Search results for: Vattenfall

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  • 30 October 2018
    Business & Finance

    Vattenfall’s Wind division posted an underlying operating profit of SEK 1.9 billion (EUR 182.5 million) in the first nine months of 2018, a 153% increase compared to SEK 752 million reported for the same period in 2017. The increase was largely attributed to additional capacity, as well as positive price and currency effects. Vattenfall’s latest capacity […]

  • 2 May 2018

    Vattenfall has completed the construction of a 30-meter-long floating crew transfer pontoon which will be used for its European Offshore Wind Deployment Centre (EOWDC) in Scotland.

  • 30 April 2013
    Business & Finance

    Vattenfall’s Board of Directors has announced that Christer Danielsson from Frank Advokatbyrå will be in charge of the investigation to find out if Vattenfall’s CEO Øystein Løseth received additional compensation when Vattenfall acquired the Dutch company Nuon in 2009. “Christer Danielsson is an extremely qualified lawyer and lives up to all the demands for impartiality […]

  • 26 September 2017

    Vattenfall has awarded ODE, an integral part of the DORIS Group, with two framework agreements for its offshore wind projects across Europe. 

  • 5 February 2020
    Business & Finance

    Vattenfall’s offshore wind farms generated 6.8 terawatt-hours (TWh) of electricity in 2019, a near 31 percent increase compared to 5.2TWh generated in 2018. The increase was mainly attributed to the full commissioning of the 407MW Horns Rev 3 wind farm in the Danish North Sea. Vattenfall’s operating offshore wind capacity at the end of 2019 […]

  • 29 August 2017

    60% of local residents support Vattenfall’s plan to extend the existing Thanet Extension offshore wind farm, a recent survey shows.

  • 22 July 2016
    Wind Farm Update

    Even though Vattenfall yesterday informed it made a final investment decision to build the European Offshore Wind Deployment Centre (EOWDC), this did not mark an end of the fight against the project for Donald Trump, whose company Trump International Golf Links said it will file “formal written objections” in an effort to stop the project’s construction.  Trump plans to start another […]

  • 14 November 2014
    Business & Finance

    It has now been decided that Vattenfall’s new office in Luleå will be built by Skanska and shall be awarded the highest level of certification by the Sweden Green Building Council. Building the office means continued investment in Luleå as a key strategic location for around 300 employees. When the new office is completed it […]

  • 5 November 2019
    Business & Finance, Jobs & Recruitment

    Vattenfall’s Vice President of Business Unit Offshore Wind Michael Simmelsgaard has decided to leave the company. Simmelsgaard, who joined Vattenfall in 2015, will continue his career outside the company. Head of Engineering Offshore Wind Jacob Nørgaard Andersen will take over the role as Danish Country Manager. “Vattenfall’s has developed a strong offshore business over the […]

  • 9 May 2014

    Vattenfall’s Board of Directors has appointed Magnus Hall as the new President and CEO of Vattenfall. He will succeed Øystein Løseth and take on his new position as of October 1, 2014. Magnus Hall most recently held the position of president and CEO of forest company Holmen, where he worked for 29 years, and the […]

  • 8 January 2015
    Business & Finance

    Utiligensia has been awarded a further contract by Vattenfall Wind Power Ltd, for the provision of interim commercial support to the Valuation & LEC Management team. The work comprises finanical modelling, analysis and valuation services to German and UK offshore wind projects during development and construction phases. This includes the DanTysk offshore wind farm and Kentish Flats Extension.  DanTysk is […]

  • 19 July 2019
    Business & Finance

    Swedish energy company Vattenfall has reported an 18.4 percent increase in wind power generation in the first half of 2019 compared to the same period a year earlier, mainly due to the addition of new capacity. During the last twelve months, Vattenfall has commissioned the 97MW Aberdeen Bay (EOWDC) offshore wind farm in Scotland, the […]

  • 13 March 2015
    Business & Finance

    Vattenfall has launched hybrid bonds of SEK 6 billion and EUR 1 billion (approximately SEK 15 billion combined) in order to refinance an existing hybrid bond of EUR 1 billion, issued in 2005. The excess amount will be used for general corporate purposes. The issue of corporate hybrid bonds in Swedish kronor is the first […]

  • 28 April 2017
    Business & Finance, Operations & Maintenance

    Vattenfall’s Wind Business Area recorded an uptick in wind generation in the first quarter of 2017 on the back of more than 500MW of added capacity, including the recently commissioned 288MW Sandbank offshore wind farm.

