GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Transocean and Valaris today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all stock transaction valued at approximately $5.8 billion.
[Read more…] about Transocean to acquire Valaris in all stock transactionMEAG is acquiring a minority stake in Fred Olsen Windcarrier on behalf of Munich Re entities as part of a planned investment targeting a 24% shareholding.
[Read more…] about MEAG buys minority stake in Fred Olsen WindcarrierTenneT Holding has reached an agreement with Kreditanstalt für Wiederaufbau (KfW), acting on behalf of the German government, on the sale of a 25.1% stake in TenneT Germany for approx. EUR 3.3 billion.
[Read more…] about German government shareholder in TenneT GermanyØrsted 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 findBW Ideol has taken a stake in the Méditerranée Grand Large floating offshore wind project in France.
[Read more…] about BW Ideol shareholder in Méditerranée Grand Large floating OWFØrsted 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 VattenfallSBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.
[Read more…] about SBM Offshore to sell shares in FloventisFøn 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 forces
