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Business & Finance

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Copenhagen Infrastructure Partners Invests in Beatrice Offshore Wind Farm
Business & Finance

Copenhagen Infrastructure Partners Invests in Beatrice Offshore Wind Farm

Copenhagen Infrastructure Partners has acquired 25% of the UK offshore wind project Beatrice. The Beatrice project is located in Outer Moray Firth, Scotland and is one of five offshore wind projects in the UK awarded an Investment Contract by the UK government (fixed inflation indexed settlement pri

about 11 years ago
GEV Offshore Gets GBP 50K from SCORE
Business & Finance

GEV Offshore Gets GBP 50K from SCORE

Grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), has awarded over £50,000 to GEV Offshore, one of the UK’s specialist engineering and offshore access companies. This funding will enable the company to take its pioneering habitat structure for the offshore renewable sec

about 11 years ago
Jack-Up Barge Orders Temporary Living Quarters from AOS
Business & Finance

Jack-Up Barge Orders Temporary Living Quarters from AOS

Jack-Up Barge has recently placed a significant order with Malaysian-based Asian Offshore Services (AOS) for additional Zone 2 blast-rated Temporary Living Quarters (TLQs), as the Netherlands-based company continues to grow their accommodation services offering. The Jack-Up Barge fleet has the capac

about 11 years ago
Siemens Wind Division Struck by Turbine Charges
Business & Finance

Siemens Wind Division Struck by Turbine Charges

Siemens released its financial figures for the fourth quarter and fiscal year 2014 today, reporting that its fourth-quarter profit in the Energy Sector declined to €403 million, as ongoing challenges within the Sector led to lower results year-over-year. A year earlier, fourth-quarter profit of €564

about 11 years ago
Swedes, Chinese Ink Floating Offshore Wind Deal
Business & Finance

Swedes, Chinese Ink Floating Offshore Wind Deal

Deepwater Windenergy Investment AB (DWI), a Swedish renewable energy developer specialized in floating offshore wind power, has entered into a cooperation agreement with Powerchina Beijing Engineering Corp. Ltd. According to the agreement, Powerchina Beijing Engineering will evaluate the offshore wi

about 11 years ago
Orca Offshore Finalist for Bentley “Be Inspired” Award
Business & Finance

Orca Offshore Finalist for Bentley “Be Inspired” Award

Orca Offshore has been made finalists for the upcoming Bentley “Be Inspired” awards category Innovation in Offshore engineering – part of “The Year In Infrastructure 2014 conference”. The nomination for this prestigious award comes from the work performed for the Centrica F3-Fa self installing platf

about 11 years ago
French Government OKs GE-Alstom Deal
Business & Finance

French Government OKs GE-Alstom Deal

The French government has approved General Electric’s bid to acquire Alstom power unit for EUR 12.35 billion. Earlier this year, Alstom board unanimously voted for GE’s bid rejecting Siemens-Mitsubishi Heavy offer comprising EUR 8.2 billion cash and an asset swap. After the deal closes, 65,000 Alsto

about 11 years ago
CTruk’s Offshore Wind Business Gains Momentum
Business & Finance

CTruk’s Offshore Wind Business Gains Momentum

CTruk recently signed the lease on a 6400m2 site on the Colne Estuary, a few miles upriver from its current Brightlingsea base. The company plans to use the Fieldgates site in Haven Road, The Hythe, East Colchester to build larger vessels required for offshore wind farm projects further out to sea.

about 11 years ago
Wirescan Tests TenneT’s Offshore Export Cables
Business & Finance

Wirescan Tests TenneT’s Offshore Export Cables

During the two first weeks of September, Wirescan had been performing LIRA measurements on three different export cables in the German North Sea. The assignments were both baseline measurements (fingerprint) and second measurement for condition monitoring. The tests were performed from both the onsh

about 11 years ago
OpenHydro, Emera Launch New Tidal Joint Venture
Business & Finance

OpenHydro, Emera Launch New Tidal Joint Venture

Tidal technology group, OpenHydro, a DCNS company, and its Canadian partner Emera Inc. have formally launched a new joint venture business, called Cape Sharp Tidal. The announcement was made at the fifth International Conference on Ocean Energy (ICOE), which is taking place 4-6th November in Halifax

about 11 years ago
IRENA Holds Council Meeting on Actions to Scale-Up Global Renewables
Business & Finance

IRENA Holds Council Meeting on Actions to Scale-Up Global Renewables

The International Renewable Energy Agency (IRENA) gathered representatives from over 90 countries in Abu Dhabi to review and recommend actions to scale-up renewable energy around the world. The two-day meeting opened on the heels of the release of the latest report by the Intergovernmental Panel on

about 11 years ago
Linklaters Advises on 270MW Wind Farm Connection Funding
Business & Finance

Linklaters Advises on 270MW Wind Farm Connection Funding

Linklaters advised a consortium of Transmission Investment LLP, Amber Infrastructure and International Public Partnerships (together, Transmission Capital Partners) in relation to the acquisition and financing by the European Investment Bank of the offshore transmission assets connecting the 270MW L

about 11 years ago
DNV GL, Grontmij Set TenneT as Regular Supplier for Dutch HV Grid
Business & Finance

DNV GL, Grontmij Set TenneT as Regular Supplier for Dutch HV Grid

On 31 October 2014, a consortium of DNV GL and Grontmij signed a framework agreement with TenneT TSO for the provision of engineering services. Based on the framework agreement, the consortium and its partners Roos+Bijl and Joulz will support TenneT in the further development of the Dutch high-volta

about 11 years ago
EIB Lends GBP 168 Mln for Lincs Connection
Business & Finance

EIB Lends GBP 168 Mln for Lincs Connection

The European Investment Bank (EIB) has agreed to provide GBP 168 million for a new connection between the Lincs offshore wind farm and the UK national transmission network. The approximately 100km connection, between high voltage transmission connections on the mainland and the 270MW Lincolnshire wi

about 11 years ago
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