Ireland-based Greencoat Renewables has signed an agreement to acquire an additional 22.5 per cent stake in the 288 MW Butendiek offshore wind farm in Germany from an affiliate of Siemens Pension Trust. The transaction, expected to be completed in November, is valued at around EUR 168 million. Greenc
Corio Generation and TotalEnergies, through the Attentive Energy joint venture company in the US, have submitted a proposal in response to the New Jersey Board of Public Utilities’ third offshore wind solicitation. The joint venture announced the bid for the 1,342 MW Attentive Energy Two project on
Avangrid, a member of the Iberdrola Group, and the Connecticut Electric Distribution Companies have agreed to terminate power purchase agreements (PPAs) for the Park City Wind offshore project. The developer said it plans to rebid the 804 MW Park City Wind in the upcoming auctions. ”One year ago, Av
Ocean Winds, a 50-50 joint venture by EDP Renewables and ENGIE, has sold 16.6 per cent of its majority stake in the Moray East offshore wind farm to Equitix. According to Ocean Winds, the sale will support the company’s investments in its additional 5 GW of offshore wind projects in Scotland. Follow
India’s largest oil and gas exploration and production company, Oil and Natural Gas Corporation (ONGC), and NTPC Green Energy Limited (NGEL), a fully owned subsidiary of India’s largest utility company NTPC, have signed a memorandum of understanding (MOU) to collaborate on offshore wind, clean fuel
Vestas has received a firm order for 76 of its 15 MW wind turbines for the Baltic Power offshore wind farm in Poland from the project’s developer, a joint venture between Orlen and Northland Power. Vestas signed a conditional agreement for the 1,140 MW project last month and announced the receipt of
The 1 GW Hai Long offshore wind project in Taiwan, being developed jointly by Northland Power and Mitsui & Co., has reached financial close for its 20-year TWD 117 billion (about EUR 3.4 billion) non-recourse green financing. According to Northland Power, the TWD 117 billion debt amount at closing c
London-based international investor and manager, John Laing Group, has acquired a stake in the transmission assets for the 1.3 GW Hornsea Two offshore wind farm in the UK, as part of a portfolio acquisition from HICL Infrastructure. John Laing Group has agreed to acquire HICL Infrastructure’s entire
RWE has finalised its investment decision for a battery storage project in the Netherlands that will optimise the OranjeWind offshore wind farm’s integration into the Dutch energy system. The company plans to invest approximately EUR 24 million into the project. The system, which will have an instal
Canada’s Northland Power and Mitsui & Co., part of Japan’s Mitsui Group, have made a Final Investment Decision (FID) for the 1,044 MW Hai Long offshore wind project in Taiwan. The FID is subject to various conditions precedent and project finance contracts expected to come into force within this yea
The 1.1 GW Baltic Power offshore wind project in Poland, being developed jointly by the Polish energy company Orlen and Canadian Northland Power, has reached financial close for its 20-year CAD 5.2 billion (around EUR 3.6 billion) non-recourse green financing. The project’s total capital costs are s
Hai Long Offshore Wind Project, a joint venture between Northland Power and Mitsui & Co., has signed a credit agreement to secure TWD 118 billion (approximately EUR 3.4 billion) long-term over 20-year non-recourse financing for the 1 GW offshore wind farm in Taiwan. The non-recourse project financin
Geoquip Marine has secured a contract to gather engineering data to support a proposed floating offshore wind project in Scotland that is being developed by ScottishPower and Shell. To support the MarramWind project, Geoquip Marine is set to perform a complete geotechnical investigation to gather so
