GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm, with Ørsted retaining a 50 % share.
[Read more…] about Cathay Life Insurance signs landmark investmentPortuegese Galp’s efforts to offload part of its stake in Namibia’s Mopane oil project have finally attracted heavyweight interest.
[Read more…] about Chevron, TotalEnergies join bid for Galp’s stakes in Namibian findIthaca Energy announced that, following its announcement on 20th May 2025 regarding the acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, it has now completed the Transaction with all conditions precedent having been satisfied.
[Read more…] about Completion of acquisition of additional interest in Cygnus FieldØrsted has priced its $9.42 billion rights issue at 66.6 crowns ($10.46) per share, a 66.7% discount to the stock’s closing price on Friday, as it shores up its finances in the face of mounting challenges.
[Read more…] about Ørsted sets 67% discount for $9.4 bln rights issueTo align the company’s green power supply and demand, BASF is streamlining its current portfolio of renewable power projects.
[Read more…] about BASF sells share in Nordlicht wind farms back to VattenfallSingapore-headquartered FPSO specialist Yinson Production has completed the acquisition of 100% shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.
[Read more…] about Yinson Production completes acquisition of Stella Maris CCSSBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.
[Read more…] about SBM Offshore to sell shares in FloventisVår Energi has signed an agreement with Concedo for the disposal of a 20% interest in the Bøyla field for a consideration of USD 24 million.
[Read more…] about Vår Energi sells Bøyla asset as part of portfolio optimisationFøn Energy Services from Norway and Dutch offshore wind farm services company C-Ventus are joining forces to create a leading European O&M (operations & maintenance) player within offshore wind.
[Read more…] about Føn Energy Services and C-Ventus combine offshore wind forcesInfraVia Capital Partners, a leading European infrastructure investor, has announced the acquisition of a majority shareholding in GIGA Storage, a leading player in Battery Energy Storage System (BESS) development, construction, and operations in the Netherlands and Belgium.
[Read more…] about InfraVia acquires a majority stake by investing in GIGA Storage
