Finance
The Hai Long Offshore Wind Project has completed a NT$55 billion incremental financing package, structured within the existing project financing framework.
[Read more…] about Hai Long Project completed a NT$55 Billion Incremental FinancingWoori Bank backs 400 billion won Jeonbuk offshore wind project
South Korea
Woori Bank is set to provide a combination of loans and fund investments totalling 400 billion won for an offshore wind power project in Gochang County, Jeonbuk Province.
[Read more…] about Woori Bank backs 400 billion won Jeonbuk offshore wind projectApollo Global to invest $1.5 billion in Keppel oil rig fund
Finance
Last Monday, Apollo Global Management announced that it would be investing $1.5 billion in a new private fund managed by Singapore-based Keppel.
[Read more…] about Apollo Global to invest $1.5 billion in Keppel oil rig fundVictoria commits EUR 76.4m for offshore wind terminal
Wind Energy – Terminal
Australia’s state of Victoria has dedicated EUR 76.4m to advance the Victorian Renewable Energy Terminal at the Port of Hastings, aiming to support the development of offshore wind farms.
[Read more…] about Victoria commits EUR 76.4m for offshore wind terminalMarco Polo Marine secures $21m for offshore wind expansion
General – Finance
Marco Polo Marine raised about $21m through a private share placement to fund capital expenditure and specialised vessels supporting offshore wind projects.
[Read more…] about Marco Polo Marine secures $21m for offshore wind expansionPreparation New York Ports for offshore wind
General – New York Port
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 windADNOC secures financing for Hail and Ghasha gas development
General – Finance
In 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 developmentCIP announces new partnership with investor
General – Partnership
Copenhagen 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 investorBerlin to set aside € 7.6 bln to acquire stake in TenneT Germany
General – Acquisition
The 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 GermanyEIB grants green loan for Iberdrola Windanker project
Fossil Energy – Loan EIB
The 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 project