Search results for: cape

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  • 26 March 2014
    Business & Finance

    Marking another major Cape Wind financing milestone, Cape Wind and The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) today added Natixis and Rabobank to serve as the project’s Lead Arrangers, to work with BTMU to structure and arrange the syndication of the senior debt financing to additional lenders. The Lead Arrangers are expected themselves to make […]

  • 16 August 2012

    After years of careful aeronautical review of Cape Wind, the project received FAA approval in the form of this ‘Determination of No Hazard’. This is the fourth ‘Determination of No Hazard’ Cape Wind has received from the FAA since the agency began its review of the project in 2002. FAA’s review and approvals of Cape […]

  • 7 July 2017
    Business & Finance

    French industrial services provider Altrad has launched a takeover offer for Cape plc, a provider of services to the energy and natural resources sectors. Altrad UK’s subsidiary Altrad Bidco will acquire the entire issued and to be issued ordinary share capital of Cape in a deal which will, if approved, see Cape shareholders receive 265 […]

  • 22 December 2015

    Cape plc, a UK-based oilfield services firm, has via its Socar Cape joint venture won a contract extension from BP in Azerbaijan. The two-year extension is for the provision of Fabric Maintenance Services at its onshore and offshore assets in Azerbaijan. The contract has an estimated value of over $90 million. Joe Oatley, Chief Executive of Cape, […]

  • 8 April 2020

    CAPE Holland is the world leading provider of offshore Vibro piling solutions. It’s unique Vibro Lifting Tool (VLT) is a vibratory hammer and certified lifting tool hybrid, which is able to upend a pile, lift it to the seabed and start installing straight away (monitoring verticality during driving). All this without any tool changes, outrigger […]

  • 9 September 2011

      Conservation Law Foundation (CLF) issued the following statement in defense of the Cape Wind power purchase agreement, currently being disputed by opponents of the project. The Massachusetts Supreme Judicial Court heard oral arguments on the case today.  Seth Kaplan, Vice President for Policy and Climate Advocacy at Conservation Law Foundation, said, “The Massachusetts Department […]

  • 27 May 2013

    Cape Wind has responded to Associated Industries of Massachusetts (AIM)  / Massachusetts Competitive Partnership (MCP) newspaper ad by issuing the following press release:  Big Picture: Cape Wind has been reviewed carefully for 12 years, during which time it has earned the approval of 17 Federal and State agencies that have confirmed Cape Wind would create […]

  • 15 April 2014
    Business & Finance

    Wood Group has acquired Cape Software (“Cape”), a Texas provider of simulation software and services for operator training and logic validation for SCADA and DCS industrial control systems used by the oil & gas and other process-based industries. Cape will become part of the MSi Kenny Products business within Wood Group Kenny. Cape’s revenue for […]

  • 15 April 2014
    Equipment

    Wood Group has acquired Cape Software (“Cape”), a Texas provider of simulation software and services for operator training and logic validation for SCADA and DCS industrial control systems used by the oil & gas and other process-based industries. Cape will become part of the MSi Kenny Products business within Wood Group Kenny. Cape’s revenue for […]

  • 4 May 2014
    Authorities & Government

    U.S. Federal Judge Richard Stearns has dismissed Cape Wind opponents’ lawsuit, which challenged Cape Wind’s Power Purchase Agreement (PPA) with NSTAR. The District Court’s decision rejected all claims against the Commonwealth of Massachusetts, NSTAR and Cape Wind.  Judge Stearns noted in his decision that the lawsuit would violate the 11th Amendment to the Constitution of […]

  • 29 August 2014
    Business & Finance

    Even though the Cape Wind project, the first proposed offshore wind farm in the U.S., is fully permitted and nearing completion of the project financing phase, its opponents are putting their last efforts into preventing the installation of wind turbines off the coast of Cape Cod, Massachusetts.  Opponents of the Cape Wind project have filed a brief with the U.S. […]

