GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
The UK Infrastructure Bank (UKIB) has today announced an investment in subsea HVDC cable manufacturer XLCC to develop a new world-leading factory in Hunterston, Scotland.
[Read more…] about UK Infrastructure Bank and XLCC confirm subsea cable investmentNorway’s sovereign wealth fund said on Monday to Reuters it will commit 900 million euros ($1.01 billion) to the latest renewable energy fund of investment firm Copenhagen Infrastructure Partners (CIP).
[Read more…] about Norway sovereign wealth fund commits $1 bln to renewable energy fundThe European Investment Bank (EIB) and Prysmian have signed a new, €450 million finance contract to facilitate electricity transmission and distribution in Europe.
[Read more…] about EIB provides €450 million to Prysmian to promote European energy transitionSBM Offshore has secured a US$210 million Revolving Credit Facility (RCF) for the financing of the construction of Fast4Ward Multi-Purpose Floater (MPF) hulls.
[Read more…] about SBM Offshore successfully raises Revolving Credit FacilityDeutsche Bank announced on November 2 it has completed a bespoke deal-contingent interest rate hedge and a tailored financing for Hai Long, Taiwan’s largest offshore wind project to date.
[Read more…] about Financing Taiwan’s largest wind farmAccording to Reuters Britain’s Octopus Energy has acquired a 10% stake in the Borssele III & IV offshore wind farm in the Dutch North Sea for an undisclosed sum, part of a wider $20 billion offshore wind investment plan.
[Read more…] about Britain’s Octopus Energy buys 10% stake in Dutch offshore wind farmSkyborn Renewables, and its partners in Yunneng Wind Power Co., TotalEnergies, Electricity Generating Public Company (EGCO) and Sojitz Corporation (Sojitz), have successfully secured an extended financing agreement to complete the construction of the 640 MW Yunlin offshore wind farm project in Taiwan.
[Read more…] about Financing secured to complete Taiwan’s 640 MW Yunlin OWFDenver-based startup Koloma has raised over $90m to drill for carbon-free hydrogen that’s continuously generated underground.
[Read more…] about Koloma raised $91M to drill for carbon-free hydrogenOn June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received – putting it on track to reach its target fund size of EUR 12 billion and become the world’s largest dedicated greenfield renewable energy fund.
[Read more…] about CIP reaches first close on CI V at nearly EUR 6 billionLongboat Energy Norge has agreed to acquire minority interests held by INPEX Idemitsu Norge in two production centers in PL 089 in the Norwegian North Sea for $12.75 million.
[Read more…] about Longboat acquiring stakes in North Sea Statfjord Satellites
