Cadeler intends to significantly expand the fleet with two new build X-class vessels. [Read more…] about Significant fleet expansion for Cadeler
MoU between Azerbaijan and IFC
Azerbaijan’s Energy Ministry and International Finance Corporation, a member of the World Bank Group, have signed a memorandum of understanding on cooperation in the use of offshore wind energy resources. [Read more…] about MoU between Azerbaijan and IFC
Ørsted sells 50% ownership MW Borssele 1 & 2 Offshore Wind Farm
Today, Ørsted has signed an agreement with Norges Bank Investment Management (NBIM), who will be acquiring a 50 % ownership share of Ørsted’s 752 MW Borssele 1 & 2 Offshore Wind Farm. [Read more…] about Ørsted sells 50% ownership MW Borssele 1 & 2 Offshore Wind Farm
RWE marks financial investment decision for Sofia Offshore Wind Farm
RWE has taken the Financial Investment Decision on its 1.4 gigawatt (GW) flagship Sofia Offshore Wind Farm project, globally the largest offshore project in its renewables fleet. [Read more…] about RWE marks financial investment decision for Sofia Offshore Wind Farm
EIB approves €350 million funding for French wind farm
The European Investment Bank (EIB) has granted a €350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of the Calvados wind farm off the coast of Courseulles-sur-Mer in France. [Read more…] about EIB approves €350 million funding for French wind farm
Record order book and very solid financial position for Boskalis
Boskalis has exceeded expectations in what has proven to be a very turbulent and challenging 2020 with an EBITDA of EUR 404 million. Net operating profit amounted to EUR 90 million. [Read more…] about Record order book and very solid financial position for Boskalis
UKEF supports offshore wind deal in Taiwan with £200m deal
UK Export Finance (UKEF), the UK’s export credit agency, is providing a £200m buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, unlocking the export potential of the UK’s offshore wind sector. [Read more…] about UKEF supports offshore wind deal in Taiwan with £200m deal
Canadian giant takes shares in Polish wind project.
PKN ORLEN has chosen Northland Power Inc. as the sector partner of 1200 MW Baltic Power offshore wind farm located in Polish EEZ of the Baltic Sea. [Read more…] about Canadian giant takes shares in Polish wind project.
Lenders take control of Polarcus vessels after company defaults
Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices. [Read more…] about Lenders take control of Polarcus vessels after company defaults
CIP to sell Beatrice stake to TRIG
The Board of The Renewables Infrastructure Group (TRIG) is pleased to announce that the Company has exchanged contracts to acquire an equity interest of 17.5% in Beatrice offshore wind farm from Copenhagen Infrastructure Partners (CIP). [Read more…] about CIP to sell Beatrice stake to TRIG