Search results for: financing

10942 results

A list of search results

  • 12 July 2018
    Business & Finance, Wind Farm Update

    Merkur Offshore GmbH has completed a EUR 1.5 billion senior debt restructuring for the 396MW Merkur offshore wind farm project.

  • 3 February 2016
    Business & Finance

    Galloper Wind Farm Ltd, a joint partnership between RWE Innogy, UK Green Investment Bank (GIB), Siemens Financial Services and Macquarie Capital, has received double recognition from industry analysts following the high profile project partnership and finance deals closed late in 2015.   Galloper has been named as European Power Deal of the Year in Project Finance […]

  • 23 July 2014

    On May 14, 2014 the Dutch Gemini project reached financial close. After days and nights of intensive talks, serious negotiations and meticulously reviewing all contracts, all parties reached an agreement. All the ends were tied together, and everyone looked with satisfaction into a large room that was literally stuffed with contracts. Agreements, which made it […]

  • 22 February 2016
    Business & Finance

    Senvion Group is planning a listing of its shares on the Frankfurt Stock Exchange during the first half of 2016 to improve the company’s visibility as it moves into new markets, the German offshore and onshore wind turbine maker said in a statement today. The listing of the company’s shares on the regulated market segment (Prime […]

  • 26 January 2016

    “It is almost like winning the lottery,” Meewind Director Willem Smelik says when reflecting on how a group of small investors have managed to participate in three major offshore wind farm projects. “We are now investing in a third wind farm ‘Nobelwind’ and raising funding of €25 million a year!” Meewind is an umbrella investment […]

  • 20 March 2013
    Business & Finance

    Completing a financing milestone, Cape Wind has signed a term sheet to engage The Bank of Tokyo-Mitsubishi UFJ (BTMU) as its Coordinating Lead Arranger of the commercial bank portion of the total debt financing for the 468-megawatt offshore wind farm. The announcement finalizing this selection follows remarks by Cape Wind President Jim Gordon at a […]

  • 15 January 2019
    Business & Finance

    Sixteen European companies have launched a corporate forum with an aim to push forward the development of sustainable finance. The Corporate Forum on Sustainable Finance gathers Green Issuers committed to upholding and developing sustainable finance as a critical tool to fight climate change and foster a more sustainable and responsible society. The founding companies include EDF, […]

  • 17 April 2013
    Business & Finance

    German government-owned development bank, KfW group is considering increasing its presence in the shipping industry, writes Reuters. This announcement follows a previous withdrawal from the shipping business by a number of banks including Commerzbank, Lloyds and UniCredit. KfW doesn’t plan to acquire shipping loan portfolios from other companies but to finance ships for offshore wind […]

  • 31 August 2015
    Business & Finance

    The Guarantor DBB Jack-Up Services A/S has obtained subordinated loans of DKK 25.0m and increased its overdraft credit facility by DKK 20.0m. Also, in agreement with existing financiers, the company has postponed instalments on loans by another DKK 9.2m. According to the company the demand for offshore major component replacements is expected to increase strongly […]

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

    Taiwan-based offshore wind developer Swancor Holding plans to secure the funds necessary for the full development of the Formosa I offshore wind projects through financing deals with banks in the second quarter of 2018, according to local media.

  • 2 February 2015
    Business & Finance

    The Offshore Renewable Energy (ORE) Catapult has welcomed Andrew Walls C.A to its senior management team as Finance Director. Walls trained with the global firm PricewaterhouseCoopers, working with both private and public sectors delivering audit, financial diligence and consultancy assignments for the firm in the UK and abroad. He then joined the London and Edinburgh-based […]

  • 31 August 2015
    Business & Finance

    Germany’s energy company is planning to close a financial deal for its GBP 1.3 billion Galloper offshore wind project by “either October or November,” said Hans Buenting, RWE Innogy’s chief executive. According to the Reuters, RWE is close to making a deal with three partners which would leave it with 25% stake in the project. […]

  • 24 February 2020
    Business & Finance

    Watson Farley & Williams (WFW) has advised on the project financing of the Changfang and Xidao offshore wind projects in Taiwan.

