Search results for: raise

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A list of search results

  • 7 January 2015
    Business & Finance

    Danish wind turbine manufacturer, Vestas, has upgraded its free cash flow expectation to EUR 850 million.  According to the company, the previous expectation of  EUR 400-700 million was changed based on preliminary report. “The improvement is primarily driven by a better-than-expected development of the net working capital,” the company stated. The company will disclose the annual report […]

  • 23 April 2014
    Business & Finance

    Carnegie Wave Energy Limited (CWE) has announced the completion of an oversubscribed $9m capital raise to be used to continue the commercialisation of its CETO technology. Carnegie had previously announced on 25 February 2014 that it had initiated a capital raising via a Share Purchase Plan (SPP) of $6 million and with capacity to accept […]

  • 19 March 2014
    Business & Finance

    Perth-based company, Bombora Wavepower, has wrapped up its capital funding round, according to Hydro World. Recently, the company announced its plan to raise US$3.6 million during the capital raise. Bombora executive director Glen Ryan welcomed this announcement by saying: “It is a great achievement given the tough environment for capital raising and the political uncertainty […]

  • 4 December 2013
    Authorities

    More than 16,000 people gathered in front of the Chancellery in Berlin on November 30 to raise their voice against new German government’s apparent back-turning on renewables targets, Reuters reports. Demonstrators fear that the new government could slow down the transition to renewables with its new energy plans. When it comes to offshore wind energy […]

  • 4 September 2012
    Authorities, Environment

    Steam Packet Company has objected to proposals made by Celtic Array to build a 2.2GW Rhiannon offshore wind farm, while the Infrastructure Minister David Cretney wrote a letter to Centrica also concerned about a similar matter. The Isle of Man Today says that the Steam Packet Company objected to the proposal because it would cut […]

  • 25 March 2014
    Business & Finance, R&D, Technology

    Wave energy developer, Carnegie Wave Energy Limited (CWE), has announced a capital raising via a Share Purchase Plan (SPP) to raise up to $6 million for the CETO 6 project. The SPP will allow all eligible Carnegie shareholders to purchase between $1,500 and $15,000 worth of shares in Carnegie at 5.0 cents per share. The […]

  • 16 May 2016
    Technology

    Bilfinger Mars Offshore is installing a 120-metre-tall crane at its site in the port of Szczecin which will be used to support the fabrication of steel offshore foundations including transition pieces, jackets and monopiles, and to load them onto pontoons. The Goliath crane was built by Van Haagen Kraanbouw in the Netherlands and transported to Bilfinger’s fabrication site where the […]

  • 24 February 2011
    Environment

    The Royal Yacht Association (RYA) has written to Marine Scotland, raising a series of issues arising from the Scottish Government’s current… (forargyll) [mappress] Source: forargyll, February 24, 2011

  • 16 September 2012

    Following a public consultation regarding the proposal for Walney Extension offshore windfarm, held at the Villa Marina last week, Steam Packet Company said that DONG Energy’s information at the event were misleading. Steam Packet Company CEO Mark Woodward said: “The Dong Walney public consultation was potentially somewhat misleading to the Manx public as there appeared […]

  • 22 February 2018
    Business & Finance, Wind Farm Update

    Private markets investment manager Partners Group has raised EUR 3 billion in the latest round of project fundraising, a portion of which will go towards the 730MW Borssele III & IV offshore wind farm.

  • 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 […]

  • 25 September 2014
    Authorities, Operations & Maintenance, Technology

    According to a notice to mariners for Strangford Narrows area issued yesterday, 24th September, planned operations on the SeaGen tidal turbine system are currently being undertaken and may impact navigation. SeaGen is a tidal turbine comprising of a central pile and crossbeam that holds the turbines at the extremities. When the crossbeam is raised above […]

  • 24 April 2013

    Early this morning, a team of Bladt’s blacksmiths and engineers combined with raw crane power made use of the early sunrays to start raising the jacket foundation for the Borkum Riffgrund 1 offshore substation. Everything went as planned and the jacket and the substation will be ready for load out later this year as scheduled. […]

  • 8 October 2012
    Business & Finance

    Electranova Capital, the new energy technology fund launched by Idinvest Partners, in partnership with the global utility EDF and the support of Allianz, has invested in the Norwegian company Seatower, which develops the Cranefree technology for offshore wind foundations. Seatower’s Cranefree concept for offshore wind features a self-installing gravity foundation, designed for scalable and efficient […]

  • 12 September 2014
    Business & Finance

    Swedish offshore wind energy developer Hexicon has attracted SEK 11.4 million (EUR 1.24 million) in the form of a rights issue to existing owners. Hexicon develops floating platforms for offshore wind energy. Swedish offshore wind energy company Hexicon, which recently announced an agreement with steel maker giant SSAB to develop offshore wind power platforms at […]

  • 6 October 2011
    Authorities

      The Dutch and Danish governments have boosted their efforts to meet EU environmental targets for 2020 this week by setting new national goals for reducing emissions and replacing fossil fuels with renewable energy sources. Maxime Verhagen, Dutch minister for economic affairs, agriculture and innovation, announced yesterday that the government will cut red tape to […]

  • 4 September 2019
    Business & Finance

    German offshore wind industry associations have once again called for a special tender to be launched for the development of up to 2GW of capacity. As reported in July, BWE, BWO, Stiftung OFFSHORE-WINDENERGIE, VDMA Power Systems, and WAB are urging the government to raise the expansion targets and set up a reliable framework for the development […]

  • 24 June 2014
    Authorities, Business & Finance

    The Crown Estate has welcomed today’s announcement by the Green Investment Bank to raise a £1 billion fund to encourage new private investors to invest in offshore wind farms in the UK.  Huub den Rooijen, Head of Offshore Wind at The Crown Estate said: “The UK continues to be the most attractive place to invest […]

  • 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 […]

  • 6 June 2016
    Authorities, Business & Finance

    The minimum price target for DONG Energy’s shares which are expected to start trading on Nasdaq Copenhagen on 9 June has been raised, Reuters reported a source familiar with the matter as saying. The company’s owners have set a price range of between DKK 220 to DKK 255 per share, as opposed to initially announced […]

  • 27 November 2018
    Contracts & Tenders, Operations & Maintenance

    Towne Lifting & Testing, a member of NOF Energy, has expanded its contract scope with Siemens Gamesa after its new lifting concept used during turbine pre-assembly operations in Hull, the UK, proved successful.

  • 22 April 2015
    Business & Finance

    Rapid Holding GmbH, owned by Centerbridge Partners, plans to issue EUR 400 million in aggregate principal amount of senior secured notes to partially fund the acquisition of German wind turbine developer, Senvion. Net proceeds of the offering of the Notes, which are due in 2020, will be used together with equity contributions from Centerbridge affiliates […]

  • 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, […]

  • 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 […]

  • 4 April 2014
    Business & Finance

    Ocean Power Technologies, Inc. (OPT) intends to offer shares of its common stock in an underwritten public offering which will be subject to market and other conditions. Roth Capital Partners is acting as the sole manager for the offering. OPT will use raised funds for capital expenditures, and general business purposes, including additional development, testing and […]

  • 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 […]