GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
The New York State Energy Research and Development Authority announced a $300 million competitive solicitation to support maritime port development projects aimed at strengthening the state’s offshore wind supply chain, even as the broader industry grapples with significant regulatory and financial challenges.
[Read more…] about Preparation New York Ports for offshore windIn partnership with Eni and PTTEP, ADNOC announced the signing of a landmark structured financing transaction worth up to $11 billion (£8.4 billion) to monetise the future gas production of Hail and Ghasha.
[Read more…] about ADNOC secures financing for Hail and Ghasha gas developmentCopenhagen Infrastructure Partners (CIP) announced a new partnership with ALTÉRRA, one of the world’s largest private investment vehicles for climate finance, on CIP’s Growth Markets Fund II (GMF II).
[Read more…] about CIP announces new partnership with investorThe German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT’s German unit, an economy ministry spokesperson said last week.
[Read more…] about Berlin to set aside € 7.6 bln to acquire stake in TenneT GermanyThe European Investment Bank (EIB) has signed a €500 million green loan with Iberdrola to finance the Windanker offshore wind farm, a 315 MW project currently under construction in the German Baltic Sea.
[Read more…] about EIB grants green loan for Iberdrola Windanker projectThe Port of Long Beach has secured a $20 million award from the California Energy Commission to advance the Pier Wind offshore wind hub.
[Read more…] about Port of Long Beach secures $20 million for new terminalToday, TenneT Holding has reached an agreement with three large institutional investors in Europe regarding their investment in TenneT Germany: APG (investing on behalf of Dutch pension fund ABP), Singapore sovereign wealth fund GIC, and Norges Bank Investment Management (NBIM).
[Read more…] about TenneT secures equity funding for TenneT GermanyFugro, based in the Netherlands, has announced it will cut 300 jobs and withdraw its financial guidance for 2025.
[Read more…] about Fugro withdraws financial guidance for 2025The Dutch government is allocating nearly 1 billion euros from the climate fund to license and subsidise offshore wind farms.
[Read more…] about Dutch government announces budget for offshore windAugusta is delighted to announce that it has signed an agreement for the acquisition of the firm by Mizuho Financial Group, to grow Augusta into Mizuho’s financial advisory platform for renewable energy and the energy transition in Europe and beyond.
[Read more…] about Mizuho Financial Group acquires Augusta
