General – Finance
Nexans Norway has secured NOK 2 billion in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract.
[Read more…] about Eksfin finances Nexans Norway’s new UK export cable contract
Shell sells Australian offshore natural gas interests to bp
Fossil Energy – Browse Natural Gas Project
Shell Australia is selling bp its interests in the carbon-intensive Browse offshore natural gas project, one of Australia’s largest untapped gas fields.
[Read more…] about Shell sells Australian offshore natural gas interests to bpStrategic investment positions Tekmar for accelerated growth
General – Strategic Investment
Tekmar Group announces it has secured a significant strategic investment from SCF Partners, a private equity investor focused on the global energy sector.
[Read more…] about Strategic investment positions Tekmar for accelerated growthFirst green loan to co-finance an offshore grid connection in Baltic Sea
General – Grid Connection
Eurogrid, the parent company of 50Hertz Transmission, has concluded a syndicated contract for a amortisation loan of 600 million euros with a term of ten years with seven banks.
[Read more…] about First green loan to co-finance an offshore grid connection in Baltic SeaFID for Îles d’Yeu and Noirmoutier offshore wind farm
Wind Energy – Îles d’Yeu and Noirmoutier France
Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie, as shareholders of the company Eoliennes en Mer des îles d’Yeu et de Noirmoutier (EMYN), announce today the final investment decision for the Îles d’Yeu and Noirmoutier project.
[Read more…] about FID for Îles d’Yeu and Noirmoutier offshore wind farmEURO 30 million grant for Tahkoluoto OW demo project
Wind Energy – Demo Project Finland
The Ministry of Economic Affairs and Employment of Finland has granted EURO 30 million for offshore wind power investment in accordance with Finland’s Recovery and Resilience Plan and utilizing the funds available through the EU’s Recovery and Resilience Facility.
[Read more…] about EURO 30 million grant for Tahkoluoto OW demo projectEU approves €2.08bn to support French offshore wind electricity
Wind Energy – Floating Wind
The European Commission has approved, under EU State aid rules, a €2.08 billion French measure to support offshore wind electricity production in France.
[Read more…] about EU approves €2.08bn to support French offshore wind electricitySandbrook Capital acquired majority stake in Havfram
General – Finance
Havfram has received a transformative investment from Sandbrook Capital, a private investment firm dedicated to building climate infrastructure companies.
[Read more…] about Sandbrook Capital acquired majority stake in HavframStaten Island wind turbine facility gets big boost
Wind Energy – Staten Island
Staten Island’s Arthur Kill Terminal, a proposed offshore wind turbine assembly facility in Richmond Valley touted as an integral piece in the state’s energy goals, received a $48 million federal grant Wednesday in a major step forward for the project.
[Read more…] about Staten Island wind turbine facility gets big boostCapital injection for TenneT
General – Capital
Good news for the progress of the energy transition in the Netherlands and the financing of TenneT’s associated investments for the expansion of the Dutch high-voltage grids on land and sea.
[Read more…] about Capital injection for TenneT