The Hai Long offshore wind project in Taiwan has secured TWD 55 billion (nearly EUR 1.5 billion) in incremental financing, with eleven banks joining its financing structure for the first time. The additional financing has been arranged within the project’s existing project finance framework and invo
Cadeler has acquired Menck, a provider of equipment and technology for offshore foundation installation, in a transaction valued at EUR 501 million. The acquisition, which was signed and completed following receipt of all required regulatory approvals, gives Cadeler access to Menck’s portfolio of eq
EnBW expects to soon complete the installation of all wind turbines at the 960 MW He Dreiht offshore wind farm, according to information the company provided in its half-year results. As reported in July, a section of a damaged rotor blade from one of the wind turbines at He Dreiht offshore wind far
Shanghai Zhenhua Heavy Industries (ZPMC) has laid the keel for the second service operation vessel (SOV) it is building for French offshore wind fleet operator Louis Dreyfus Armateurs (LD Armateurs). The keel-laying ceremony took place on 30 July at ZPMC’s marine engineering facility. Designed in co
Cadeler has signed firm contracts with COSCO Shipping Offshore shipyard in Qidong, China, for the construction of two T-class offshore wind foundation installation vessels for a total of approximately EUR 805 million. The new vessels are scheduled for delivery in 2030 and 2031. Cadeler said the agre
RWE and the US Department of the Interior (DOI) have reached a settlement agreement under which RWE will relinquish its offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for USD 1.22 billion (around EUR 1.06 billion) in settlement funds. The agreem
Spain-based floating LiDAR specialist EOLOS has partnered with Vietnamese marine services company Enviros to provide wind resource and metocean measurement services for offshore wind projects in Vietnam, with the first deployments planned from September 2026. Under the agreement, EOLOS will combine
Elektrownia Wiatrowa Baltica – 2, the project company developing the 1.5 GW Baltica 2 offshore wind farm, has awarded contracts for two walk-to-work (W2W) accommodation vessels that will support construction and offshore operations at the project in the Polish Baltic Sea. The contracts were awarded
Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff. Located in North Ayrshire, the academy will support installation and inspection, maintenance and repair (IMR) o
Vattenfall has launched a tender seeking contractors to provide remotely operated vehicle (ROV) inspections and seabed survey services across its offshore wind portfolio in Denmark, Sweden, the Netherlands and the UK from 2027. According to a contract notice from 4 August, the company is looking to
Vattenfall has been selected as the winning bidder to develop the Nordsøen Midt (North Sea I Mid) and Hesselø offshore wind farms in Denmark’s latest tender. The two projects are scheduled to be fully operational by 2032 and will have a combined capacity of at least 1.8 GW, enough to generate electr
North Star has secured a GBP 275 million (approximately EUR 321 million) debt financing package to support the expansion of its offshore wind fleet. The financing fully covers the company’s existing shipbuilding commitments and provides additional capital for future vessel acquisitions and newbuild
