General – Funding
AF Gruppen, Multiconsult, DOF, Semar, and NTNU have received NOK 11 million in funding to further develop their concrete foundation technology.
[Read more…] about Norway backs concrete foundation productionPreparation New York Ports for offshore wind
General – New York Port
The New York State Energy Research and Development Authority announced a $300 million competitive solicitation to support maritime port development projects aimed at strengthening the state’s offshore wind supply chain, even as the broader industry grapples with significant regulatory and financial challenges.
[Read more…] about Preparation New York Ports for offshore windADNOC secures financing for Hail and Ghasha gas development
General – Finance
In partnership with Eni and PTTEP, ADNOC announced the signing of a landmark structured financing transaction worth up to $11 billion (£8.4 billion) to monetise the future gas production of Hail and Ghasha.
[Read more…] about ADNOC secures financing for Hail and Ghasha gas developmentCIP announces new partnership with investor
General – Partnership
Copenhagen Infrastructure Partners (CIP) announced a new partnership with ALTÉRRA, one of the world’s largest private investment vehicles for climate finance, on CIP’s Growth Markets Fund II (GMF II).
[Read more…] about CIP announces new partnership with investorBerlin to set aside € 7.6 bln to acquire stake in TenneT Germany
General – Acquisition
The German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT’s German unit, an economy ministry spokesperson said last week.
[Read more…] about Berlin to set aside € 7.6 bln to acquire stake in TenneT GermanyEIB grants green loan for Iberdrola Windanker project
Fossil Energy – Loan EIB
The European Investment Bank (EIB) has signed a €500 million green loan with Iberdrola to finance the Windanker offshore wind farm, a 315 MW project currently under construction in the German Baltic Sea.
[Read more…] about EIB grants green loan for Iberdrola Windanker projectPort of Long Beach secures $20 million for new terminal
General – USA Terminal
The Port of Long Beach has secured a $20 million award from the California Energy Commission to advance the Pier Wind offshore wind hub.
[Read more…] about Port of Long Beach secures $20 million for new terminalTenneT secures equity funding for TenneT Germany
General – Finance
Today, TenneT Holding has reached an agreement with three large institutional investors in Europe regarding their investment in TenneT Germany: APG (investing on behalf of Dutch pension fund ABP), Singapore sovereign wealth fund GIC, and Norges Bank Investment Management (NBIM).
[Read more…] about TenneT secures equity funding for TenneT GermanyFugro withdraws financial guidance for 2025
General – Finance
Fugro, based in the Netherlands, has announced it will cut 300 jobs and withdraw its financial guidance for 2025.
[Read more…] about Fugro withdraws financial guidance for 2025Dutch government announces budget for offshore wind
Wind Energy – Finance
The Dutch government is allocating nearly 1 billion euros from the climate fund to license and subsidise offshore wind farms.
[Read more…] about Dutch government announces budget for offshore wind