  • 29 August 2014
    Business & Finance

    Even though the Cape Wind project, the first proposed offshore wind farm in the U.S., is fully permitted and nearing completion of the project financing phase, its opponents are putting their last efforts into preventing the installation of wind turbines off the coast of Cape Cod, Massachusetts.  Opponents of the Cape Wind project have filed a brief with the U.S. […]

  • 3 January 2012

    Jim Gordon explained how the SJC decision to uphold the approval of the Cape Wind contract with National Grid helps propel the project forward. „I think big wind means that there is huge offshore wind resource right off the coast of Massachusetts that we can tap for greater energy independence, more stable electric costs, new […]

  • 27 November 2012

    Cape Wind secured another major milestone with the approval by the Massachusetts Department of Public Utilities (DPU) of the 15-year Power Purchase Agreement (PPA) with NSTAR to buy Cape Wind’s energy, capacity and renewable energy credits.  Cape Wind President Jim Gordon said, “This decision helps secure the position of Massachusetts as the U.S. leader in […]

  • 4 November 2011

    Cape Wind produced a new report today entitled, ‘Cape Wind & Massachusetts – Creating Jobs and Providing Clean Power to Massachusetts’. This new report details how Cape Wind can uniquely deliver large scale clean energy benefits to Massachusetts, create jobs and enhance energy security and reliability. Half of Cape Wind’s power has already been sold […]

  • 19 December 2018
    Business & Finance, Equipment

    CAPE Investment Partners has acquired majority shareholding in CAPE Holland and FoundOcean from the private equity investor Ambienta. With the new shareholder, a new phase for both companies will start. The companies aim to further grow their unique market positions in the rapidly expanding offshore wind and recouping offshore oil and gas markets. From monopiles […]

  • 27 February 2014
    Business & Finance

    Cape Wind has ensured a cash injection worth USD 600 million for its Cape Wind offshore wind project from Danish Export Credit Agency (EKF), Jim Gordon, the company’s president, announced yesterday. Cape Wind informed via social media that Mr. Gordon brought the news while speaking at GreenPower’s USA Offshore Wind Conference in Boston, saying that […]

  • 27 May 2013

    Cape Wind has responded to Associated Industries of Massachusetts (AIM)  / Massachusetts Competitive Partnership (MCP) newspaper ad by issuing the following press release:  Big Picture: Cape Wind has been reviewed carefully for 12 years, during which time it has earned the approval of 17 Federal and State agencies that have confirmed Cape Wind would create […]

  • 4 May 2014
    Authorities & Government

    U.S. Federal Judge Richard Stearns has dismissed Cape Wind opponents’ lawsuit, which challenged Cape Wind’s Power Purchase Agreement (PPA) with NSTAR. The District Court’s decision rejected all claims against the Commonwealth of Massachusetts, NSTAR and Cape Wind.  Judge Stearns noted in his decision that the lawsuit would violate the 11th Amendment to the Constitution of […]

  • 18 July 2012

    Following FAA Investigation on Cape Wind, Communications Director Mark Rodgers released the following statement: Cape Wind has been closely reviewed and considered for 10 years by Republican and Democratic administrations, which have both come to the same conclusion: Cape Wind will provide substantial benefits to the nation by jumpstarting the clean energy future, creating hundreds […]

  • 6 January 2016
    Business & Finance

    Cape plc, a provider of industrial services to the energy and natural resources sectors, has formed a Joint Venture company with Olio Resources Sdn Bhd in order to serve the Malaysian market. Cape says the new joint venture will bring together the capacity, experience and skills of both organisations. Established in 1995 by a group of […]

  • 26 January 2011
    Business & Finance, Equipment

    Cape Industrial Services Ltd has awarded EnerMech a three year contract for the provision of plant and equipment support. The contract, worth an estimated £4.5 million (approximatelyUSD $7.1 million) , covers the rental and supply of power generation and blasting, tooling, lifting and rigging equipment for Cape’s UK and Dutch North Sea offshore contracts, which […]