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Business & Finance

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Offshore WindWind FarmsBusiness Developments & ProjectsFossil EnergyOil & GasExploration & Production
Image showing locations of the three offshore wind farms CPP now has stake in
Business & Finance

CPP earmarks around € 350 million for French offshore wind farms

Canada Pension Plan Investment Board (CPP Investments) will pay approximately € 80 million for its recently bought stake in Éolien Maritime France (EMF) from Enbridge. The Canadian company, through its fully owned subsidiary CPP Investment Board Europe, has acquired 49 per cent of Enbridge’s 50 per

about 6 years ago
LNG Canada terminal
Business & Finance

South Korean bank to provide loan for LNG Canada pipeline

South Korea’s KB Kookmin Bank will lend 240 million Canadian dollars ($171 million) for the construction of a pipeline that will supply gas to the Shell-led LNG Canada project. KB Kookmin Bank said in a statement that it is the only South Korean lender taking part in the Coastal GasLink project fund

about 6 years ago
Murphy Oil
Business & Finance

Murphy Oil plans to curb May output by 40,000 bpd, moves HQ to Houston

Murphy Oil plans to reduce its output in May by 40,000 barrels of oil equivalent per day, with the majority planned from offshore wells.

about 6 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Hohe See Lifts Enbridge in Q4

Canadian energy infrastructure company Enbridge Inc. has reported an adjusted EBITDA of CAD 119 million (EUR 82.9 million) at its Renewable Power Generation division in the last quarter of 2019, CAD 21 million more than in the same period a year earlier. The increase was attributed to contributions

about 6 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Canadians Refinance Stake in Germany’s Largest Offshore Wind Farm

Canada Pension Plan Investment Board (CPP Investments) has completed a EUR 510.6 million green bond refinancing of its minority interest in the Hohe See and Albatros offshore wind farms in Germany. In total, over EUR 510 million of senior secured notes were issued on Tuesday, 11 February and placed

about 6 years ago
Canadian Offshore Wind Project Moves Forward
Business & Finance

Canadian Offshore Wind Project Moves Forward

NaiKun Wind Energy Group has signed an indicative offer with an offshore wind developer to develop the NaiKun offshore wind project in British Columbia, Canada. The parties are working to negotiate and sign a definitive agreement in the next few weeks, which will provide technical expertise, dedicat

about 7 years ago
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