Search results for: sell

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  • 24 October 2014
    Business & Finance

    Intervale Capital  has signed a definitive agreement to sell Proserv Group Inc. to Riverstone Holdings LLC (“Riverstone”), an energy and power-focused private equity firm with over $27 billion of committed capital. As part of the transaction, Riverstone Global Energy and Power Fund V, L.P., in partnership with Proserv management, will acquire 100% of the shares […]

  • 5 February 2020
    Business & Finance

    Siemens AG is acquiring all Iberdrola’s shares in Siemens Gamesa Renewable Energy (SGRE).

  • 16 March 2012
    Business & Finance

    In a meeting with investors and analysts, United Technologies Corp. updated its financing plan for the proposed $16.5 billion cash acquisition of Goodrich Corp., including expected proceeds of approximately $3 billion from net divestitures and $1.5 billion from mandatory convertible instruments. UTC businesses identified for sale include Pratt & Whitney Rocketdyne, Clipper Windpower and the […]

  • 29 April 2015
    Authorities, Business & Finance

    Dong Energy has denied recent suggestions of selling its offshore wind turbine division prior to an initial public offering. “It has been important for us to maintain our wind strategy,” said Chief Financial Officer Marianne Wiinholt. According to Bloomberg, Dong had plans to spin off the wind unit which later came to be unnecessary as […]

  • 19 November 2012
    Business & Finance

    The world’s largest wind turbine maker, Vestas, plans to sell shares to boost its finances. Daniel Patterson, an SEB analyst, said to Bloomberg: “The cash flow guidance is a mess.” Earlier this year, Vestas announced that they will reduce their workforce to about 16,000 from 22,721 as a measure of cutting costs. The wind energy […]

  • 21 May 2012
    Business & Finance

    Since March 1, Suzlon Energy Ltd. rose 6.7 percent in Mumbai trading on its path to raise USD 800 million and thus avoid selling of its Repower Systems AG. As the Bloomberg reports, the company plans to gain the whole amount this year through loans and a bond sale.  Recently, 20 banks agreed to extend […]

  • 22 September 2011
    Business & Finance

    If there is one sector in clean energy that can be fairly confident of achieving tenfold, or more, growth over the next decade, it must be…   (climatespectator) [mappress] Source: climatespectator, September 22, 2011

  • 26 April 2018
    Business & Finance

    Van Oord has sold its 10% stake in the 600MW Gemini offshore wind farm to the ALTE LEIPZIGER-HALLESCHE insurance group.

  • 17 August 2010
    Business & Finance

    Troubled turbine manufacturer Suzlon is planning to raise funds by selling a 25% stake in German subsidiary Repower, according to reports.   (windpowermonthly) [mappress] Source: windpowermonthly, August 17, 2010;

  • 13 September 2011

    Bard Holding GmbH, the German offshore wind developer that put itself up for sale, hired JPMorgan Chase & Co. (JPM)’s investment banking…   By Sally Bakewell (bloomberg) [mappress] Source: bloomberg, September 13, 2011

  • 6 May 2011
    Business & Finance, Grid Connection

    Dutch national electricity grid company Tennet is considering selling more of its investment in Germany than originally planned, the…   (dutchnews) [mappress] Source: dutchnews, May 06, 2011;

  • 25 February 2016
    Business & Finance, Wind Farm Update

    Repsol will sell its offshore wind power business in the United Kingdom to China’s SDIC Power for EUR 238 million, the company reported this morning. The sale includes the Inch Cape project (100%) and Repsol’s share in the Beatrice project (25%), both of which are located on the east coast of Scotland. The company said the […]

  • 1 April 2015

    GS Infrastructure Partners (“GSIP”) and Infracapital announce the signing of an agreement for the sale of their combined 33.33% stake in Associated British Ports (“ABP”). A consortium comprising Canada Pension Plan Investment Board (“CPPIB”) and Hermes Infrastructure has agreed to acquire a stake in ABP from GSIP and Infracapital of at least 30%, and may acquire a further […]

  • 29 May 2014
    Business & Finance

    Following The Crown Estate’s announcement of a competition for the offshore land rights of the Blyth Offshore Demonstrator project, the Offshore Renewable Energy (ORE) Catapult will in parallel shortly be launching a process for the sale of the remaining complementary assets, comprising primarily the grid connection, associated onshore land rights and wind data. ORE Catapult […]

  • 8 February 2018
    Business & Finance, Vessels

    C-bed Floating Hotels has sold the oldest floatel in its fleet, the Wind Solution, to an undisclosed buyer.

  • 27 February 2017
    Business & Finance, Vessels

    Eidesvik Offshore has entered into an agreement for the sale of its vessel Viking Poseidon with a buyer which the company left unnamed.

  • 19 September 2018
    Business & Finance, Wind Farm Update

    Ørsted has signed an agreement to sell 50% of its 1.2GW Hornsea Project One offshore wind farm to Global Infrastructure Partners (GIP).

  • 8 July 2015
    Business & Finance

    Mabey Bridge has proposed closure of its Renewables division in Chepstow, Monmouthshire, after failing to sell it since December 2014. “Following contact with over 50 companies from the UK and abroad, receiving expressions of interest from a number of them, we have been in exclusive discussions with one organisation for the last 3 months. However, […]

  • 12 November 2013
    Business & Finance

    German construction group Hochtief is very likely to sell its offshore division, according to German newspaper Wirtschaftswoche and the Handelsblatt. Company’s spokesman did not confirm this, explaining that their final decision is conditioned by political developments. This probably means that the decision depends on the ongoing coalition talks between the CDU / CSU (Christian Democratic […]

  • 16 November 2018
    Business & Finance, Wind Farm Update

    EDP Renováveis has, through its subsidiary EDPR UK Limited, closed the sale of a 13.4% stake in equity shareholding and outstanding shareholder loans on Moray Offshore Windfarm (East) Limited to Diamond Generating Europe Limited.

  • 24 June 2010
    Business & Finance

    DONG Energy has signed an agreement to sell its ownership interests in Nordkraft and Salten Kraftsamband, two energy companies based in northern Norway, to a company in the Troms Kraft Group. The selling price of Nordkraft is approx. DKK 1.1 billion (approx. NOK 1.2 billion) while the selling price of Salten Kraftsamband is approx. DKK […]

  • 5 July 2011

      Prices have been set to encourage community-based, independent power producers to sell renewable energy to Nova Scotia Power.   (cbc) [mappress] Source: cbc, July 05, 2011;

  • 10 September 2013
    Grid Connection

    London Array, a joint venture owned by DONG Energy (50%), E.ON (30%) and Masdar (20%), announced that it has signed an agreement for the sale of transmission assets at the world’s largest offshore wind farm to Blue Transmission London Array Limited. The divestment takes place pursuant to the Offshore Transmission Owner (OFTO) regime. Following a […]

  • 23 April 2015
    Business & Finance

    Asset consultants at Lambert Smith Hampton (LSH), have been appointed to sell a major subsea asset formerly operated by Reef Subsea UK Ltd, currently in administration. An SMD Heavy Duty Inter Array Flexibles Plough, that has a multi-depth capacity of up to 2.4 metres burial, can handle power cables and flexibles up to 200mm diameter, was delivered in […]

  • 1 November 2017
    Business & Finance, Wind Farm Update

    Ørsted, the former DONG Energy, has signed an agreement to sell 50% of Walney Extension, a 659 MW UK offshore wind farm project to a consortium consisting of PKA and PFA, two Danish pension funds.