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 windMizuho Financial Group acquires Augusta
General – Acquisition
Augusta is delighted to announce that it has signed an agreement for the acquisition of the firm by Mizuho Financial Group, to grow Augusta into Mizuho’s financial advisory platform for renewable energy and the energy transition in Europe and beyond.
[Read more…] about Mizuho Financial Group acquires AugustaØrsted secures project financing for Greater Changhua 2
Wind Energy – Finance
Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise $3bn for the 632 MW offshore wind farm Greater Changhua 2.
[Read more…] about Ørsted secures project financing for Greater Changhua 2DEME defies US wind policy headwinds with strong start to 2025
General – Finance
DEME reported a robust start to 2025, with first-quarter revenue rising 10% year-on-year to €993 million.
[Read more…] about DEME defies US wind policy headwinds with strong start to 2025Expansion of Port of Cromarty Firth in Scotland
General – Finance
The UK government has awarded more than GBP 55 million (about EUR 66 million) for the expansion of the Port of Cromarty Firth in Scotland.
[Read more…] about Expansion of Port of Cromarty Firth in ScotlandMainport Shipping secures funding for N-Sea bound OSV newbuild
General – Newbuilding
Eurazeo is delighted to announce the financing of the first offshore wind survey vessel by Eurazeo Sustainable Maritime Infrastructure (ESMI) fund for the Irish Mainport Holdings, in collaboration with advisor Elbe Financial Solutions (EFS).
[Read more…] about Mainport Shipping secures funding for N-Sea bound OSV newbuildTaiwan expands OWP national financing
Wind Energy – Taiwan
The Ministry of Economic Affairs (MOEA) in Taiwan announced an expansion of its national financing guarantee mechanism for offshore wind power projects.
[Read more…] about Taiwan expands OWP national financing