The Formosa 2 consortium, consisting of Synera Renewable Energy (SRE) and JERA Nex BP, has reached financial close on what the project shareholders say is the first offshore wind refinancing in both Taiwan and the broader Asia-Pacific region. Supported by SMBC Group as the financial advisor, the con
Stillstrom, part of A.P. Moller – Maersk and based in Denmark, has established a dedicated entity in Aberdeen, Scotland, with plans to roll out its offshore vessel charging solution commercially in the UK. The solution is transitioning from development to commercial deployment, and, according to a p
Q Energy has acquired a stake in the capital of Pennavel, a project company established by a consortium composed of Elicio and BayWa r.e., which is developing a floating wind project in France. Q Energy, a subsidiary of the South Korean industrial group Hanwha, joins the existing shareholders in dev
The US government is working on settlement agreements that involve the government cancelling TotalEnergies’ Attentive Energy and Carolina Long Bay offshore wind leases and reimbursing the French energy company USD 928 million (around EUR 806 million) for the financial bids through which it secured t
Holland Shipyards Group is constructing a specialist shallow draft cable lay barge, purpose-built to support nearshore and inshore cable installation and marine support operations, for Enshore Subsea, with delivery expected this summer. Enshore Advantage is being built at Holland Shipyards Group’s y
Project transfer between developers.
Germany’s RWE has completed the sale of the F.E.W. Baltic II offshore wind project in the Polish Baltic Sea to PGE Polska Grupa Energetyczna (PGE), making the Polish utility the sole owner of the 350 MW project. The offshore wind farm is planned to be built around 50 kilometres north of the Polish t
Offshore wind developer eyes IPO.
Funding round for offshore wind technology company.
Spanish energy company Iberdrola has registered a public takeover bid to acquire the remaining shares of its Brazilian subsidiary Neoenergia, aiming to reach full ownership of the company. Iberdrola, which now officially submitted documentation to the Brazilian Securities and Exchange Commission (CV
Norway-headquartered PASSER Group and Australia’s Qube International are planning to establish a dedicated storage and cable‑handling hub in Singapore with the aim of strengthening regional capability and creating a more efficient, integrated logistics footprint for the energy sector across the Asia
Offshore wind services group broadens offerings.
Chinese manufacturer of offshore wind foundations, Dajin Heavy Industry, is promoting its initial public offering (IPO) on the Hong Kong Stock Exchange after submitting a listing application in September 2025. “Being listed on one of the world’s leading stock exchanges will allow Dajin to access int
Singapore-based shipbuilder and vessel owner Marco Polo Marine has secured approximately SGD 21 million (around EUR 14 million) through a private share placement, with the company planning to channel the funds toward expanding its capabilities in the offshore wind market. The placement involved the
