Search results for: Mitsubishi Corporation

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  • 25 March 2020
    Business & Finance

    Mitsubishi Corporation and Chubu Electric Power have completed the acquisition of the Dutch energy company Eneco. The two Japanese companies have now, through their special purpose company, Diamond Chubu Europe B.V, acquired all of the shares of Eneco. The total value of this acquisition is EUR 4.1 billion, the companies said. Mitsubishi will control an […]

  • 5 August 2016
    Business & Finance, Grid Connection

    Dutch energy company Eneco Group recorded EUR 139 million profit after income tax , slightly less than the EUR 144 million made by the company in the same period last year, as a result of lower prices for gas and, to a smaller extent, for electricity. The group’s grid operator, Stedin, and the energy company, Eneco, contributed more or […]

  • 16 January 2013
    Grid Connection

    TenneT and  Mitsubishi Corporation officially closed their partnership with respect to two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s voting interest will be 49% with aggregate maximum equity commitment of EUR 240 million. At the same time both partners signed a contract for an investment in two more offshore projects named HelWin2 and DolWin2 in which Mitsubishi also will acquire a […]

  • 14 December 2016
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Mitsubishi Corporation and Eneco have reached an agreement to establish a new fifty-fifty joint venture that will invest in Belgian Norther offshore wind farm.  The news comes after the two companies won the Dutch Borssele III & IV tender as part of a consortium also comprising Van Oord and Shell. The new joint venture will hold 50% […]

  • 20 March 2013
    Business & Finance

    GL Garrad Hassan has acted as technical adviser to Mitsubishi Corporation (MC) on their recent acquisition of a 49% stake in the BorWin1 and BorWin2 German offshore high-voltage, direct current (HVDC) links. The company acted as the sole technical advisor to MC providing due diligence assessment of the BorWin assets and follow on support to […]

  • 9 February 2012

    TenneT has entered into a partnership with Mitsubishi Corporation by agreeing to sell a 49% equity stake in two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s aggregate equity commitment will total EUR 240 million. This partnership represents a milestone transaction in Germany, allowing infrastructure investors to invest in separate clusters of regulated assets. […]

  • 26 April 2018
    Authorities, Business & Finance, Contracts & Tenders, Grid Connection, Operations & Maintenance

    Diamond Transmission Partners BBE Limited (DTPBBE) has signed the acquisition of transmission assets connected to the Burbo Bank Extension offshore wind farm located in the Bay of Liverpool in the UK.

  • 15 December 2016
    Contracts & Tenders, Wind Farm Update

    Norther N. V. has taken Final Investment Decision (FID) for the Norther project and awarded MHI Vestas with a contract for the supply of 44 of its 8MW wind turbines. Van Oord has been hired as the Balance of Plant contractor. The V164-8.0 MW turbines have been optimised for the project, utilising a power mode to be able […]

  • 7 April 2015
    Wind Farm Update

      Van Oord installed the first 60m turbine tower at the Eneco Luchterduinen offshore wind farm yesterday.  The first 8 wind turbines were loaded onto the Aeolus during the weekend and now the work is in full swing. Van Oord will install 43 Vestas wind turbines. Eneco Luchterduinen is scheduled to be operational and generate green electricity for nearly 150,000 households […]

  • 22 September 2015
    Wind Farm Update

    The Eneco Luchterduinen offshore wind farm was put into operation, which was officially celebrated yesterday with a traditional Japanese Kagami Biraki ceremony. The wind farm, owned jointly by Mitsubishi Corporation and Eneco, comprises 43 wind turbines and is located 23 kilometres off the coast of Zandvoort and Noordwijk, the Netherlands. Eneco Luchterduinen has a capacity of 129 megawatts, which means it will supply […]

  • 29 October 2018
    Contracts & Tenders, Wind Farm Update

    Metal bending specialist Kersten has been commissioned to produce the curved inverted angle profiles for the floating foundations of the Windfloat Atlantic project in Portugal.

