DONG Energy will build a new operations and maintenance (O&M) facility in Kings Wharf, Seacombe, Merseyside, to serve the existing 90MW Burbo Bank offshore wind farm and the new 258MW Burbo Bank Extension offshore wind farm, currently under construction. The facility will consist of a new office and
Austria-based lifting solutions provider Palfinger AG intends to make a takeover bid for all of the shares in Norwegian Bergen-headquartered TTS Group ASA via its subsidiary Palfinger Marine GmbH. For every share traded on the Oslo Stock Exchange, a cash amount of NOK 5.60 would be offered, Palfinge
The Netherlands Oil and Gas Exploration and Production Association (NOGEPA), the Netherlands Wind Energy Association (NWEA), the Dutch Foundation for Nature Conservation and Environmental Protection, TenneT and the Netherlands Organisation for Applied Scientific Research (TNO) have signed a Declarat
Morgan Stanley & Co International plc. has, in its capacity as stabilising manager in the initial public offering (IPO) and listing of DONG Energy A/S, exercised the overallotment option on behalf of the managers to purchase all of the additional shares at the offer price of DKK 235 (EUR 31.6) per s
The Scottish Government has awarded GBP 1.5 million (approx. EUR 2 million) of funding to the Carbon Trust to support its Offshore Wind Accelerator (OWA) research and design programme. The Carbon Trust will fund projects in regard to floating offshore wind technology in Scotland, international colla
The European Commission has approved under the EU Merger Regulation the acquisition of VolkerWessels Offshore by Boskalis. The EC concluded that the proposed acquisition would raise no competition concerns, because it would not significantly change the market structure. The operation was examined un
Germany’s 8.2 Consulting AG has supported Quadran – Énergies Libres in the planned floating offshore pilot wind farm off the coast of the French region Languedoc-Roussillon by defining the Quality, Health, Safety and Environmental (QHSE) concept for the tendering phase. As the step from fixed offsho
General Electric (GE) has entered into talks with Areva, Gamesa, Siemens and the French state to discuss the potential acquisition of Adwen, a 50 – 50 offshore wind joint venture between Areva and Gamesa, Jeff Immelt, GE’s CEO, told French daily Le Figaro. GE took over Alstom’s power and grid busine
The US Bureau of Ocean Energy Management (BOEM) is holding public meetings and an auction seminar on New York’s offshore wind energy this month. BOEM released an Environmental Assessment (EA) for commercial wind lease issuance, site characterization activities, and site assessment activities on the
Wind turbine makers are set to benefit from the Paris Climate Agreement (COP21) as the call for increased investments to meet a targeted reduction in CO2 emissions is expected to positively impact their sales figures, according to Moody’s Investors Service. The increased investment, particularly in
DONG Energy’s admittance to trading and official listing of its shares on Nasdaq Copenhagen has today become unconditional after the selling shareholders and underwriters invoked no termination or withdrawal rights pertaining to the Initial Public Offering launched on 9 June. Accordingly, the IPO ha
This year’s WindEurope Summit held in Hamburg from 27 to 29 September will be opened by high-level politicians and business leaders who will discuss the opportunities and obstacles the wind energy industry will face in times of changing policy frameworks. At a time of changing policy frameworks, the
NDE Offshore AB has recently been awarded a contract by Siemens to conduct periodic inspections of the helidecks on three offshore HVDC platforms in the North Sea. The grid connections are owned by German-Dutch transmission grid operator TenneT. Already completed is the Helwin1 platform, where inspe
Swedish state-owned power company Vattenfall is hesitant to start any wind projects offshore Sweden due to the country’s incentive scheme being technology-neutral, Peter Tornberg, Vice President of Business Area Wind at Vattenfall, said. During the coming years, Vattenfall plans to invest around SEK
