Business & Finance
Belgian OWFs to See Ownership Change
The European Commission has approved the restructuring of ownership over the Seastar and Mermaid offshore wind farms to be built in the Belgian North Sea.
Canary Islands Aim for 300MW of Offshore Wind by 2025
Canary Islands, Spain, are targeting 300MW of installed offshore wind capacity by 2025 as part of an objective to have 45% of renewable energy in their energy mix by that time.
Bladt Inks Two New Northwester 2 Contracts
Bladt Industries has signed two contracts with Jan de Nul and Parkwind, under which the foundation manufacturer will deliver 23 monopiles and transition pieces for Northwester 2 wind turbines, and one monopile and transition piece for the project’s substation.
Veja Mate Restructures Debt
Green Giraffe and FIH Partners have announced the closing of the restructuring of almost EUR 1.3 billion senior facilities in place on the Veja Mate project in Germany, owned by Highland Group Holdings Ltd, Siemens Financial Services and CI II (managed by Copenhagen Infrastructure Partners).
MAATS Tech to Deliver Nexans Aurora Deck Spread
Following news that Nexans signed a deal with Ulstein Verft for the construction of its new cable laying vessel, the Nexans Aurora, UK marine engineering company MAATS Tech informed that it will supply a deck spread for the vessel.
JFMS Bolsters Offshore Wind Team
James Fisher Marine Services (JFMS) has appointed John Price from JDR Cables and Peter Godfrey from Siemens as key account directors, and promoted Ben Hooker to the same post, as the company decided to strengthen its client services in the offshore oil & gas and renewable energy markets.
NKT Bags EUR 145 Million Deal for Hornsea Project Two
Ørsted has awarded NKT with a contract worth over EUR 145 million, under which NKT will supply more than 190 kilometres of 220kV high-voltage AC XLPE offshore export cable system for the Hornsea Project Two offshore wind farm in the UK.
Seacat, Siemens Gamesa Add a Bit of Mischief and Magic to Beatrice Works
Seacat Services has been awarded a new charter agreement for the Beatrice offshore wind farm, following two previously signed contracts under which two of its vessels are already supporting the works at the project site off Scotland.
New Project Eyes Cutting Foundation-Related Costs by 40%
Danish Energy Ministry has awarded EUR 3.8 million through the Energy Technology Development and Demonstration Programme (EUDP) to a consortium aiming to demonstrate how an industrialised suction bucket concept can cut foundation installation costs.
EDF Renewables’ Teesside OWF Gets Co-Owner
EDF Renewables has entered an agreement with Dalmore Capital Limited and Pensions Infrastructure Platform to sell a 49% minority stake in twenty four of its UK wind farms for GBP 701 million, including the 62.1MW Teesside offshore wind farm off Redcar.
Borssele III & IV Moving to Construction Phase
The Blauwwind consortium has achieved financial close on the Borssele III & IV offshore wind farms in the Netherlands, moving the project to the construction phase, with the main offshore works due to start in the fourth quarter of 2019.
Ørsted Places Hornsea Two Order with Siemens Gamesa
Ørsted and Siemens Gamesa have signed a contract for the supply and service of 165 Siemens Gamesa 8MW wind turbines for Hornsea Project Two, world’s largest offshore wind project and the largest wind project in Siemens Gamesa’s history.
(MHI) Vestas, Maersk Working on Cheaper Installation Solution
Vestas and Maersk Supply Service, in cooperation with MHI Vestas Offshore Wind, are developing a crane solution that could, according to the companies, significantly bring down the cost of wind turbine installation.
Ørsted Looking to Divest More Business Units
Ørsted has initiated a structured process to assess the market interest in acquiring its Danish power distribution and residential customer businesses, as well as the City Light business.