Compagnie Maritime Belge (CMB) has completed the acquisition of Windcat Workboats Holdings Limited and its crew transfer vessel business from SEACOR Marine. As consideration for the sale, CMB paid SEACOR Marine GBP 32.8 million (EUR 36.9 million) in cash, and assumed all of the approximately GBP 20.
Cloudberry Clean Energy and Downing LLP have signed the share purchase agreement (SPA) for the construction and ownership of a 100 MW nearshore, shallow-water wind farm in Lake Vänern in southern Sweden. In September 2020, Cloudberry acquired Scanvind2 AS, the holding company of the Rewind Vänern of
Copenhagen Infrastructure Partners (CIP) is selling its 35 per cent stake in the 588 MW Beatrice offshore wind farm to The Renewables Infrastructure Group (TRIG) and funds managed by Equitix Investment Management Limited. TRIG has exchanged contracts with CIP to acquire an equity interest of 17.5 pe
Danish wind turbine manufacturer Vestas plans to lay off around 220 people in the process of integrating its offshore and onshore wind organisations. Vestas has recently acquired MHI Vestas Offshore Wind, and following the closing of the agreement with MHI, the company has begun the integration of V
Seagreen 1A Ltd. is seeking feedback on the onshore and offshore grid connection proposals related to the remaining 36 turbines to be installed at the Seagreen offshore wind project. The company is undertaking pre-application consultation ahead of potentially submitting applications to East Lothian
The UAE-based Lamprell is setting up a new business unit dedicated to the renewable energy sector as part of its wider strategic reorganization. Lamprell stated that this comes as part of the group’s goal to increase its focus on renewables and the energy transition. The Renewables unit will explore
Aberdeen-headquartered engineering and technology consultants, Apollo, has been granted Fit for Offshore Renewables (F4OR) status under the F4OR Programme run by the Offshore Renewable Energy (ORE) Catapult and the Nuclear Advanced Manufacturing Research Centre. Apollo’s Renewable and Offshore Direc
Norway-headquartered OHT is launching a new office in Denmark as the base for its operational and commercial activity for offshore wind turbine installation. The new office will be located in Vejle and is expected to be ready from 1 May. OHT Renewables DK will be headed by Tony Millward, who previou
Siemens Gamesa and Siemens Energy are joining forces to develop a solution that fully integrates an electrolyzer into an offshore wind turbine as a single synchronized system to directly produce green hydrogen. Siemens Gamesa will adapt its development of SG 14-222 DD – the world’s most powerful off
The parent company of SAL Heavy Lift, Harren & Partner Group, has added the Wind Lift I jack-up vessel to its fleet and launched SAL Renewables, a specialised company that will operate in the offshore wind sector. SAL Renewables is entering the market as a supplier of specialised vessels as well as
World’s leading offshore wind developer Ørsted expects an operating profit (EBITDA) of DKK 18 billion (EUR 2.42 billion) for 2020, which is above the latest guidance of DKK 16-17 billion. The increase in earnings is primarily of a temporary nature, Ørsted said. However, the company has also seen str
Offshore Wind Consultants has appointed Tom Whittle to the newly created role of Asia Pacific regional director. Whittle, previously OWC’s country manager in Taiwan, has worked as a project director, project manager and package manager on a number of offshore wind projects in the UK, Europe and Asia
US offshore wind developer Mayflower Wind said that the price of electricity generated at its 804 MW wind farm offshore Massachusetts is on track to go down by around 10 per cent. This is due to the recently increased and extended federal Offshore Wind Energy Investment Tax Credit, the developer sai
Acta Marine has opened an office in Saint-Nazaire, France, off whose coast a 480 MW offshore wind project is being built, for which the company’s vessel Coastal Chariot recently supported the export cable pull-in operations. Acta Marine said the move to open the office in Saint-Nazaire was in suppor