  • 7 February 2017
    Business & Finance

    Swedish energy company Vattenfall marked a slight dip in net sales at its wind division in the Fiscal Year 2016 despite adding 297MW of new renewable capacity throughout the period.

  • 7 February 2019
    Business & Finance, Contracts & Tenders

    EMS Maritime Offshore (EMO) has won a contract to provide nautical personnel for Vattenfall’s Marine Coordination Center in Esbjerg, Denmark. Under the three-year contract, EMO will provide up to ten marine coordinators who will begin supporting Vattenfall’s offshore wind projects 24/7 during the construction and operation phases from 1 March. The team will also be in […]

  • 21 November 2011

    Vattenfall has appointed Peter Wesslau as the new Country Manager for Vattenfall’s UK operations. Peter Wesslau is on the management team of Business Division Renewables and will be based in London. Vattenfall will now further boost its investments in wind power. Vattenfall will further increase its investments in wind power in the UK and has […]

  • 7 October 2014
    Business & Finance

    Vattenfall’s new CEO Magnus Hall visited the company’s wind centre in Esbjerg, Denmark on Monday. Hall came to Esbjerg as the company is about to break the barrier of 1000 wind turbines to be controlled from its surveillance centre at the Danish North Sea coast. The Esbjerg office has been part of the Vattenfall’s wind […]

  • 9 May 2018
    Contracts & Tenders, Vessels, Wind Farm Update

    Vattenfall has awarded Spectrum Offshore with a contract to carry out unexploded ordnance (UXO) survey on two nearshore wind farms in the Danish North Sea.

  • 27 June 2016
    Operations & Maintenance, Wind Farm Update

    Vattenfall has shared a video of its offshore wind farm accommodation platform, the future home for the service teams working at the 288MW DanTysk and the 288MW Sandbank offshore wind farm, being installed some 90 kilometres off the German North Sea coast. The onshore construction of the accommodation platform has been completed and the six-storey structure has been […]

  • 11 March 2011
    Business & Finance

    KENTISH Flats operator Vattenfall has warned that the offshore wind farm industry must reduce its costs or risk “dying out.” Speaking at a wind energy event in London on Tuesday, Ole Bigum Nielsen, who heads the UK offshore operations, told the audience: “I think we all agree we have to lower the costs of what […]

  • 26 February 2014
    Business & Finance

    Vattenfall has decided to sell Vattenfall Europe PowerConsult GmbH, (VPC, a leading engineering and laboratory services company with overall 535 employees) to the Private Equity Investor Palero capital GmbH. The parties have agreed not to disclose the transaction value. The transaction is expected to be closed within the first quarter of 2014. VPC’s headquarter is […]

  • 31 July 2012
    Business & Finance

    Sweedish energy company, Vattenfall, has released second quarter 2012 results. Net sales amounted to SEK 36,703 million (40,443) for the second quarter and SEK 85,697 million (92,311) for the first half of the year. For continuing operations, i.e., excluding divested operations primarily in Belgium, Finland and Poland, sales rose by slightly more than 1% during […]

  • 2 May 2017
    Business & Finance

    Swedish energy company Vattenfall plans to start selling renewable power for the first time to British consumers from its UK green energy business.

  • 17 October 2018
    Contracts & Tenders, Operations & Maintenance, Ports & Logistics, Vessels

    Vattenfall and North Sea Hagland Shipbrokers have signed a framework agreement for the provision of various shipbroking services for Vattenfall’s offshore wind farms.

  • 6 October 2014

    The weather is becoming increasingly important to many of Vattenfall’s operations. Managing the weather is of course impossible, but an R&D programme will aid the company to manage the impact of weather conditions. In 2011, a programme was initiated with the purpose of developing the capability to run in-house forecasts of weather and wind power […]