Search results for: deal

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  • 12 March 2013

    A deal between Cape Wind and Middleboro-based Mass Tank is dead, reports the Associated Press. In 2010, Massachusetts Governor Deval Patrick announced that the Mass Tank would build foundations and other steel components for the Nantucket Sound wind farm comprising of 130 wind turbines. Carl Horstmann of Mass Tank commented on Cape Wind’s application for […]

  • 24 March 2015

    SAFETY seal manufacturer Roxtec has provided its waterproof sealing solution to the largest and most powerful tidal turbine in the world. Manchester based Roxtec UK managing director Graham O’Hare said the deal with Scotrenewables Tidal Power Limited (SRTP) involved Roxtec supplying the new SR2000 2MW floating turbine which is 65m long, 3m diameter and weighs […]

  • 27 January 2016
    Business & Finance

    Mercom Capital Group has released its report on funding and merger and acquisition (M&A) activity for the wind sector in 2015. According to the clean-tech research and consulting company, total global corporate funding in the wind sector, including venture capital/private equity (VC), debt financing and public market financing, raised by public companies reached $15.4 billion, compared […]

  • 9 January 2017
    Business & Finance, Grid Connection, Technology, Wind Farm Update

    Roxtec has secured a contract to deliver its safety seal solutions for the 402MW Dudgeon offshore wind farm project. Roxtec UK managing director Graham O’Hare said the firm will deliver cable transit systems to safeguard workers, structures and equipment on the wind farm’s substation platform. The deal will see a wide range of sealing solutions used […]

  • 11 April 2013

      GlobalData’s, “Global M&A and Investment Trends in Offshore Wind Energy Market – 2012 – YTD” report is an essential source of data and trend analysis on the mergers and acquisitions (M&As) and financings in the offshore wind energy industry. The report provides detailed information on M&As, equity/debt offerings, private equity, venture financing and partnership […]

  • 2 November 2015
    Business & Finance, Grid Connection, Technology

    U.S. conglomerate General Electric (GE) has completed the EUR 9.7 billion (USD 10.7bn) purchase of Alstom’s power and grid businesses, GE’s largest ever industrial acquisition, following the regulatory approval of the deal in over 20 countries and regions including the EU, U.S., China, India, Japan and Brazil.  GE reached an agreement with Alstom in April 2014 to […]

  • 11 January 2019
    Business & Finance

    Siemens Gamesa has, in a deal arranged with BBVA, converted a EUR 900 million guarantee line into a ‘green’ transaction and will use it to support its business of manufacturing and selling onshore and offshore wind turbines worldwide. Through this deal, Siemens Gamesa has also become the first company in Spain to arrange a guarantee line that […]

  • 4 October 2013
    Business & Finance

    Mainstream Renewable Power today announced the closing of the €100 million equity investment by global Japanese Trading Company Marubeni Corporation. The deal, which was announced in August, has been approved by Mainstream’s shareholders and makes Marubeni the largest institutional investor in Mainstream with a significant minority stake of approximately 25%. Commenting on the closing of […]

  • 8 March 2019
    Business & Finance

    Offshore wind will be the backbone of a carbon neutral, climate-friendly UK economy and the new Sector Deal sets out that opportunity, according to Vattenfall’s UK Country Manager Danielle Lane. Lane claims the Sector Deal underlines the importance of ensuring the UK sees the benefit of its Clean Growth Strategy in which offshore wind will play a crucial role […]

  • 17 March 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    CWind has won a contract to provide a team of technicians to support Siemens’ operations and maintenance services at offshore wind farms in Germany. The recent contract win with Siemens further expands the company’s growth in the O&M phase, starting with service provision at the 288MW Meerwind offshore wind farm in the North Sea. CWind […]

  • 23 November 2014
    Authorities, Business & Finance

    A £190 million funding package that will provide a major boost to the Tees Valley economy by creating up to 1,000 jobs, building up to 1,500 homes and strengthening transport links for local businesses was officially signed by UK Local Growth Minister Penny Mordaunt on November 20. The Tees Valley Growth Deal is part of […]

  • 24 November 2015

    Scottish First Minister Nicola Sturgeon has confirmed the first £30 million of investment in a transformative £1.13 billion city and region deal. More than £14 million is earmarked for a planned expansion of the quayside and construction of a visitor facility by Inverclyde Council and terminal owners Peel Ports. As part of the city deal, […]

