Search results for: million

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  • 28 September 2015

    Marine energy company Minesto, recently given a €13 million investment from the European Regional Development Fund through the Welsh Government, has announced that it received an additional €3.5 million from KIC InnoEnergy. The funding is part of the overall development of the company. The collaboration was initiated in 2014 and has led to the largest single investment […]

  • 8 March 2011

    The wind turbine manufacturer Wind-Weser Bremerhaven is building 40 wind turbine foundations for offshore wind farm Global Tech I.   [mappress]   Source: radiobremen, March 08, 2011  

  • 10 April 2014

    Marine Current Turbines (MCT) hosted a visit by Edward Davey, UK Secretary of State for Energy and Climate Change to celebrate its success in receiving funding from the Regional Growth Fund (RGF) for research and development into innovative tidal technology. Mr Davey was in Bristol to announce the next round of RGF funding, which will provide a £18 million […]

  • 28 January 2014
    Business & Finance

    Singaporean tidal energy firm, Atlantis Resources is looking to cash in GBP 20 million on the London stock exchange, writes Green Wise news site. This would raise the total value of the company to GBP 80 million. The company recently appointed John Neill CBE as Non-Executive Chairman, on which occasion Tim Cornelius, CEO of Atlantis […]

  • 18 April 2019
    Business & Finance

    German wind turbine manufacturer Senvion, its lenders, and main bond holders have signed a binding loan agreement, setting forth terms for a EUR 100 million debtor-in-possession (DIP) facility. According to Senvion, the DIP facility enables the company to continue its business operations following last week’s self-administration filing. The loan has received Board approvals and allows substantial […]

  • 21 May 2014
    Business & Finance

    A Wirral specialist in seabed mapping and coastal surveys has clinched a finance package worth almost £5m to help it expand its services and take on additional staff. Osiris Hydrographic and Geophysical Projects, which is owned by Liverpool-headquartered conglomerate Bibby Line Group, has received £4.8m from Santander Corporate & Commercial. The business was founded in […]

  • 22 March 2016
    Operations & Maintenance, Technology

    A Remotely Operated Aerial Vehicle (ROAV) inspection and survey company, Cyberhawk, is targeting expansion following an agreement on a new £2 million funding package from Clydesdale and Yorkshire Banks’ Growth Finance team. Cyberhawk said the funding will enable it to accelerate growth, create jobs, develop its products and services and expand its global footprint, ensuring […]

  • 24 February 2014
    Business & Finance, R&D

    IBERDROLA invested €145 million in the field of Research and Development (R&D) in 2013, a 10% increase on the previous financial year. Most of the investment went to offshore wind power project, smart grids, clean generation and new technologies and business models. Thanks to this unwavering commitment to remaining at the forefront, the company has […]

  • 25 November 2015
    Business & Finance

    Carnegie Wave Energy Limited (CWE) has completed an oversubscribed AUD 7.5 million capital raise to continue the commercialisation of its CETO technology. Carnegie announced on 3 November that it had initiated a capital raising of AUD 5 million via a Share Purchase Plan with capacity to accept oversubscriptions. In accordance with the offer documents and in […]

  • 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 […]

  • 7 January 2015

    Ampelmann is celebrating another significant achievement in the operation of their systems: one million safe transfers. The milestone was reached within 6 years after the start of Ampelmann Operations B.V. and reasserts their slogan: making offshore access as easy as crossing the street. The first transfer with an Ampelmann system was done in 2007 in […]

  • 30 December 2011
    Business & Finance

    Wave energy developer Carnegie Wave Energy Limited announced that its Share Purchase Plan has closed oversubscribed and raised $6 million. Carnegie had previously announced on 1 December 2011 that it had initiated a capital raising via a Share Purchase Plan (“SPP”) of $4 million with capacity for a further $2 million in oversubscriptions. In accordance […]

