General – Finance
The UK government has awarded more than GBP 55 million (about EUR 66 million) for the expansion of the Port of Cromarty Firth in Scotland.
[Read more…] about Expansion of Port of Cromarty Firth in Scotland
Taiwan expands OWP national financing
Wind Energy – Taiwan
The Ministry of Economic Affairs (MOEA) in Taiwan announced an expansion of its national financing guarantee mechanism for offshore wind power projects.
[Read more…] about Taiwan expands OWP national financingUK Infrastructure Bank and XLCC confirm subsea cable investment
General – Finance
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 sovereign wealth fund commits $1 bln to renewable energy fund
Renewable energy – Finance
Norway’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 fundEIB provides €450 million to Prysmian to promote European energy transition
General – Finance
The 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 successfully raises Revolving Credit Facility
Fossil Energy – Credit Facility
SBM 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 FacilityFinancing Taiwan’s largest wind farm
Wind Energy – Taiwan
Deutsche 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 farmBritain’s Octopus Energy buys 10% stake in Dutch offshore wind farm
Wind Energy – Borssele Stake
According 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 farmFinancing secured to complete Taiwan’s 640 MW Yunlin OWF
Wind Energy – Yunlin Taiwan
Skyborn 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 OWFKoloma raised $91M to drill for carbon-free hydrogen
General – Carbon Free Hydrogen
Denver-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 hydrogen