  • 11 October 2013

    Subsea specialist ROVOP has appointed a finance director to further strengthen the company’s position for future growth. Alan Shanks takes up the post and also joins ROVOP’s Board of directors, bringing extensive experience in successfully facilitating and managing strategic business expansion from a financial perspective. Previously financial director for subsea oil and gas group, Harkand […]

  • 13 July 2020
    Business & Finance

    Offshore wind financings in the first six months of 2020 totaled USD 35 billion, up by a record 319% year-on-year, according to BloombergNEF (BNEF). The BNEF data shows that offshore wind had by far its busiest half-year ever for final investment decisions, well above 2019’s record full-year figure, a revised USD 31.9 billion. The first […]

  • 24 September 2018
    Business & Finance

    Danish offshore wind operations & maintenance services provider ZITON A/S has raised EUR 100 million in a senior secured bond and EUR 25 million in a second secured bond.

  • 13 December 2018
    Business & Finance

    Ørsted has appointed the Bank of Taiwan, Cathay United Bank and BNP Paribas as lead arrangers for financing the Greater Changhua offshore wind projects in Taiwan.

  • 16 April 2014
    Business & Finance

    International renewable energy consultancy Natural Power has announced new appointments within its senior management team including Richard Walls as Commercial Director, and Richard Nash as Finance Director. Current Director of Ecology & Hydrology, Richard Walls steps up to help deliver the global commercial goals of Natural Power having developed one of the largest in house […]

  • 25 June 2020
    Business & Finance, Wind Farm Update

    Spain’s Cobra Instalaciones y Servicios has secured a GBP 380 million green loan financing for the construction of the Kincardine floating wind farm offshore Scotland. The project comprises the construction of a 50 MW wind farm some 15 kilometres south-east of Aberdeen. Kincardine will consist of six turbines, one 2 MW which was commissioned back […]

  • 6 August 2020
    Business & Finance, Wind Farm Update

    The European Investment Bank (EIB) has approved a EUR 500 million financing for the Borssele 1 & 2 offshore wind project in the Netherlands. At the beginning of the year, Ørsted applied for a loan with the EIB which will finance the construction and the operation of the 752 MW wind farm. The estimated value […]

  • 15 February 2013
    Business & Finance

    International law firm Norton Rose recently hosted a round table discussion in Amsterdam together with Rabobank and PwC, led by energy partner Weero Koster. The reason for this event was the ‘Government Accord’, announced by the Dutch newly elected government. The round table was attended by a great number of parties involved in the Dutch […]

  • 17 November 2016
    Business & Finance, Ports & Logistics

    Port of Blyth has appointed Oran Robson as the new Finance Director, who will help oversee the next phase in the organisation’s growth. Robson has joined the Port following sixteen years as the Finance Director and Company Secretary at Canford Group PLC, the Washington-based communications equipment suppliers. Martin Lawlor, Chief Executive of the Port of […]

  • 19 June 2019
    Business & Finance

    Law firm White & Case LLP has advised the export credit agencies (ECAs) and the syndicate of commercial banks on the financing of the Yunlin offshore wind project in Taiwan. A financing group comprising 19 banks and three ECAs from Denmark (EKF), Germany (Euler Hermes) and the Netherlands (Atradius) closed the EUR 2.7 billion (NTD […]

  • 15 May 2014
    Business & Finance, Wind Farm Update

    More than 22 parties, including 12 commercial creditors, 4 public financial institutions, 1 pension fund together with Northland Power Inc. as subordinated debt lenders and the 4 members of the equity consortium were involved in the signing of the financing contracts for the Gemini offshore wind farm. Some 70 percent of this budget will be […]

  • 16 March 2012

    The Taskforce, chaired by Tim Breedon, CEO of Legal & General plc, was commissioned by the Government to examine a range of alternative and sustainable finance sources, particularly for small and medium-sized enterprises (SMEs). Bank lending is by far the largest source of external finance currently used by businesses, but the Taskforce believes there is […]

  • 16 October 2018

    Building offshore wind parks without subsidy has hailed a new phase in the development of offshore wind. Next to that, the LCOE of offshore wind has dropped dramatically in the last ten years.