GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise $3bn for the 632 MW offshore wind farm Greater Changhua 2.
[Read more…] about Ørsted secures project financing for Greater Changhua 2DEME reported a robust start to 2025, with first-quarter revenue rising 10% year-on-year to €993 million.
[Read more…] about DEME defies US wind policy headwinds with strong start to 2025The 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 ScotlandThe 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 financingThe 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 farm
