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Business & Finance

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EIB Bankrolls Seamade Offshore Wind Farm
Business & Finance

EIB Bankrolls Seamade Offshore Wind Farm

The European Investment Bank (EIB) has agreed to provide an undisclosed amount of funding for the construction of the Seamade offshore wind farm in the Belgian North Sea.

about 8 years ago
ABPmer Welcomes New Hires to Metocean Squad
Business & Finance

ABPmer Welcomes New Hires to Metocean Squad

ABPmer has expanded its metocean team with three new appointments as part of its aim to broaden the scope of metocean consultancy services.

about 8 years ago
Total Wind’s Merkur Contract Changes Hands
Business & Finance

Total Wind’s Merkur Contract Changes Hands

The Dutch Gould Services has reached an agreement to take over all activities of compatriot Total Wind Benelux, including a contract for the 396MW Merkur offshore wind farm.

about 8 years ago
Hohe See and Albatros See Ownership Change
Business & Finance

Hohe See and Albatros See Ownership Change

Enbridge Inc. has closed the sale of 49% of its 49.9% interest in the Hohe See and Albatros offshore wind farms to Canada Pension Plan Investment Board (CPPIB).

about 8 years ago
First Large-Scale US Offshore Wind Farm to Lower Electricity Bills
Business & Finance

First Large-Scale US Offshore Wind Farm to Lower Electricity Bills

The 800MW Vineyard Wind offshore wind farm will deliver electricity at a total levelized price of USD 65/MWh for energy and Renewable Energy Credits (RECs), lowering the Massachusetts electricity users’ monthly bills by up to 1.5%, the recent filings by the Massachusetts Electric Distribution Compan

about 8 years ago
TIPC and Changhua Strike Up Offshore Wind Partnership
Business & Finance

TIPC and Changhua Strike Up Offshore Wind Partnership

Taiwan International Ports Corp. (TIPC) and the Changhua County Government have signed an agreement to jointly construct and develop an offshore wind operations&maintenance hub at the Taichung Port.

about 8 years ago
Offshore Wind Lifts Fugro
Business & Finance

Offshore Wind Lifts Fugro

Fugro saw a 16.6% increase in revenue in the first half of 2018, said to be driven mainly by strong growth in the offshore wind, building and infrastructure and recovering oil & gas markets in the second quarter of the year.

about 8 years ago
RanaWorks to Debut on German Offshore Wind Farm
Business & Finance

RanaWorks to Debut on German Offshore Wind Farm

RanaWorks – a joint venture company set up between Italian RANA Diving SpA and Dutch Workships Contractors BV in January 2018 – has been awarded its first contract that will see the company working on an offshore wind project in Germany.

about 8 years ago
EU Says Yes to New Northwester 2 Joint Control
Business & Finance

EU Says Yes to New Northwester 2 Joint Control

The European Commission has approved the acquisition of joint control by Parkwind and Summit Tailwind Belgium over Northwester 2, a project company holding a 224MW concession in the Belgian North Sea.

about 8 years ago
Scotland: Unions Urge OWF Developers to Secure Work for BiFab
Business & Finance

Scotland: Unions Urge OWF Developers to Secure Work for BiFab

GMB Scotland and Unite the Union have called on the offshore wind developers with projects in Scotland to award Bifab with contracts for which the company is currently tendering for.

about 8 years ago
E.ON Secures 86.2% Innogy Share
Business & Finance

E.ON Secures 86.2% Innogy Share

E.ON has secured an 86.2% share in innogy after completing the voluntary public takeover offer (PTO) to the company’s minority shareholders.

about 8 years ago
German Bank Buys Into 50Hertz
Business & Finance

German Bank Buys Into 50Hertz

German state-owned bank, Kreditanstalt für Wiederaufbau (KfW), has agreed to acquire a 20% stake in compatriot transmission system operator 50Hertz Transmission GmbH.

about 8 years ago
Naval Energies Opts for Floating Wind over Tidal Energy
Business & Finance

Naval Energies Opts for Floating Wind over Tidal Energy

Naval Energies has decided to stop investing in tidal energy, a market said to be in the process of closing, and focus on floating offshore wind, as well as ocean thermal energy conversion.

about 8 years ago
Hornsea Two, Formosa I Firm Up Siemens Gamesa Order Book
Business & Finance

Hornsea Two, Formosa I Firm Up Siemens Gamesa Order Book

Siemens Gamesa’s offshore wind order intake reached a peak in the third quarter of the fiscal year 2018 with 1,368MW in firm orders, due to agreements to supply 165 turbines for Hornsea Project Two and 120MW for the Formosa I Phase II offshore wind project.

about 8 years ago
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