Finance
The Hai Long Offshore Wind Project has completed a NT$55 billion incremental financing package, structured within the existing project financing framework.
[Read more…] about Hai Long Project completed a NT$55 Billion Incremental FinancingWoori Bank backs 400 billion won Jeonbuk offshore wind project
South Korea
Woori Bank is set to provide a combination of loans and fund investments totalling 400 billion won for an offshore wind power project in Gochang County, Jeonbuk Province.
[Read more…] about Woori Bank backs 400 billion won Jeonbuk offshore wind projectApollo Global to invest $1.5 billion in Keppel oil rig fund
Finance
Last Monday, Apollo Global Management announced that it would be investing $1.5 billion in a new private fund managed by Singapore-based Keppel.
[Read more…] about Apollo Global to invest $1.5 billion in Keppel oil rig fundKorea Midland Power begins 390MW offshore wind project
Financial Arrangement
Korea Midland Power’s Shinan-Wi offshore wind power project has finalised its financial arrangements and is proceeding with the groundbreaking ceremony.
[Read more…] about Korea Midland Power begins 390MW offshore wind projectEU clears €63bn French State aid scheme for 11.1 GW offshore wind
CISAF
The European Commission has approved a €63 billion French State aid scheme to support the construction and operation of 11 offshore wind farms with a combined capacity of up to 11.1 GW, under the Clean Industrial Deal State Aid Framework (CISAF).
[Read more…] about EU clears €63bn French State aid scheme for 11.1 GW offshore windSBM Offshore completes US$465 million financing of FSO Chalchi
Financing
SBM Offshore announces that it has signed the project financing for the FSO Chalchi, totaling US$465 million.
[Read more…] about SBM Offshore completes US$465 million financing of FSO ChalchiSBM intends to divest minority interest in FSO Chalchi
General
SBM Offshore has entered into a shareholders’ agreement with its long-standing business partner Nippon Yusen Kabushiki Kaisha (NYK).
[Read more…] about SBM intends to divest minority interest in FSO ChalchiVictoria commits EUR 76.4m for offshore wind terminal
Wind Energy – Terminal
Australia’s state of Victoria has dedicated EUR 76.4m to advance the Victorian Renewable Energy Terminal at the Port of Hastings, aiming to support the development of offshore wind farms.
[Read more…] about Victoria commits EUR 76.4m for offshore wind terminalMarco Polo Marine secures $21m for offshore wind expansion
General – Finance
Marco Polo Marine raised about $21m through a private share placement to fund capital expenditure and specialised vessels supporting offshore wind projects.
[Read more…] about Marco Polo Marine secures $21m for offshore wind expansionAble Humber Ports accelerates development of port
General – Funding
Able Humber Ports announced the award of a £490,000 Industrial Strategy Zone (ISZ) Site Accelerator Grant from the Ministry of Housing, Communities and Local Government.
[Read more…] about Able Humber Ports accelerates development of port