Wind Energy
Vietnamese steel giant Hoa Phat Group has invested VND600 billion (US$22.78 million) to acquire a 30-percent stake in Song Hau Offshore Wind Power JSC.
[Read more…] about Vietnamese steelmaker Hoa Phat invests in offshore windAnother key step forward for Gennaker
Strategic Partnership
Skyborn Renewables and Stadtwerke München (SWM) have agreed to form a strategic partnership for the Gennaker offshore wind project, with SWM acquiring a 25% stake.
[Read more…] about Another key step forward for GennakerØrsted officially sells 50% stake in Hornsea Three OWP
General – Ownership Hornsea
Ørsted has agreed to sell half of its ownership in the Hornsea Three offshore wind farm to global investment firm Apollo Global Management for $6.1 billion.
[Read more…] about Ørsted officially sells 50% stake in Hornsea Three OWPNNPC to sell some oil and gas assets to private investors
General – Stakes
Nigeria’s state-owned energy company, NNPC, plans to sell stakes in some of its oil and gas assets and has invited bids from private investors.
[Read more…] about NNPC to sell some oil and gas assets to private investorsShell completes acquisition deep-water Bonga field
Fossil Energy – Nigeria
Shell Nigeria Exploration and Production Company (SNEPCo), has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%.
[Read more…] about Shell completes acquisition deep-water Bonga fieldOcean Winds sells 20% stake in French OWF to Allianz
Wind Energy – Stakes
Ocean Winds, the 50:50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind farm in France to Allianz Global Investors for $232 million.
[Read more…] about Ocean Winds sells 20% stake in French OWF to AllianzSetec buys stake in Flow Park Investment
General – Acquisition
Setec announced the acquisition of a stake in FLOW Park Investment Limited (FPIL), a subsidiary of OSG, Offshore Solutions Group, a Scottish consulting and engineering company specialising in wind energy.
[Read more…] about Setec buys stake in Flow Park InvestmentØrsted discusses 50% Hornsea 3 stake sale
General – Stake Sale
Ørsted is in discussions to sell a 50% stake in its USD 11.4bn/EUR 9.7bn Hornsea 3 offshore wind farm project in the UK.
[Read more…] about Ørsted discusses 50% Hornsea 3 stake sale