2013
    Business & Finance

    Vattenfall splits up its organisation into a Nordic unit and a continental European unit. This is one of several measures taken in response to developments in the European energy market. Vattenfall is also writing down SEK 29.7 billion of the value of the company’s assets as a consequence of market development and higher business risks. […]

  • Vattenfall Calibrates Company Structure to Support Future Strategy

    15 January 2015
    Business & Finance

    Vattenfall today announced a new organisational structure and executive management team as key steps in ensuring the right structure to support Vattenfall’s future strategy. The new structure will take effect on 1 April 2015 and will replace the current regional structure.  Vattenfall’s new organisational structure is part of the current review of the Group’s strategy. The […]

  • Sweden: Vattenfall Reports Stable Q1 Results Despite Challenging Market Conditions

    3 May 2013
    Business & Finance

    Vattenfall reports a stable underlying first quarter 2013 operating profit despite challenging market conditions. Increased electricity generation and high nuclear power availability contributed to the result. Vattenfall continues to improve operational efficiency. Net sales rose 1.4% to SEK 49,659 million (48,994) The underlying operating profit was stable and amounted to SEK 11,625 million (11,629) Profit […]

  • Vattenfall to Build Horns Rev 3

    27 February 2015
    Authorities, Business & Finance, Wind Farm Update

    Vattenfall Wind Power has won the bidding in the process to build the offshore wind farm Horns Rev 3 outside the Danish west coast. Now the company awaits approval from the Danish Parliament and EU. With a total capacity of 400 MW, the wind farm will produce electricity for 450 000 households from 2017. “This […]

  • Danish Companies Vying for Horns Rev 3 Work

    31 August 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Danish companies are turning their attention to Hvide Sande which is expected to become the centre of activities related to what is to be the largest offshore wind farm in Danish waters – Vattenfall’s 406MW Horns Rev 3, the Danish Wind Energy Association (DWIA) said. The Swedish energy company and its main subcontractors should in the near […]

  • EOWDC Foundations Start Falling Into Place

    26 March 2018
    Ports & Logistics, Vessels, Wind Farm Update

    The floating crane Asian Hercules III has installed the first of eleven suction bucket jacket foundations on Vattenfall’s European Offshore Wind Deployment Centre (EOWDC) in the Aberdeen Bay, Scotland.

  • UK: Vattenfall to Increase Wind Power Investments

    15 June 2012

    The wind power sector is growing and Vattenfall is continually expanding its presence in the booming industry. Wind power is one of the areas where the company intends to increase its investments in the years ahead. 15 June is Global Wind Day, a good opportunity to look at the importance of wind power throughout the […]

  • UK: Kentish Flats Extension to Boost Business, Vattenfall Says

    19 February 2013
    Business & Finance, Wind Farm Update

    Vattenfall’s Kentish Flats Extension has received a development consent order from the Energy Secretary today. The consent means that Vattenfall can step up its engagement with the local and UK supply chains as it develops a forward programme for installation and operation. The up to 17 turbine extension (KFE) will deliver up to 51MW of […]

  • Sweden: Vattenfall’s CEO under Investigation for Bribery

    30 April 2013
    Business & Finance

    Vattenfall has launched an independent inquiry to investigate claims according to which its CEO Oystein Loseth received a cash bribe during a takeover of the Dutch company Nuon in 2009, The Press and Journal Energy writes. Loseth has welcomed the investigation and said that it will “put an end to this rumour” by making clear […]

  • Kent Businesses Called to OWF Supply Chain Event (UK)

    8 January 2014
    Business & Finance

    Kent firms are being called on by a wind farm developer to go for new business as an offshore scheme gears up for construction. Vattenfall, developer of the 15 turbine Kentish Flats Extension is working with the scheme’s main contractors to connect with the regions businesses at a supply chain event in Canterbury later this […]