Search results for: Sumitomo Corporation

1527 results

A list of search results

  • 16 July 2019
    Wind Farm Update

    Japan’s Sumitomo Corporation and Electric Power Development Co., Ltd. (J-POWER) have begun an offshore ground investigation around Hirashima and Enoshima islands off the coast of Saikai City, Nagasaki Prefecture, to explore the possibility of developing an offshore wind farm. The Japanese government is currently in the process of determining areas to be designated as offshore […]

  • 18 February 2019
    Business & Finance

    Sumitomo Corporation, Sumitomo Mitsui Banking Corporation (SMBC) and Development Bank of Japan have established their first fund dedicated to overseas offshore wind projects. Established through the fund management company Spring Infrastructure Capital, the fund will acquire the assets Sumitomo Corporation holds in the Race Bank and Galloper offshore wind farms in the UK as seed assets. […]

  • 9 August 2016
    Business & Finance

    The deal on Sumitomo Corporation’s indirect acquisition of 12.5% share of the 336MW Galloper offshore wind farm is closing this month, according to SgurrEnergy, who provided independent technical advisory services to Sumitomo Corporation. The services provided by SgurrEnergy included an assessment of the project’s permitting situation, contracting status and structure, construction timescales, capital and operating cost estimates […]

  • 29 August 2018
    Business & Finance, Wind Farm Update

    As of 24 August, Japan-based Sumitomo Corporation holds a 30% stake in the Northwester 2 offshore wind project, developed by Parkwind in the Belgian sector of the North Sea. 

  • 31 July 2013

    With the support of technical due diligence advice from GL Garrad Hassan, Sumitomo Corporation and its subsidiary Sumitomo Corporation Europe last week agreed to invest significant amount of equity in two Belgian offshore projects. The Belwind 1 operational wind farm and Northwind project together account for 127 wind turbines and 381 MW of generating capacity […]

  • 29 May 2020
    Business & Finance, Wind Farm Update

    A consortium of eight Japanese companies will jointly bid to develop an offshore wind power project in Akita Prefecture for which a public tender is scheduled. Sumitomo Corporation, INPEX Corporation, Japan Petroleum Exploration, JR-EAST Energy Development, Kato Construction, Narita Construction, TEPCO Renewable Power, and Venti Japan will jointly take on the project near the cities […]

  • 10 July 2018
    Authorities, Business & Finance, Wind Farm Update

    Belgium’s Parkwind and Summit Tailwind Belgium, part of the Sumitomo Corporation, have submitted a notification of concentration to the European Commission for the acquisition of the joint control over Northwester 2.

  • 22 September 2016
    Wind Farm Update

    On 22 September, Jan De Nul installed the last foundation at the Nobelwind wind farm, developed by Parkwind. All 51 foundations have been fitted with the associated transition pieces for the installation of the MHI Vestas V112-3.3MW turbines. The offshore high voltage substation (OHVS) for Belgian Nobelwind offshore wind project, also known as Belwind 2 or Bligh […]

  • 29 July 2016
    Business & Finance, Wind Farm Update

    Tokyo-headquartered Sumitomo Corporation has signed a contract to invest alongside Macquarie Capital in the 336MW Galloper offshore wind farm. Sumitomo will indirectly take a 12.5% stake in the project with the transaction due to complete in the coming months. The equity sponsors of Galloper, RWE Innogy UK, Siemens Financial Services, UK Green Investment Bank plc […]

  • 18 December 2018
    Business & Finance, Contracts & Tenders

    Engie and EDP Renewables have entered into an alliance with the Japan-based Sumitomo Corporation for the development of the Dieppe et Le Tréport and Iles d’Yeu et de Noirmoutier offshore wind projects in France.

  • 9 June 2016
    Wind Farm Update

    The installation of scour protection around the 51 foundations of the Nobelwind (Bligh Bank II)offshore wind project finished yesterday, 8 June. The erosion protection consists of a light filter layer (first phase) and a heavier coating layer specifically designed for various locations and water depths. This protection will remain stable for the next 25 years, […]

  • 10 October 2019
    Business & Finance, Grid Connection

    Diamond Transmission Partners has signed an agreement with the owners of the Race Bank offshore wind farm to acquire the project’s transmission assets. Diamond Transmission Partners, a partnership of Diamond Transmission Corporation Ltd and HICL Infrastructure PLC, was selected as the preferred bidder for the Race Bank offshore transmission license in June last year. The transmission […]

  • 2 August 2016
    Grid Connection, Vessels, Wind Farm Update

    Jan De Nul has installed the transition piece which will support the Offshore High Voltage Station (OHVS) on the ‎Nobelwind‬ ‪offshore‬ ‪‎wind far‬m in the Belgian part of the North Sea. The 165 MW Nobelwind offshore wind farm is expected to be completed in the second half of 2017 and will feature 50 Vestas V112-3.3MW turbines […]

  • 8 October 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Northwester 2 has reached the official close of financial agreements with all key stakeholders and banks for the construction of the 219MW Northwester 2 offshore wind farm in the Belgian North Sea.

