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Innogy reported an adjusted EBIT of EUR 1,553 million in the first half of 2018, 10% less than in the same period last year, said to be influenced by the negative weather effects on the Renewables division.
The 353MW Galloper offshore wind farm has achieved full generation with all 56 Siemens Gamesa turbines now generating renewable electricity off Suffolk, UK.
Innogy has distributed GBP 1.4 million in Wales in 2018 through community funding from its renewable energy projects.
Innogy SE officially inaugurated the Galloper offshore wind farm in the UK today, 28 September.
Innogy’s Green Bond Committee has decided to reallocate proceeds of its inaugural Green Bond from renewables generation projects to grid projects.
On 12 October, innogy issued its first Green Bond worth EUR 850 million and will use the proceeds to refinance four offshore wind farms in the UK and Germany and one onshore wind farm in the Netherlands.
Innogy’s Executive Board has approved a capital expenditure budget of over EUR 3 billion for fiscal 2018, more than 25% above the figure expected for 2017.
The Supervisory Board of innogy SE has appointed Uwe Tigges as Chief Executive Officer (CEO) of innogy SE.
Peter Terium, Chief Executive Officer (CEO) of innogy SE, is leaving the company with immediate effect in agreement with the Supervisory Board.
Innogy has partnered with Irish company Saorgus Energy to progress the development of the Dublin Array Offshore Wind Farm through to planning consent, and is set to acquire an equal share of the project. The next phase of project development will be led by innogy with support from Saorgus Energy.
E.ON has secured an 86.2% share in innogy after completing the voluntary public takeover offer (PTO) to the company’s minority shareholders.
Germany’s Bundesnetzagentur has awarded innogy SE with the rights to build and operate the 325MW Kaskasi offshore wind farm in the German North Sea.