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Business & Finance

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South Fork Wind Orsted
Business & Finance

Skyborn Renewables Now Ørsted’s Joint Venture Partner on Two US Offshore Wind Farms

Skyborn Renewables has become Ørsted’s joint venture partner on the South Fork Wind and Revolution Wind offshore wind farms in the US as Skyborn’s parent company, Global Infrastructure Partners (GIP), acquired Eversource Energy’s 50 per cent ownership share in the two projects. Eversource initiated

about 2 years ago
Sarens Empire Energy Partners
Business & Finance

Sarens, Empire Energy Offshore Team Up for US Offshore Wind Projects

Belgium-headquartered Sarens has signed a memorandum of understanding (MoU) framework agreement with Empire Energy Partners’ Offshore Division to support the development of offshore wind projects in the US. The collaboration, which combines Empire Energy’s engineering, procurement, and construction

about 2 years ago
Cadeler Wind Peak
Business & Finance

Cadeler Inks Firm Turbine Installation Contracts for Bałtyk 2 and Bałtyk 3 Offshore Wind Farms

Denmark’s Cadeler has signed firm contracts with Polenergia and Equinor for the installation of wind turbines at the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. Following the vessel reservation agreements made in May 2024 with the Equinor-Polenergia joint venture, Cadeler has finalized firm

about 2 years ago
Vestas Lands Conditional Order for 1.1 GW Scottish Offshore Wind Project
Business & Finance

Vestas Lands Conditional Order for 1.1 GW Scottish Offshore Wind Project

Vestas has signed a conditional order agreement with Inch Cape Offshore Limited (ICOL), a joint venture between ESB and Red Rock Renewables, to supply V236-15.0 MW wind turbines for the 1.1 GW Inch Cape offshore wind farm in Scotland. The agreement is for the supply, installation, and commissioning

about 2 years ago
Ziton Siemens Gamesa
Business & Finance

Macquarie Taking Over Danish Offshore Wind O&M Provider

Macquarie Asset Management is set to acquire 100 ownership of Ziton, a Denmark-based provider of operations and maintenance (O&M) services to the offshore wind industry. Macquarie European Infrastructure Fund 7, advised by Macquarie Asset Management, has entered into a share purchase agreement with

about 2 years ago
Avangrid Shareholders Approve Iberdrola’s Takeover
Business & Finance

Avangrid Shareholders Approve Iberdrola’s Takeover

Avangrid’s shareholders have approved Iberdrola’s acquisition of the remaining 18.4 per cent of Avangrid’s capital, through a merger operation. The acquisition was supported by approximately 99 per cent of the votes cast, compared to just 1 per cent of votes cast against. The percentage of support a

about 2 years ago
LyondellBasell Buys Power from Ecowende Offshore Wind Farm
Business & Finance

LyondellBasell Buys Power from Ecowende Offshore Wind Farm

International chemical company LyondellBasell has agreed to purchase a portion of electricity generated by the Ecowende wind farm in the Dutch North Sea. LyondellBasell signed a 15-year power purchase agreement (PPA) with Eneco, the energy company building the wind farm in the coming years together

about 2 years ago
Windar Renovables Starts Work on New Monopile Factory in Spain
Business & Finance

Windar Renovables Starts Work on New Monopile Factory in Spain

Windar Renovables has started preparatory work to construct a new monopile factory in Asturias, Spain. Windar Renovables acquired the construction site on the right bank of the Avilés estuary last March. This land, with a surface area of more than 400,000 square metres, includes several manufacturin

about 2 years ago
Dutch Offshore Wind Sector Gains Certification Support Amid Rising UXO Workforce Demand
Business & Finance

Dutch Offshore Wind Sector Gains Certification Support Amid Rising UXO Workforce Demand

After establishing a team to handle the workload, the UK-headquartered Ocean Geophysics has introduced certification support related to the Certification Scheme for the Detection of Explosive Remnants of War (CS-OOO) in the Netherlands to address the rising demand for professionals in unexploded ord

about 2 years ago
EnBW Opens Helicopter Transport Tender for German Offshore Wind Farms
Business & Finance

EnBW Opens Helicopter Transport Tender for German Offshore Wind Farms

EnBW has launched a tender for helicopter transport services for its offshore wind farms in the German North Sea. The offshore wind owner/developer is looking for a helicopter service for the offshore-onshore transport of personnel including personnel luggage in the contract period. In individual ca

about 2 years ago
TGS Wraps Up Survey for Offshore Wind Project in New York Bight
Business & Finance

TGS Wraps Up Survey for Offshore Wind Project in New York Bight

Norwegian seismic company TGS has finished the acquisition of an ultra-high-resolution 3D (UHRD3D) survey on behalf of Community Offshore Wind in the New York Bight, providing soil condition data to guide the design of the offshore wind project. According to TGS, the survey began in October 2023 and

about 2 years ago
BlueFloat Energy Dajin
Business & Finance

BlueFloat and Dajin Team Up to Boost Floating Offshore Wind Supply Chain

China’s Dajin Heavy Industry and Spain’s BlueFloat Energy have signed a Memorandum of Understanding (MoU) to drive innovation and sustainability in the floating offshore wind industry. Under the MoU, BlueFloat and Dajin will focus their work on technical innovation, supply chain enhancement, and dec

about 2 years ago
Windeed ASCO
Business & Finance

Windeed, ASCO Forge Floating Wind Ties

Sweden-based Windeed and ASCO, a provider of logistics and materials management, have signed a Letter of Intent (LoI) to strengthen their roles in the floating wind sector by improving logistics and operations for floating offshore wind projects. The collaboration will focus on creating a logistics

about 2 years ago
DeepOcean Nordseecluster A
Business & Finance

DeepOcean Taps CRP Subsea for Offshore Wind Cable Protection Systems

UK-headquartered CRP Subsea has secured a contract from Norway-based ocean services provider, DeepOcean, to supply cable protection systems for RWE’s Nordseecluster A offshore wind project in the German part of the North Sea. Under this contract, CRP Subsea will supply 96 NjordGuard cable protection

about 2 years ago
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