  • 12 January 2012
    Business & Finance

      Mercom Capital Group, llc, a global clean energy communications and consulting firm, yesterday released its annual and fourth quarter funding and merger & acquisition (M&A) activity report for the wind sector in 2011. In 2011, venture capital (VC) funding for wind energy continued to increase past previous years, totaling $369 million in 14 deals, […]

  • 8 March 2019
    Business & Finance

    North East England’s supply chain is “fit and ready” to support the growth of offshore wind that the new UK Sector Deal will bring, according to Energi Coast. Energi Coast Chairman and Tekmar Group CEO, James Ritchie, stated that the Sector Deal is a significant step forward in creating a sustainable industry and providing real value creation […]

  • 15 May 2015
    Business & Finance

    The Gemini offshore wind project transaction has been awarded “Wind Deal of the Year 2015” by Environmental Finance (EF).   “It was big, it was bold, and it broke new ground in the way it was financed,” EF said when it revealed the winners of its 8th Annual Deals of the Year Awards in April. A total […]

  • 6 March 2019
    Business & Finance

    The UK’s new Offshore Wind Sector Deal will be issued on Thursday, 7 March, the Department for Business, Energy & Industrial Strategy said. As reported earlier, the new Sector Deal has established a target of reaching the connected offshore wind capacity of 30GW and delivering one-third of the UK’s electricity by 2030. Through a new skills […]

  • 20 May 2016
    Business & Finance, Wind Farm Update

    DONG Energy has taken over more than 1,000MW development project rights off the coast of New Jersey from RES Americas Developments Inc (RES). The companies finalised the deal during Bureau of Ocean Energy Management (BOEM) New Jersey Renewable Energy Task Force Meeting held in Trenton on 19 May. The New Jersey lease area, which was […]

  • 5 June 2015

    The UK Energy and Climate Change Secretary Amber Rudd today chose to mark World Environment Day by visiting the Thames Barrier, where she commented on today’s announcement on ScottishPower Renewables and Siemens’ deal for East Anglia ONE. Commenting on the deal, Amber Rudd said: “This massive financial investment is great news for East Anglia and for Hull, […]

  • 7 March 2019
    Authorities, Business & Finance, Jobs & Recruitment

    The UK has launched the new joint government-industry Offshore Wind Sector Deal which will see offshore wind reach the connected capacity of 30GW and deliver one-third of the UK’s electricity by 2030. Under the new deal, the number of jobs in the industry is expected to rise to 27,000 by 2030, up from 7,200 today. The deal […]

  • 13 March 2013
    Business & Finance

    RBS has earned double success as provider of finance for renewable energy projects in the UK and US, firmly establishing its position as a leading provider of products and services to the green energy industry. In the UK RBS has taken first position in the Infrastructure Journal’s league table of UK renewables project finance for […]

  • 18 April 2012
    Business & Finance

    Mercom Capital Group, llc, a global clean energy communications and consulting firm, today released its report on funding and merger and acquisition (M&A) activity for the wind energy sector for the first quarter of 2012. Venture capital (VC) funding in the first quarter came in strong with $240 million going into a record number of […]

  • 9 October 2011

    The Dutch government and the Netherlands Wind Energy Association (NWEA) have jointly signed a Green Deal on offshore wind energy. For further development of wind energy in the North Sea a substantial reduction of the cost is required, increasing to 40% in 2020. Innovation and policy adjustments form an essential part. The Green Deal incorporates […]

  • 28 July 2015
    Authorities, Business & Finance

    Since the Extraordinary General meeting held on 19 December 2014 which approved the acquisition by General Electric of Alstom’s Energy businesses, both companies have been working with regulators around the world to secure competition and regulatory authorisations. Approvals have already been granted in 15 countries. The European Commission has been looking at the impact of […]

  • 23 April 2014

    Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the wind sector during the first quarter of 2014. Wind venture capital (VC) funding fell to $32 million compared to $93 million in Q4 2013. Total funding in the wind sector […]

  • 4 March 2020
    Jobs & Recruitment

    The UK offshore wind industry has pledged to employ at least 3,000 apprentices between now and the end of the decade, the Offshore Wind Industry Council (OWIC) said. They will work in a wide variety of jobs from turbine technicians and maintenance engineers to roles in management and finance, OWIC said. The sector also aims […]

  • 24 October 2013

    Reportstack, provider of premium market research reports announces the addition of Carnegie Wave Energy Limited (CWE) – Alternative Energy – Deals and Alliances Profile market report to its offering. Carnegie Wave Energy Limited is engaged in producing wave technology(CETO). the company is focused on developing and commercializing its CETO wave energy technology that is used […]