Search results for: Fundraising

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  • 16 January 2012

    Global renewable energy developer, Mainstream Renewable Power, has successfully raised €40 million in loan notes in what was one of Ireland’s largest private fundraisings of 2011. The three year loan notes were raised by Dolmen Stockbrokers from Irish high-net-worth individuals and institutions. It is expected that the formal closing of this €40mln will complete in […]

  • 22 April 2011
    Business & Finance

      Siemens AG and its employees have demonstrated their profound concern for the victims of the natural disaster in Japan. The company’s international fundraising campaign has collected €4 million in monetary donations to support those affected by the earthquake and its aftermath. Employees from 45 countries contributed a total of around €2 million. The company […]

  • 14 July 2017
    Business & Finance

    Copenhagen Infrastructure Partners’ new fund Copenhagen Infrastructure III had its third close on Thursday, 13 July with total commitments reaching EUR 1.9 billion, after 4 months of fundraising.

  • 22 March 2017
    Business & Finance, Environment

    Danish fund management company Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III K/S, which has already received commitment of DKK 8.8 billion (around 1.2bn EUR).

  • 15 April 2013
    R&D, Technology

    A major stakeholder in Blue Power Energy Conor Haughey has appointed Beary Capital Partners to advise him on a €1.5m fundraising for wave energy development, Independent.ie informs. Blue Power Energy, in which Haughey holds 65 per cent stake, is seeking the investment to commercialize its newly developed way of capturing the power of waves, by […]

  • 31 May 2016
    Business & Finance

    Ideol has raised more than EUR 3 million in the latest fundraising round, including capital from Tertium investment fund. The newly secured finances will be used to speed up the development of Ideol’s floating wind foundation. Ideol’s floating foundation can be constructed in concrete or steel. It is designed to be compatible with existing commercial offshore wind turbines without […]

  • 13 March 2019

    Ørsted and The Royal Netherlands Sea Rescue Institution (KNRM) have established a partnership under which the offshore wind developer will help KNRM with fundraising and will financially support four coastal rescue stations. The collaboration starts in the province of Zeeland where Ørsted is developing the Borssele 1+2 offshore wind project. The cooperation will be extended […]

  • 1 April 2015
    Business & Finance

    The UK Green Investment Bank plc (GIB) has announced that its FCA regulated subsidiary, UK Green Investment Bank Financial Services Limited (GIBFS), has reached first close on commitments of £463m on its planned £1bn fund to invest in operating offshore wind farms in the UK. First close marks the completion of the first stage of […]

  • 7 November 2012

    Renewable energy company, Renetec Co., plans to raise around thirty percent of funds for USD 917 million tidal energy project from their equity partners, said Chief Executive Officer Park Jong Seon to Bloomberg. “For the debt portion, we’ll start fundraising in May 2014”, Seon added. The total capacity of this project will be 200MW and […]

  • 17 August 2015
    Business & Finance, Technology

    Wave energy developer Eco Wave Power has closed the first round of fundraising led by Pirveli Ventures, the company has reported. Following the investment, a representative of the investment fund will join Eco Wave Power’s board of directors. This follows the announcement made last month that a “Second Generation” power station has been successfully deployed […]

  • 13 October 2015
    Business & Finance

    UK Green Investment Bank Financial Services Limited (GIBFS) has announced that it executed a Second Close on new commitments of £355m for the Offshore Wind Fund, bringing total committed capital to £818m and nearing its £1bn target. This makes the GIBFS-managed fund the largest renewable energy fund in the UK. Second close investors include Swedish […]

  • 22 November 2013
    Business & Finance

    The Alliance to Protect Nantucket Sound (APNS) has reported continued strong fundraising for this past year. According to APNS in 2012 a revenue of nearly $2.1 million was reported. Read the APNS results below: Revenue of nearly $2.1 million was reported in 2012, stable with 2011 levels and up 17 percent since 2010. Of the […]

  • 22 March 2013
    Business & Finance

    Following strong demand during the book-building process, Greencoat UK Wind has placed 260 million shares, conditional on Admission, at an issue price of 100 pence per Ordinary Share in an oversubscribed offer, raising gross proceeds of £260 million, the maximum fund raise. The proceeds will be used to acquire the Seed Portfolio of operational UK […]