  • 15 October 2015
    Authorities, R&D

    Irish Minister for Communications, Energy & Natural Resources, Alex White T.D., announced details of his Department’s 2016 budget on Tuesday. A total of EUR 195 million will be provided in 2016 to support programmes in communications, energy, broadcasting and natural resources. Minister White emphasised that he had secured an increase in funding, enabling his Department […]

  • 31 March 2014
    Authorities, Business & Finance

    Wave energy developer Carnegie Wave Energy Limited  announced the completion of the final foundation milestone and a progress milestone for the onshore plant component of the Perth Wave Energy Project with the receipt of $ 0.7 million from the Western Australian State Government and $ 1,2 million in payment claims submitted to the Australian Government. Carnegie received […]

  • 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.

  • 23 January 2014
    Grid Connection

    ABB said its fourth-quarter 2013 results were adversely impacted mainly by charges for storm-related project delays and some operational issues in the Power Systems (PS) division. Additional restructuring-related charges were taken in response to the division’s soft order intake in 2013. The company also booked non-operational charges related to certain Group legacy issues. “While the […]

  • 18 December 2018
    Business & Finance, Wind Farm Update

    The Japan-based Nippon Life Insurance has executed a GBP 200 million syndicated loan for the Race Bank offshore wind project in the UK.

  • 20 July 2012
    Business & Finance

    As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership of their most important investments, the ownership structure entails full consolidation for […]

  • 3 February 2011

    · Department of the Interior to issue wind and wildlife guidelines imminently   · Congressional hearing requested by conservationists     By Ted Williams (flyrodreel) [mappress] Source: flyrodreel, February 03, 2011

  • 11 March 2016
    Business & Finance

    Caisse de dépôt et placement du Québec (CDPQ), a shareholder of the London Array offshore wind farm, will invest USD 150 million in renewable energy in India. The Canadian institutional fund manager also established its Indian office in New Delhi, and appointed Anita Marangoly George as Managing Director, South Asia, with the objective of finding the best investment opportunities across all […]

  • 21 July 2010

    An analyst hired by the state Economic Development Corporation estimates that the direct economic benefits for Rhode Island of a small… By Alex Kuffner (projo) [mappress] Source: projo, July 21, 2010;

  • 4 November 2011
    Business & Finance

    luor Corporationannounced financial results for its third quarter ended September 30, 2011. Net earnings attributable to Fluor for the third quarter were $135 million, or $0.78 per diluted share, compared with a loss of $54 million, or $0.30 per diluted share a year ago. Segment profit for the third quarter of 2011 was $236 million, […]

  • 2 August 2013
    Business & Finance, Grid Connection

    The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first half of 2013.  “The Group’s half-year results show signs of improvement from the second quarter. In fact, in the second quarter 2013 both sales and profitability increased on the first quarter 2013, while still remaining below the same period […]

  • 28 February 2012

    The Scottish port of Leith and the English town of Hartlepool are vying for a $237 million investment from Spanish wind-turbine manufacturer Gamesa, which plans to build a turbine and blades plant in the U.K. to be operational by 2014. Scotland and England are competing to create a hub for the country’s $52 billion offshore […]

  • 11 October 2016
    Business & Finance, Grid Connection

    Transmission systems operator TenneT Holding B.V. has issued a new, EUR 500 million Green Bond, bringing its total long-term debt in green format to EUR 3 billion. TenneT launched and priced the 17-year Green Bond issue with a coupon of 1.25% with the support of three banks, Lloyds Bank, Rabobank and Royal Bank of Scotland. The company […]

  • 28 August 2012
    Business & Finance

    MeyGen is today announcing its entry into the Saltire Prize and welcomes the opportunity to challenge for this significant accolade. Meygen’s entry coincides with the launch of the Saltire Prize Grand Challenge Period, which is being formally announced today in Orkney by Scotland’s First Minister, Alex Salmond. The MeyGen project is the largest tidal energy […]