DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g
TenneT Holding B.V. has launched and priced its second EUR 1 billion Green Bond issue to finance the transmission system operator’s offshore wind-related projects. The EUR 1bn dual tranche (10 and 20 year) bond issue, each sized at EUR 500 million with coupons of 1.000% and 1.875% respectively, has
MHI Vestas Offshore Wind has received an order from EDF Energy Renewables for five V164-8.0 MW turbines to be installed at the 41.5 MW Blyth Offshore Demonstrator Project. The V164-8.0 MW turbines – rated with a capacity of 8MW – have been optimised for the project, utilising a power mode to be able
CWind’s Chief Executive Officer (CEO) Chris Randle has decided to leave the company in pursuit of ”new opportunities and challenges.” Ian Douglas, Chairman of the Board of CWind said: “Chris has played an influential role in the development of the business since he joined in April 2014, leading sign
Norwegian offshore wind industry representatives have urged the government to create a working strategy for the establishment of full-scale demonstration sites after a survey showed that Norwegian companies valued their export potential in the North Sea offshore wind market between 2025 and 2040 at
Shareholders of China Ming Yang Wind Power Group Limited voted in favour of the proposal to authorize and approve the previously announced agreement and plan of a merger which if completed would resulted in the privatisation of the company. The merger by and among Ming Yang, Zhongshan Ruisheng Antai
Moray Offshore Renewables Ltd (MORL) has announced intention to open consultation on the development of offshore wind on the remainder of its zone in the Outer Moray Firth off Scotland this month. In 2010, The Crown Estate awarded MORL development rights for offshore wind development in Zone 1 (Mora
The minimum price target for DONG Energy’s shares which are expected to start trading on Nasdaq Copenhagen on 9 June has been raised, Reuters reported a source familiar with the matter as saying. The company’s owners have set a price range of between DKK 220 to DKK 255 per share, as opposed to initi
SeaPlanner has hired three new software developers and two new test analysts to meet the needs of its growing project portfolio. The news follows the recent announcements of SeaPlanner being awarded two significant contracts. In April, Dong Energy selected SeaPlanner as the system provider for their
Eleven major energy companies have signed a declaration stating that offshore wind can be fully competitive with coal and gas by 2025, achieving a cost of EUR 80/MWh and below, but only if the industry achieves long-term stability through right policies and closer international cooperation. Currentl
Aberdeen-based SeaEnergy has gone into administration and sold its Return to Scene (R2S) business to James Fisher & Sons plc for GBP 1.9 million. KPMG’s Geoff Jacobs, Blair Nimmo and Tony Friar were appointed as joint administrators of the offshore energy services provider on June 2. SeaEnergy is th
US Environmental organisations have called on the New York Governor Andrew Cuomo to seize the opportunity presented by the recently announced commercial wind lease sale and commit to a long term, large scale offshore wind program for New York this year. Alliance for Clean Energy New York, Citizens C
Hollandia Offshore B.V. and the Danish transmission system operator, Energinet.dk, signed a contract for the engineering, procurement and commissioning of the Kriegers Flak substations on 31 May. The project comprises two unmanned substations which are due for delivery to the installation site in Ap
Siemens has awarded a four-year crane framework agreement to UK heavy-lift specialist ALE for the supply and deployment of cranes, specialised transport equipment and personnel. The contract is for the period 2016-19, and has a value in excess of GBP 43 million (EUR 55m). It covers Siemens’ harbour-
