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DECC Pushes Hornsea Project 2 Decision Back by 2 Months
Business & Finance

DECC Pushes Hornsea Project 2 Decision Back by 2 Months

The UK Energy and Climate Change Secretary Amber Rudd will have additional two months to decide whether or not to give DONG Energy the approval to build the 1.8GW Hornsea Project Two wind farm after the deadline was extended to allow further examination on the project’s impact on marine life. More s

about 10 years ago
Gwynt y Môr Keeps Giving Back
Business & Finance

Gwynt y Môr Keeps Giving Back

RWE Innogy UK has pledged further GBP 383,000 to north Wales communities from the community fund linked to the 576MW Gwynt y Môr offshore wind farm, bringing the total amount invested in the area from the wind farm to over GBP 500,000 since the fund was launched in June 2015. 30 not-for-profit group

about 10 years ago
German State Charts Out Offshore Wind Territory
Business & Finance

German State Charts Out Offshore Wind Territory

The Cabinet of Mecklenburg-Vorpommern has adopted a new spatial development programme (LEP) which identifies 185 square kilometres suitable for development of offshore wind farms off the German northern state’s Baltic coast. 13 square kilometres out of the total area identified as suitable for offsh

about 10 years ago
Julius Signal to Boost Tideland’s Aids to Navigation Portfolio
Business & Finance

Julius Signal to Boost Tideland’s Aids to Navigation Portfolio

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending its portfolio of marine and offshore aids to navigation offerings. Julius Signal originated from Pintsch Aben’s marine and aviation signalization business. Ti

about 10 years ago
Offshore Energy 2016: Registration Open
Business & Finance

Offshore Energy 2016: Registration Open

The registration for Offshore Energy Exhibition & Conference 2016 (OEEC 2016) is now open. The ninth edition of this event is expected to attract 11,500 offshore professionals and more than 650 exhibiting companies. Offshore Energy is an annual event focused on the complete offshore energy industry.

about 10 years ago
Natural Power Moves French Head Office Closer to Offshore Wind Action
Business & Finance

Natural Power Moves French Head Office Closer to Offshore Wind Action

Scotland-headquartered renewable energy consultancy Natural Power is transferring its French head office functions to Nantes to be closer to the offshore wind farm projects in the Pays de la Loire, and to take advantage of the region’s attractiveness which facilitates the recruitment of executives w

about 10 years ago
Lithuania Clearing Path for Offshore Wind Projects
Business & Finance

Lithuania Clearing Path for Offshore Wind Projects

The Lithuanian Cabinet has approved amendments to the country’s renewable energy law aimed at kick-starting development of offshore wind power generation in the Baltic Sea. Lithuanian Prime Minister Algirdas Butkevičiaus said that this is a long-term project and that the construction of the first wi

about 10 years ago
DONG Sets Out IPO Offering and Price Range
Business & Finance

DONG Sets Out IPO Offering and Price Range

DONG Energy will sell up to 17.4% of the existing shares through the Initial Public Offering (IPO) scheduled for June 2016, with the indicative prince range set at DKK 200 to DKK 255 per share, corresponding to an implied market capitalisation of the company of DKK 83.5 billion to DKK 106.5 billion

about 10 years ago
MacArtney Acquires German Subsea Equipment Provider
Business & Finance

MacArtney Acquires German Subsea Equipment Provider

MBT GmbH, part of the MacArtney Group, has acquired Bremen-based CPU GmbH, provider of equipment for underwater technical systems, as of 1 April 2016. CPU GmbH remains an independent entity with Christoph Reuter carrying on his job as Managing Director of the company. CPU GmbH will relocate to the I

about 10 years ago
New Guide Shows Oil and Gas Players the Way to GBP 210 Billion Offshore Wind Bounty
Business & Finance

New Guide Shows Oil and Gas Players the Way to GBP 210 Billion Offshore Wind Bounty

BVG Associates (BVGA) has, on behalf of Scottish Enterprise, produced a guide to highlight the opportunities for the oil and gas supply chain in the GBP 210 billion global offshore wind CAPEX and OPEX expected by 2025. The global oil and gas downturn continues to significantly impact the North Sea o

about 10 years ago
Eneco Seeks EUR 450 Million EIB Loan for Norther Offshore Wind Project
Business & Finance

Eneco Seeks EUR 450 Million EIB Loan for Norther Offshore Wind Project

Eneco Holding N.V. has applied for a EUR 450 million loan at the European Investment Bank (EIB) for the construction of the 370MW Norther offshore wind farm in the Belgian North Sea. The application is currently under appraisal EIB said, without specifying when the final decision will be made. The N

about 10 years ago
Regen SW: Who Actually Owns UK Offshore Wind?
Business & Finance

Regen SW: Who Actually Owns UK Offshore Wind?

Regen SW published an article titled “UK Offshore wind: Who actually owns it?” today. You can read the article below. Recent weeks have seen mixed news for the offshore wind sector in the UK, including the positive announcement of the final investment decision for 588 MW Beatrice and the more disapp

about 10 years ago
Linklaters Helps Bring Beatrice to Financial Close
Business & Finance

Linklaters Helps Bring Beatrice to Financial Close

London-headquartered law firm Linklaters has advised SSE Renewables, Copenhagen Infrastructure Partners and SDIC Power on the construction and financing of the GBP 2.6 billion Beatrice offshore wind farm. Linklaters advised on all aspects of the project, including on the GBP 1.9 billion debt financi

about 10 years ago
MHI Vestas Heads to The Big Easy
Business & Finance

MHI Vestas Heads to The Big Easy

MHI Vestas Offshore Wind has sent two members of its executive management team to New Orleans to share the lessons learnt from over two decades of experience in erecting offshore wind farms in Europe with their American colleagues during the WINDPOWER 2016 conference organised by the American Wind E

about 10 years ago
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