The European Commission has approved, under the EU Merger Regulation, the acquisition of the power grid division of ABB of Switzerland by Hitachi of Japan. [Read more…] about EU approves acquisition of ABB Power Grids by Hitachi
Acquisition and recapitalisation of Royal IHC finalised
Royal IHC has announced that the acquisition and recapitalisation of Royal IHC has been finalised. [Read more…] about Acquisition and recapitalisation of Royal IHC finalised
Wind project Eemshaven taken over by Pondera and Rebel
Today Pondera and Rebel announced that they will take over the wind project at the breakwaters in the Eemshaven from Yard Energy. [Read more…] about Wind project Eemshaven taken over by Pondera and Rebel
Total acquires 51% stake in SSE Renewables’ Seagreen 1 wind farm project
Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project for an upfront payment at closing of £ 70 million and earn-outs up to £ 60 million in aggregate subject to performance conditions. [Read more…] about Total acquires 51% stake in SSE Renewables’ Seagreen 1 wind farm project
Neptune Energy completes Petrel seismic survey offshore Australia
Neptune Energy today announced the successful acquisition of the 3D broadband seismic survey of the extensive Petrel field located in the Bonaparte basin of Australia. [Read more…] about Neptune Energy completes Petrel seismic survey offshore Australia
Kotug acquires full ownership of Marsol
Kotug International has completed the 100% acquisition of Marsol International, a leading offshore and marine terminal service centre, specialized in offshore single point mooring (SPM) buoy terminals and its related infrastructure. [Read more…] about Kotug acquires full ownership of Marsol
Acquisition Eneco completed
Both Mitsubishi and Chubu have since been completing the acquisition procedures, and yesterday the partnership officially acquired all shares of Eneco through its joint venture in the Netherlands, special purpose company Diamond Chubu Europe B.V. [Read more…] about Acquisition Eneco completed
Iberdrola takes over 100% of Saint-Brieuc offshore wind mega-project in France
Iberdrola has reinforced its commitment to offshore wind energy in France after reaching 100% of the capital of Ailes Marines, the company developing the Saint-Brieuc ‘megaproject’, the energy company reported yesterday. [Read more…] about Iberdrola takes over 100% of Saint-Brieuc offshore wind mega-project in France
Energean to acquire Greek block from Total
Greek firm Energean is to acquire Total’s stake in Block 2, offshore Western Greece, providing further exploration opportunities in its core area of the Eastern Mediterranean with limited financial exposure. [Read more…] about Energean to acquire Greek block from Total
Northland Power acquires Dado Ocean Wind Farm in South Korea
Northland Power, Canada, announces the signing of an agreement to acquire Dado Ocean Wind Farm, a development company with multiple early stage offshore wind development sites near Chodo Island, off the south coast of South Korea. [Read more…] about Northland Power acquires Dado Ocean Wind Farm in South Korea