  • 2 September 2013
    Business & Finance, Grid Connection, Wind Farm Update

    Two subsea cables which connect the London Array offshore wind farm to the shore are about to be bought by Mitsubishi Corporation and Barclays Plc investment fund, Reuters informs. The investment of around JPY 100 billion includes the acquisition of 55km of power transmission cable and the accompanying offshore transformer facilities, which the companies are […]

  • 17 September 2014
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Eneco’s Dutch offshore wind division has moved into a new office at the Vlissingenstraat 43 from its old building at Industriestraat. Currently, Eneco is building its second offshore wind farm, Eneco Luchterduinen together with Japan’s Mitsubishi Corporation, which is leading to a significant expansion of work in IJmuiden. Therefore, the construction team of Eneco Luchterduinen […]

  • 25 October 2016
    Authorities, Business & Finance, Operations & Maintenance, Wind Farm Update

    Diamond Offshore Wind Holdings, part of Mitsubishi Corporation, Eneco Wind Belgium and Elnu NV have notified the European Commission of their intent to acquire a joint control over Norther NV, the developer and operator of the 370MW Norther offshore wind farm in Belgian North Sea. Eneco Wind Belgium is a 100% subsidiary of Eneco Holding, and Elnu […]

  • 26 November 2019
    Business & Finance

    A consortium of Mitsubishi Corporation and Chubu has reached an agreement with the Dutch energy company Eneco on the proposed sale of all shares in Eneco for a total equity value of EUR 4.1 billion. Mitsubishi will control an 80% stake in Eneco, with Chubu holding the remaining 20%. Mitsubishi also plans to transfer part […]

  • 2 September 2014
    Wind Farm Update

    Eneco has installed the transformer station foundation at its 129MW Eneco Luchterduinen offshore wind farm. The main contractor for the development of the Dutch wind farm, a joint operation between the Japanese company Mitsubishi Corporation and Eneco Group, is Van Oord. The wind turbine construction jack-up vessel Aeolus installed 10 foundations out of 43 so […]

  • 11 March 2016
    Business & Finance, Wind Farm Update

    The Japan Bank for International Cooperation (JBIC) has approved a EUR 244 million loan agreement for the 129MW Eneco Luchterduinen offshore wind farm in the Dutch part of the North Sea. The Eneco Luchterduinen wind farm, developed and owned jointly by Japan’s Mitsubishi Corporation and the Dutch energy company Eneco, comprises 43 112-3.0MW MHI Vestas wind turbines […]

  • 28 January 2013

    GL Garrad Hassan has supported Mitsubishi Corporation (Mitsubishi) in making a major investment in the European offshore wind sector by providing strategic advice and technical due-diligence as part of a wider structure advisory team. Mitsubishi, Japan’s largest trading group has acquired a 50% interest in the 129 MW Luchterduinen project off the coast of the […]

  • 19 February 2015
    Grid Connection

    Rambiz crane vessel, owned by Belgian Scaldis, installed offshore high voltage station (OHVS) in Dutch waters yesterday morning. On Tuesday, the vessel arrived to port of Ijmuiden where it picked up the OHVS which is a part of Eneco Luchterduinen offshore wind farm. Weighting as much as four Boeing 747, around 900 tonnes, the station […]

  • 26 March 2018
    Business & Finance, Wind Farm Update

    Mitsubishi Corporation has entered into an agreement with EDP Renewables to acquire 33.4% of shares in Moray Offshore Windfarm (East) Limited (MOWEL) through its wholly owned UK-based subsidiary Diamond Generating Europe Limited (DGE).

  • 28 April 2014
    Grid Connection

    Cabling specialist VSMC, a joint VolkerWessels and Boskalis company has been awarded a contract by EPC contractor Van Oord Offshore Wind Projects bv to install and bury a 25km long export cable for the Eneco Luchterduinen Offshore Wind Farm.  The Eneco Luchterduinen Offshore Wind Farm, to be built by Eneco and Mitsubishi Corporation, will be […]

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

    MHI Vestas Offshore Wind has signed preferred supplier agreements in Taiwan with Copenhagen Infrastructure Partners (CIP) and China Steel Corporation (CSC).

  • 4 September 2014
    Wind Farm Update

    On August 31, a ferry from DFDS, which commutes between IJmuiden and Newcastle, had a special day-trip to Dutch wind farms. The highlight was the visit to the Eneco Luchterduinen offshore wind farm, currently under construction, where at the Aeolus was busy driving the tenth foundation pile into the seabed.This is the first time that […]

  • 27 September 2013
    Business & Finance, Wind Farm Update

    Vestas will supply 43 V112-3.0 MW offshore-turbines for the Eneco Luchterduinen offshore wind farm off the coast of the Netherlands. Eneco Luchterduinen is owned by Dutch energy company Eneco and Mitsubishi Corporation from Japan. Construction of the project will begin in July 2014. The order with a total capacity of 129 MW includes supply, installation […]

  • 6 July 2017
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Blauwwind II C.V., a consortium behind the Borssele III and IV offshore wind project, has applied for a loan with the European Investment Bank (EIB) to support the development of the 740MW offshore wind farm in the Dutch part of the North Sea.

  • 20 February 2020
    Grid Connection

    Ofgem has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the Hornsea Project One wind farm in the UK.