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
CIP reaches first close on CI V at nearly EUR 6 billion
General – Finance
On 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 acquiring stakes in North Sea Statfjord Satellites
Fossil Energy – Minority Interest Statfjord
Longboat 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 SatellitesSBM completes US$1.615 billion financing Alexandre de Gusmão
Fossil Energy – FPSO
SBM Offshore has signed the project financing of FPSO Alexandre de Gusmão for a total of US$1.615 billion.
[Read more…] about SBM completes US$1.615 billion financing Alexandre de GusmãoEU invests in preparatory studies for OWF in Northern Adriatic Sea
Renewable Energy – Co-funding
Following the publication of the 2022 CEF Energy call for preparatory studies for cross-border renewable energy projects, one project has been selected requesting EUR 252.500 of EU funding.
[Read more…] about EU invests in preparatory studies for OWF in Northern Adriatic SeaEksfin finances Nexans Norway’s new UK export cable contract
General – Finance
Nexans Norway has secured NOK 2 billion in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract.
[Read more…] about Eksfin finances Nexans Norway’s new UK export cable contractStrategic investment positions Tekmar for accelerated growth
General – Strategic Investment
Tekmar Group announces it has secured a significant strategic investment from SCF Partners, a private equity investor focused on the global energy sector.
[Read more…] about Strategic investment positions Tekmar for accelerated growthFirst green loan to co-finance an offshore grid connection in Baltic Sea
General – Grid Connection
Eurogrid, the parent company of 50Hertz Transmission, has concluded a syndicated contract for a amortisation loan of 600 million euros with a term of ten years with seven banks.
[Read more…] about First green loan to co-finance an offshore grid connection in Baltic SeaYinson invests in Norwegian autonomous vessel start-up
General – Investment
Yinson GreenTech (YTG), a green tech investment branch of the Malaysian FPSO giant Yinson, has announced its strategic investment in a Norwegian startup specializing in autonomous solutions for the maritime industry called Zeabuz.
[Read more…] about Yinson invests in Norwegian autonomous vessel start-upEURO 30 million grant for Tahkoluoto OW demo project
Wind Energy – Demo Project Finland
The Ministry of Economic Affairs and Employment of Finland has granted EURO 30 million for offshore wind power investment in accordance with Finland’s Recovery and Resilience Plan and utilizing the funds available through the EU’s Recovery and Resilience Facility.
[Read more…] about EURO 30 million grant for Tahkoluoto OW demo project