Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

EIB provides €450 million to Prysmian to promote European energy transition

General – Finance

The European Investment Bank (EIB) and Prysmian have signed a new, €450 million finance contract to facilitate electricity transmission and distribution in Europe.

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Prysmian sings contract with Eastern Green Link 2

General – Electricity

Prysmian has finalized the contract worth in the region of €1.9 billion by Eastern Green Link 2 Limited, a joint venture between SSEN Transmission and National Grid Electricity Transmission, the UK electricity transmission network owners.

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Agreement for two floating offshore wind farms

Wind Energy – Floating Wind

Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 gigawatt (GW) capacity under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.

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TotalEnergies acquiring Renewable Energy Aggregator Quadra Energy

General – Acquisition

TotalEnergies has signed agreements with the Aloys Wobben Foundation (which owns turbine maker Enercon) to acquire the entire share capital of the German company Quadra Energy.

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Prysmian preferred bidder for EGL2 cable connection in UK

General – EGL Cable Connection

SSEN Transmission and National Grid Electricity Transmission, the GB electricity transmission network owners, selected the Prysmian Group as the exclusive preferred bidder for the Eastern Green Link 2 (EGL2) cable connection.

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