  • 6 November 2015
    Grid Connection, Operations & Maintenance, Technology

    Wave Electricity Renewable Power Ocean (WERPO) has entered into a new agreement with Sunbelt Israel, part of the Sunbelt Business Network capital group, to secure funding for the outstanding projects. WERPO, a wholly-owned subsidiary of the Israeli sea wave energy technology developer Blackbird International Corporation, and Sunbelt Israel will now start ”an aggressive campaign to raise funds […]

  • 22 March 2013
    Business & Finance, Technology

    Trident Energy announces completion of a second close of its funding round to finance pier-based sea trials of the company’s enabling technology for the offshore renewable energy industry. The new investment takes the total equity raised by the company since October 2012 to £1mil. This second close of £440k includes further investment from a syndicate […]

  • 7 March 2016
    Wind Farm Update

    Belgian offshore wind company Rentel NV has awarded an EPCI contract for an offshore substation (OSS) to STX France SA. The contract covers the design, fabrication, transport, offshore installation and commissioning of a monopile foundation and topside, including high voltage and ancillary equipment. It is the first major contract signed by Rentel NV for the offshore wind farm […]

  • 22 February 2018
    Business & Finance, Wind Farm Update

    Private markets investment manager Partners Group has raised EUR 3 billion in the latest round of project fundraising, a portion of which will go towards the 730MW Borssele III & IV offshore wind farm.

  • 11 May 2017
    Business & Finance

    In 2016, Europe raised a total of EUR 43 billion for the construction of new wind farms, refinancing operations, project acquisitions, and public market fundraising. Out of EUR 27.6 billion reached in new asset financing, offshore wind accounted for a record-breaking EUR 18.2 billion, while onshore wind new asset financing dropped by 5% to EUR 9.4 billion.

  • 7 May 2014

    Good Energy is to invest for the first time in a tidal energy project, the Tidal Lagoon in Swansea Bay, Wales. The Swansea Bay project is projected to deliver renewable power to more than 155,000 homes in the Swansea area and to save the equivalent of 236,000 tonnes in carbon dioxide emissions a year. Drawing […]

  • 21 July 2014
    Business & Finance

    The UK Green Investment Bank (GIB) has today announced two new senior appointments. Nick Gardiner will take on the role of Managing Director, Offshore Wind and Karl Smith will take on the role of Fund Managing Director. Gardiner will lead GIB’s offshore wind direct investment team. Since its launch in November 2012, GIB has made […]

  • 28 December 2017
    Business & Finance, R&D

    Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure III (CI III) had its sixth close on 27 December with total commitments reaching approximately EUR 2.8 billion after nine months of fundraising.

  • 24 November 2015

    DONG Energy has signed a partnership with the Royal National Lifeboat Institution (RNLI) to contribute to the lifeboat running costs of six RNLI stations across the UK.  DONG Energy and the RNLI have agreed to work together for an initial period of two years, during which DONG Energy will make a financial donation of £120,000 to help […]

  • 19 May 2014
    Business & Finance

    TLT has advised Tidal Lagoon Power on the grant of a Power Purchase option to clean energy supplier, Good Energy. Tidal Lagoon Power is responsible for the world’s largest tidal energy project of any kind, which is being planned for Swansea Bay. It intends to start generating electricity in 2018. Good Energy has taken an […]

  • 10 November 2011
    Business & Finance

    The Danish firm SSP Technologies Holding ApS, a portfolio company of Ventizz Capital Fund IV, LP (“Ventizz IV”), has ended a legal dispute with PNE Wind AG via an amicable settlement. The dispute, which began in 2009, was in relation to the acquisition of the Danish rotor blade specialist SSP in 2008. Alongside an arrangement […]

  • 4 May 2016
    Business & Finance

    In its annual results for 2015, Mainstream Renewable Power marked the sale of the Hornsea Project One to DONG Energy in Q1 2015 as part of its strategy to exit the offshore wind market. The company, which reported a profit after tax of € 96.0 million in 2015 (compared to a loss of € 46.6 million in […]

  • 27 May 2020
    Business & Finance, Technology

    Principle Power has secured an investment of over USD 22 million from Tokyo Gas to fund the company’s growth strategy and the continued commercialization of its floating wind technology. In addition, the accompanying Cooperation Agreement signed by Principle Power and Tokyo Gas sets a foundation for creating commercial-scale deployment opportunities for Principle Power’s WindFloat® technology […]