Spanish infrastructure group Acciona has offered to take over wind turbine supplier Nordex, moving to bolster the company's finances amid market "turbulence" in the wake of rival German supplier Senvion's insolvency. Acciona merged its own turbine manufacturing business -- Acciona Windpower -- with Nordex in 2016 amid a wave of industry consolidation. That deal left Acciona, a major global investor in renewables projects through its energy division, with a 29.9 percent stake in Nordex, whose shares trade publicly in Germany. Nordex was the eighth largest wind turbine supplier globally in 2018, and the number-four player outside China, shipping about 2.5 gigawatts.
ENGIE Resources and Amerex Energy Services designed a structure to procure energy sourced from a 306-megawatt project to serve all of the campus' electricity needs.
Norway's Equinor has agreed to sell a 25% stake in Germany's Arkona offshore wind farm for around 500 million euros ($547.85 million), almost doubling the value of its investment, the company said on Thursday.
Google has recently invested a record-breaking amount in renewable energy deals in the United States, Chile, and Europe. They announced 18 new deals, which is by far their largest investment in renewable energy deals.
Shale Markets, Llc / Rystad: Equinor's Mega Offshore Wind Project Gives Hope To Deflated Service Industry
By Offshore Energy Today.. Equinor's big bet on offshore wind will rival major oil projects, Norwegian intelligence group Rystad Energy said on Tuesday following a recent announcement that Equinor will work on the world's... ... Read Full Article Here For more great articles: Offshore Energy Today.
Hermes Infrastructure Fund II will take an initial 20% stake in the portfolio. : Hermes Infrastructure and CGN Europe Energy (CGNEE) have partnered to acquire an 813MW portfolio of five Swedish onshore wind farms from Aquila Capital. Hermes Infrastructure's Fund II will take an initial 20% stake in the portfolio and CGNEE has taken control of the remaining 80%. Aquila Capital will provide asset management services on the portfolio through a management services agreement.
Tech giant's push for greener energy prompts biggest renewable energy deal in corporate historyGoogle's chief executive has revealed plans for the biggest renewable energy deal in corporate history.Sundar Pichai said the clean energy deal will include 18 separate agreements to supply Google with electricity from wind and solar projects across the world. Continue reading...
Britain has launched its first major auction of offshore wind farm leases in a decade, offering sites with the combined potential to power more than six million homes.
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid Renewables to Sell Stake in Arizona Wind and Solar Projects; Axium Infrastructure to Acquire 50% Interest in Two Operating Projects.
Ingka Group, which owns most IKEA stores, said on Friday it would buy an 80% stake in seven Romanian wind farms from wind turbine maker Vestas for 136 million euros ($151 million).