Scottish utility SSE plc is taking full ownership of the 1.5GW Seagreen offshore wind projects under development by Seagreen Wind Energy Limited, in which it currently has a 50% share.
Airbus Helicopters views the support for wind farms as a business segment that is undergoing global growth and expects demand for up to a thousand helicopters over the coming two decades, corresponding to revenues of approximately EUR 9 billion.
Swedish offshore wind power developer and operator Vattenfall has signed a five-year cable repair framework agreement with power cable and asset management services provider CWind covering Vattenfall’s European assets.
The development of floating offshore wind will be held up by the limitations of current port infrastructure, a recent research has revealed.
Danish offshore wind operations & maintenance services provider ZITON A/S has raised EUR 100 million in a senior secured bond and EUR 25 million in a second secured bond.
Esvagt and Wind Power LAB, an Artificial Intelligence and blade specialist, have teamed up to offer a series of services that are said to support the control of offshore assets and expand their lifetime without any weather risk for the owners.
Dutch offshore foundation manufacturer Sif and compatriot consultancy and engineering company IX Wind have established a partnership under which IX will be supporting Sif in their deployment in Taiwan from September 2018 onward.
Energy infrastructure system specialist Pfisterer is establishing a specialized offshore wind team within the PTS (Power Transmission Solutions) Cable Business Unit.
French energy company Engie has signed a 4 year power-purchase agreement with OWP Arkona, a joint venture of E.ON and Equinor.
The renewables engineering consultancy K2 Management has agreed to acquire independent energy engineering consultancy, Cruz Atcheson.
Danish turbine manufacturer Vestas is relocating its testing-related activities at West Medina Mills to the nearby St. Cross facility on Isle of Wight in the UK to make room for future expansion under consideration by MHI Vestas Offshore Wind.
EKF, Denmark’s Export Credit Agency, has provided a GBP 800 million guarantee for the Hornsea Project One offshore wind farm, making this the largest financing in EKF’s history and the largest wind financing that any public export credit agency has ever provided.
Germany’s Bernhard Schulte Shipmanagement (BSM) has set up a new business unit to focus on the oil and gas and offshore energy renewable markets.
Ørsted has signed an agreement to sell 50% of its 1.2GW Hornsea Project One offshore wind farm to Global Infrastructure Partners (GIP).