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 portNorway backs concrete foundation production
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 project