Wpd AG has placed its first promissory note loan in the amount of EUR 68.5 million for institutional investors to finance expansion plans outside Europe.
Inocean AS has acquired all of the outstanding shares in ABB Inocean AB and has renamed the company Inocean AB.
Dutch marine contractor Van Oord has assigned the Rostock-based EEW Special Pipe Constructions GmbH to manufacture and deliver 31 monopiles for the 252MW Deutsche Bucht (DeBu) offshore wind farm.
Cost reduction keeps on being one of the primary goals of the ever-growing offshore wind industry. Recognising the industry’s requirements, companies supporting construction and operation of offshore wind farms are expanding their ranges of services to both contribute the push to cut the costs and t
UK-headquartered offshore geoscience and geotechnical engineering consultancy, Cathie Associates, has announced the opening of operations in the USA with the appointment of a Vice President.
MHI Vestas Offshore Wind received a firm and unconditional order for the Deutsche Bucht (DeBu) wind farm from Northland Power Inc. last Friday, when the Canadian company announced that the EUR 1.3 billion offshore wind project had reached financial close.
Vattenfall has gained the 252MW Deutsche Bucht (DeBu) offshore wind farm project as its newest direct marketing customer.
Northland Power’s EUR 1.3 billion Deutsche Bucht (DeBu) project has reached financial close, with all of the equity contributed to the project and all debt required for the project now fully committed by the project lenders.
With offshore wind moving towards subsidy-free wind farms and setting a new standard for the industry, a more efficient way of utilisation of vessels and a cooperation on a much higher level need to be in place, according to Thorsten Jalk, CEO of Ziton.
A consortium comprising Macquarie Group Limited, Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS) has successfully completed the acquisition of the Green Investment Bank from the UK government for GBP 2.3 billion.
Canada’s Northland Power Inc. has completed the acquisition of 100% of the shares of British Wind Energy GmbH, which owns the Deutsche Bucht offshore wind project, from Highland Group Holdings Ltd.
UK-based wind Lidar manufacturer ZephIR Lidar has expanded its engineering and supply chain team with three new appointments.
Royal Boskalis Westminster’s Offshore Energy division reported an operating result (EBIT) of EUR 36.1 million for the first six months of 2017, a 66.5% decrease compared with an EBIT of 107.7 million reported during the same period a year earlier.
Belgian transmission system operator Elia has awarded Dredging International, part of the DEME Group, with a contract for the subsea cable installation for the Modular Offshore Grid (MOG) in the Belgian part of the North Sea.
