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Innogy has reported a 29% increase in adjusted EBIT in the first quarter of the fiscal year 2019, said to be due to earnings contributed by new wind farms, as well as prices and improvement in weather conditions. In the latest financial results, Innogy announced EUR 200 million in adjusted EBIT in Q1, compared to […]
Innogy has launched an apprenticeship scheme for the Galloper offshore wind farm for East Anglia-based young people. The new offshore wind turbine apprenticeship scheme will see three candidates undergo on-site hands-on training together with class-based learning at East Coast College in Lowestoft. According to innogy, the four-year scheme will give the participants the chance to get […]
Innogy has received approval to increase the maximum installed capacity of its Sofia offshore wind farm by 200MW, from 1.2GW to 1.4GW. UK's Marine Management Organisation (MMO) has approved amendments to the deemed marine licenses, which correspond to changes to the development consent order decided by the Secretary of State for Business, Energy and Industrial […]
Essen-based energy company E.ON has submitted its application to integrate innogy to the EU Commission. “With the filing of the transaction in Brussels, we have taken an important step towards our goal of implementing the transaction agreed with RWE to acquire innogy from mid-2019. We are also well on track to prepare the planned integration of […]
Innogy has distributed GBP 1.4 million in Wales in 2018 through community funding from its renewable energy projects.
Innogy’s Green Bond Committee has decided to reallocate proceeds of its inaugural Green Bond from renewables generation projects to grid projects.
Innogy, Shell and Stiesdal Offshore Technologies A/S (SOT) have signed an investment and cooperation agreement to build a demonstration project using SOT’s TetraSpar floating foundation concept.
Innogy Ventures and Shell Ventures have provided a USD 10 million financing to predictive digital twin pioneer Akselos.
Innogy SE officially inaugurated the Galloper offshore wind farm in the UK today, 28 September.
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.
E.ON has secured an 86.2% share in innogy after completing the voluntary public takeover offer (PTO) to the company's minority shareholders.
Innogy SE has appointed David Few as Project Director for the largest project in its current development portfolio, the 1.2 GW Sofia offshore wind farm, sited on Dogger Bank in the North Sea.
Innogy has concluded two legally binding agreements – one with E.ON, another with RWE – on the planned integration of innogy into E.ON and the planned integration of innogy’s renewables business into RWE. As reported earlier, E.ON and RWE reached an agreement under which E.ON would acquire RWE's 76.8% stake in innogy in return for granting […]
International energy company innogy and Dutch transmission system operator (TSO) TenneT have signed a Letter of Intent to jointly investigate the opportunities and challenges of offshore wind cross-border interconnectors across a North Sea Wind Power Hub system. Sea.
The Executive Board and the Supervisory Board of innogy SE have not issued any recommendations to innogy’s shareholders on the voluntary public takeover offer of E.ON Verwaltungs SE.
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.
E.ON has launched its voluntary public takeover offer (PTO) for shares in innogy SE following the approval of the offer document by the German Federal Financial Supervisory Authority.
The Supervisory Board of innogy SE has appointed Uwe Tigges as Chief Executive Officer (CEO) of innogy SE.
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 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 SE has reached an agreement in principle with RWE AG to acquire RWE’s 76.8% stake in innogy SE via a far-reaching exchange of assets and participations.
Peter Terium, Chief Executive Officer (CEO) of innogy SE, is leaving the company with immediate effect in agreement with the Supervisory Board.
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.
German utility innogy has maintained the yearly outlook for the Renewables division's business performance despite a 20% drop in division's Adjusted EBIT in the first three quarters of 2017.
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 has informed that it achieved its financial independence from RWE on 6 October by signing a stand-alone credit agreement of EUR 2 billion.