3i Infrastructure plc and AMP Capital have completed the joint acquisition of 100% of Danish company ESVAGT A/S from Maersk Group, following clearance from the European Commission under the EU Merger Regulation. The transaction was announced in July this year, where by 3i Infrastructure invested £11
Dong Energy is intending to pursue an initial public offering within 18 months, subject to market conditions. The Danish company announced last week it will initiate the preparations “to allow the IPO to take place as soon as possible.” Dong Energy will continue to strengthen its position with a div
Two of East Yorkshire’s offshore energy training providers are working in partnership to deliver the basic requirements for those wishing to work in the renewables industry. This training includes working at heights, marine safety, first aid, fire safety and manual handling. Humberside Offshore Trai
The Government’s Manufacturing Advisory Service (MAS) has been assisting Siemens in its active search for UK suppliers, particularly for its Hull factory on Alexandra Dock. Paul Savvides, Head of Procurement UK and Ireland, Siemens Wind Power, received support from Fred Mead of the UK Government’s M
With the scheme to provide a new state of the art Marine Business Park in the North Quay area of Hayle now nearing completion, individuals and companies involved in the marine renewables and marine technology sectors are being offered the opportunity to move into the development. The project has bee
VolkerWessels reported that it achieved good results in the first half of 2015. The operational profit increased to €97 million and the company was also able to achieve a net debt reduction of €90 million. CFO Jan van Rooijen said: “All VolkerWessels sectors have shown a profit for the first six mon
Wind Minds has signed a memorandum of understanding (MoU) with Korea’s submarine solutions firm Haechun to cooperate on offshore wind projects with a focus on Asia and Europe. It has been agreed that Wind Minds will partner with Haechun to investigate cooperation opportunities in the field of offsho
ROVOP has revealed more than £2.5 million worth of new contract wins in the last month from its Aberdeen and Houston offices across the oil, gas and offshore wind markets. Work scopes for the projects, extending into Q3 2016, include Inspection, Repair and Maintenance (IRM) on several major North Se
Site Selection magazine has named Dominion as one of the U.S. top 10 utilities for economic development. The publication cites that Dominion’s economic development team helped bring more than $2.7 billion in corporate facility investments supporting 3,615 new jobs in its footprint last year. The gro
Acta Marine has announced that Rob Boer will join its management board as managing director end of September. Rob Boer (53) has held leadership positions at Dockwise, Nordic Heavy Lift, Van Es Group/Jack-up Barge and recently focused on the offshore wind service and support markets. Acta Marine has
HUSUM Wind trade fair, where industry businesses and representatives have came together to showcase their innovations and services – onshore and offshore – along the whole supply chain, has officially opened. During the opening ceremony representatives of government, industry and associations emphas
Aquamarine Power and the National University of Ireland, Maynooth (NUIM) have together secured an €800,000 EU Horizon 2020 grant to improve the performance of Aquamarine Power’s Oyster wave energy converter. The company has already built and operated two full-scale Oyster machines at the European Ma
Atlantis has appointed Simon Counsell as Chief Financial Officer (CFO). The company has accepted the resignation of Duncan Black as CFO, who will step down on 18 September 2015, due to the intended relocation of the corporate headquarters, including the finance and administration function, to Scotla
Scottish Enterprise (SE), an executive Non-Departmental Public Body of the Scottish Government, has published its annual results, which show that GPB 16.3 million has been written off in relation to wave energy company Pelamis Wave Power. “Our ambitions in relation to Wave Energy were adversely affe
