Search results for: European Investment Bank

319 results

A list of search results

  • 25 October 2011
    Grid Connection

    £52m of funding for the transmission link to the Walney 1 offshore wind farm will be provided by the European Investment Bank, the European Union’s long-term lending institution. Blue Transmission Walney 1 Limited has been granted a licence to own and operate the offshore transmission link by Ofgem E-Serve, the UK energy regulator’s business unit […]

  • 9 March 2011

    The European Investment Bank (EIB) is providing a EUR 80 million loan to finance the construction and operation of Germany’s first … (iewy) [mappress]   Source: iewy , March 09, 2011;  

  • 31 January 2011

    The European Investment Bank has formally agreed to provide a EUR 450 million loan to TenneT Holding B.V. to finance construction and… (finchannel) [mappress] Source: finchannel, January 31, 2011

  • 21 December 2010
    Training & Education

    Melchior Karigl, Financial Director at the European Investment Bank and Michael van der Heijden, Managing Director at Typhoon Offshore have confirmed their presence at the conference Offshore Wind Installation and Maintenance 2011. The second edition of the conference will open with a session on the financing of wind parks. Within the European Investment Bank, speaker […]

  • 22 October 2012
    Authorities

    The European Commission has concluded that public funding of 3 billion GBP (around €3.7 billion) granted by the United Kingdom (UK) for the creation of a bank investing in environmentally friendly projects, is in line with EU state aid rules. The Green Investment Bank (GIB) will invest only in projects that could not obtain sufficient […]

  • 12 November 2020

    Singapore-based integrated marine services provider PSA Marine has secured a three-year EUR 30 million equivalent sustainability-linked loan from DBS Bank. The loan features an interest rate adjustment linked to an Environmental, Social, and Governance (ESG) target. This requires a fleet of PSA Marine’s Crew Transfer Vessels (CTVs) to be substantially deployed to support offshore wind […]

  • 8 June 2020
    Business & Finance

    Capital expenditure (CAPEX) on offshore wind is expected to surpass upstream oil & gas spending in Europe in 2022, according to Rystad Energy. The oil market collapse caused by the Covid-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector on a continued downwards […]

  • 7 April 2020
    Business & Finance

    EUR 6.1 billion was invested in four European offshore wind projects with a combined capacity of around 1.4 GW in 2019, marking the lowest amount invested and the capacity financed in a year since 2012, according to a report by WindEurope. The four wind farms that reached the Final Investment Decision (FID) in 2019 are […]

  • 1 April 2020
    Business & Finance, Wind Farm Update

    Deutsche Bank has closed a deal contingent interest rate swap on TWD 90 billion (around EUR 2.7 billion) project finance for the development of the 589 MW Changfang and Xidao wind farm off Changhua County, Taiwan. The investment consortium, led by Copenhagen Infrastructure Partners (CIP) through its funds CI II and CI III, with two […]

  • 15 November 2019
    Business & Finance

    The European Investment Bank (EIB) is planning to support EUR 1 trillion of investments in climate action and environmental sustainability from 2021 to 2030 as part of a new energy lending policy. Following the approval of the revised energy lending policy, the EIB stated it will no longer consider new financing for unabated, fossil fuel […]

  • 30 October 2019
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Norwegian offshore service company Aibel has won a contract to deliver converter platforms for the 3.6GW Dogger Bank offshore wind project. Aibel will deliver two converter platforms for the 1.2GW Creyke Beck A and the 1.2GW Creyke Beck B projects, with an option for a third platform for the 1.2GW Teesside A project at the […]

  • 20 September 2019
    Contracts & Tenders, Wind Farm Update

    NKT has entered a Preferred Supplier Agreement (PSA) as the main contractor for delivery and installation of high-voltage DC on- and offshore export cable systems to the Doggerbank Creyke Beck A and B offshore wind farms. With a combined capacity of 2,400MW, the wind farms are being developed as a joint venture of Equinor (50%) […]

  • 28 August 2019
    Authorities, Wind Farm Update

    The Crown Estate has completed the plan level Habitats Regulations Assessment (HRA) for the 2017 offshore wind project extension applications confirming that seven out of the eight projects which applied will now progress to the award of rights. The HRA, which The Crown Estate has undertaken as a requirement of the Habitats Regulations, assesses the […]

  • 5 February 2019
    Grid Connection

    The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Diamond Transmission Partners by Diamond Transmission Corporation Limited (DTC) and by Infrared Capital Partners Limited (IRCP). Diamond Transmission Partners is the holding company of the Offshore Transmission Owner (OFTO) for the 573MW Race Bank offshore wind farm, active in […]

  • 18 December 2018
    Business & Finance, Wind Farm Update

    The Japan-based Nippon Life Insurance has executed a GBP 200 million syndicated loan for the Race Bank offshore wind project in the UK.

  • 19 October 2018
    Business & Finance, Wind Farm Update

    Windplus S.A. will receive around EUR 96 million from the European Investment Bank (EIB), the EU’s NER300 programme and the Government of Portugal to build the 25MW WindFloat Atlantic floating wind farm.

  • 3 August 2018
    Business & Finance

    The European Investment Bank (EIB) has agreed to provide an undisclosed amount of funding for the construction of the Seamade offshore wind farm in the Belgian North Sea.

  • 18 July 2018
    Business & Finance, Environment, Wind Farm Update

    The European Investment Bank (EIB) has approved financing for an unnamed offshore wind project in Belgium as part of the EUR 3.4 billion investment package for renewable energy, energy efficiency, Near Zero Energy Buildings, hydropower and district heating projects.

  • 13 June 2018
    Wind Farm Update

    Ørsted and its project partners, Macquarie and Sumitomo, officially opened the 573MW Race Bank offshore wind farm on 13 June at a ceremony in Grimsby, UK.

  • 27 March 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Green Investment Group Limited (GIG), the specialist green energy principal investment business of Macquarie Group Limited, has acquired a 25% interest in Westermost Rough offshore wind farm from Marubeni Corporation (Marubeni).

  • 24 August 2017
    Authorities, Business & Finance, R&D, Technology, Training & Education

    The Offshore Renewable Energy (ORE) Catapult has announced a GBP 920,000 programme to advance offshore wind research in Scotland, based around its Levenmouth Demonstration Turbine.

  • 18 August 2017
    Business & Finance, Environment

    A consortium comprising Macquarie Group Limited, Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS) has successfully completed the acquisition of the Green Investment Bank from the UK government for GBP 2.3 billion.

  • 2 August 2017
    Authorities, Business & Finance, R&D, Technology, Training & Education

    The Scottish Government has invested a further GBP 1.5 million in the Carbon Trust’s collaborative research, development and demonstration (RD&D) programme – the Offshore Wind Accelerator (OWA).

  • 4 July 2017
    Business & Finance, Grid Connection

    The European Investment Bank (EIB) and Elia, the operator of the Belgian high-voltage grid, have concluded a EUR 100 million loan agreement which will be used primarily for financing the Stevin project.

  • 24 May 2017
    Authorities, Business & Finance, Wind Farm Update

    The European Commission has approved the sale of the UK Green Investment Bank’s (GIB) offshore wind farm portfolio to Macquarie Group Limited of Australia and Universities Superannuation Scheme Limited (USSL) of the UK.

  • 20 April 2017
    Business & Finance

    A Macquarie-led consortium has agreed to acquire the UK Green Investment Bank from the UK Government for GBP 2.3 billion.