Copenhagen Infrastructure Partners (CIP) has reached a first close on Copenhagen Infrastructure IV (CI IV) investment fund with EUR 1.5 billion. The fund, planned to be worth EUR 5.5. billion, will become the largest one within renewable energy infrastructure investments, according to the investment
SSE plc is planning to invest more than £7 billion over the next five years in major low-carbon construction projects to support the net-zero target and spur a green economic recovery. The plan will see SSE invest almost GBP 4 million every day for the next five years on projects, including the GBP
Jiangsu Zhenjiang Shipyard has launched the second of the two specialized deck carriers ordered by United Wind Logistics (UWL) and chartered out to MHI Vestas. The 10,000 DWT full electric propulsion deck carrier, MV BraveWind, was launched in Zhenjiang, China, on Monday, 15 June. MV BraveWind’s sis
Royal IHC and MARIN have completed dynamic positioning (DP) assessment tests for an autonomous Service Operation Vessel (SOV) at MARIN’s basins in Wageningen, the Netherlands. The autonomous software will allow for the vessel, SOV T60-18, to carry out operations while under the supervision of the du
The second offshore substation platform (OSP) has been installed at the 857 MW Triton Knoll wind farm offshore Lincolnshire, the UK. The installation of OSP East, the last of the project’s two OSPs, was carried out by Seaway Strashnov overnight on Monday 15 June. “This is an important step in ensuri
The UK National Grid has secured a green loan worth USD 743 million to finance the Viking Link interconnector project. This the first ever multi-credit export agency (ECA) covered green loan and follows the launch of the National Grid’s first green bond earlier this year, which raised EUR 500 millio
Trianel Windkraftwerk Borkum has issued a contract notice for insurance policy services covering the 200 MW Trianel Windpark Borkum I offshore wind farm in the German North Sea. The contract covers combined property damage and business interruption all risks insurance for the operational phase of th
BOA’s offshore construction vessel (OCV) BOA Sub C has secured a contract with DEME Offshore for work on the Moray East offshore wind project in Scotland. Under the contract, which began on 15 June, the vessel’s scope of work includes accommodation, walk-to-work with Ampelmann gangway system, grouti
Van Oord plans to lay off approximately 500 employees globally due to COVID-19 impacts on the business. Van Oord stated that the coronavirus situation is having a major impact on the company as it is facing a decline in turnover and deterioration in results. The Rotterdam-headquartered company estim
Henrik Poulsen has resigned his position as CEO of Ørsted after eight years in the role. Poulsen will continue as CEO until 31 January 2021 at the latest and will be nominated for the company’s Board of Directors at the next annual general meeting (AGM) in March. “It’s been an incredible ride over t
Seagreen Wind Energy has finalised the wind turbine supply contract with MHI Vestas Offshore Wind, following the preferred supplier agreement signed at the beginning of June. Under the contract, MHI Vestas is in charge of manufacturing and installing 114 of its V164-10 MW turbines for the Seagreen 1
Cable laying vessel (CLV) Nexans Aurora has arrived at Ulstein Verft in Norway, where outfitting work will be carried out. Nexans Aurora began its trip to Norway from the CRIST shipyard in Poland a few days ago. The hull will now be towed into the dock hall at Ulstein Verft before activities such as
Dutch energy infrastructure company Gasunie has issued a tender seeking consultancy services for the North Sea Wind Power Hub (NSWPH) program. Under the 18-month contract, the selected company will be in charge of providing consultancy services with regards to offshore hub design, connection configu
Danish company MHO-Co has signed a contract with Afai Southern Shipyard in China for the construction of two crew transfer vessels with hybrid propulsion for the Hornsea Project Two offshore wind farm. The two vessels are scheduled for delivery in the summer of 2021, after which they will start work