  • 9 January 2017
    Grid Connection, Wind Farm Update

    The first MHI Vestas wind turbine has started producing power at the Nobelwind offshore wind farm in the Belgian North Sea on Monday, 9 January, Parkwind reported via social media. The 165MW offshore wind farm is expected to be completed in 2017 and will feature 50 MHI Vestas V112-3.3MW turbines installed some 45 kilometres off the coast […]

  • 6 December 2017
    Business & Finance

    Zero subsidy offshore wind projects leave the actual electricity price as the only source of income and it is quite difficult for traditional investors such as banks to finance these projects, because that would mean that the banks lending the money must agree to take on the merchant risk, said Christoph Mertens, CEO Summit Renewable Power Europe, a wholly owned subsidiary of Sumitomo Corporation.

  • 15 March 2017
    Wind Farm Update

    42 out of 50 MHI Vestas V112-3.3MW turbines have been installed at the 165MW Nobelwind offshore wind farm in the Belgian North Sea, Parkwind, the developer and part owner of the wind farm, reports.

  • 31 July 2018
    Authorities, Business & Finance

    The European Commission has approved the acquisition of joint control by Parkwind and Summit Tailwind Belgium over Northwester 2, a project company holding a 224MW concession in the Belgian North Sea.

  • 18 July 2013
    Business & Finance

    Sumitomo Corporation, in conjunction with Sumitomo Corporation Europe (collectively hereafter Sumitomo), have entered into an agreement with Parkwind, a Belgian offshore wind company, to take shares in two offshore wind farm projects off the coast of Belgium. Parkwind’s shareholders are the Colruyt Group, Korys NV, the investment holding of the Colruyt family, and PMV. The […]

  • 22 November 2018
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Ofgem has selected Diamond Transmission Partners as the preferred bidder to own and operate the high voltage transmission link to the Galloper offshore wind farm in the UK.

  • 17 November 2014

    In October Japanese industrial group Sumitomo Corporation announced it has officially acquired shares in the two Belgian wind farms Belwind (39%) and Northwind (30%) from Parkwind NV, a joint venture by Colruyt Group, Korys, the investment holding of the Colruyt family, and the Flemish investment fund PMV. The 165MW Belwind project is located on the […]

  • 11 May 2016
    Vessels, Wind Farm Update

    ‪‎First‬ monopiles and transition pieces for the ‪‎Nobelwind (Bligh Bank Phase 2) offshore‬ ‪wind farm‬‪ ‎have been loaded on board the ‪Vole au Vent‬, Jan De Nul reported today.  The news comes almost two weeks after the vessel was christened in the Port of Ostend, the base port of Jan de Nul’s team for the Nobelwind project. Jan De Nul’s […]

  • 8 October 2018
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Belgian offshore wind developer Northwester 2 has selected the French cable specialist Nexans to provide an export cable system for the 219MW Northwester 2 offshore wind farm.

  • 23 October 2015
    Business & Finance, Wind Farm Update

    Belgian Nobelwind offshore wind project has reached financial close, securing approximately EUR 655 million from investors and financial institutions, the project company Nobelwind SA confirmed to Offshore WIND this morning. The company, comprising Belgian offshore wind developer Parkwind NV, Japanese Sumitomo Corporation and Dutch investment fund Meewind, said the project is now ready to enter the construction phase, which is […]

  • 26 February 2020
    Grid Connection, Wind Farm Update

    Diamond Transmission Partners (DTP) has signed an agreement to purchase the transmission assets of the Galloper offshore wind farm in the UK.

  • 28 August 2019
    Authorities, Grid Connection

    The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Diamond Transmission Partners Galloper (Holding) Limited by Diamond Transmission Corporation Limited (DTC) and InfraRed Capital Partners Limited (IRCP), all of the UK. Diamond Transmission Partners Galloper is the holding company of the offshore transmission owner (OFTO) for the Galloper […]