Offshore Wind
IPO Results Value DONG at EUR 13.2 Billion
DONG Energy has announced the results of its Initial Public Offering (IPO) through which 17.4% of the company’s shares have been allocated to more than 36,000 new investors at the final offer price of DKK 235 (EUR 31.6), leading to a market capitalisation of the company of DKK 98.2 billion (EUR 13.2
Taiwan Meets ZephIR Lidar
A workshop presenting developments in resource assessment using continuous wave lidar was held over the last two days. In collaboration with Smartec, ZephIR Lidar’s Senior Sales Manager, Matt Smith, described IEC61400-12 trends and practices, complex terrain assessment and bankable data for offshore
Balfour Beatty to Build Substation in Blyth
Balfour Beatty will construct an electricity substation at Blyth for the Blyth Offshore Wind Demonstrator project, developed by EDF Energy Renewables. The power generated by the wind farm will be supplied to the substation for transmission to the National Grid. The turbines will provide enough low c
Fred. Olsen Ocean Targets Farshore Wind Farms with Heliport Concept
Fred. Olsen Ocean has introduced a standalone offshore heliport concept expected to enable the offshore wind industry to integrate helicopter use into the operations and maintenance of its next generation of farshore wind farms. Fred. Olsen Windcarrier’s UK General Manager David Matthews has said th
Fred. Olsen Ocean Targets Farshore Wind Farms with Heliport Concept
Fred. Olsen Ocean has introduced a standalone offshore heliport concept expected to enable the offshore wind industry to integrate helicopter use into the operations and maintenance of its next generation of farshore wind farms. Fred. Olsen Windcarrier’s UK General Manager David Matthews has said th
German Federal Cabinet Sends 2016 Renewable Energy Sources Act to Parliament
Germany’s Federal Cabinet has completed the amended 2016 Renewable Energy Sources Act (EEG 2016) which will now be sent to the Parliament (Bundestag and Bundesrat). The amended EEG 2016 includes a draft bill for the development and promotion of offshore wind energy –WindSeeG, which proposes two offs
Swire Blue Ocean to Install Beatrice’s Turbines
Swire Blue Ocean has signed a contract with Siemens to provide a wind farm installation vessel for the installation of 84 Siemens 7MW wind turbines at the Beatrice offshore wind farm. The company said the latest contract adds to the pipeline of projects that it has secured for its fleet of wind farm
BOEM Releases Environmental Assessment of New York Offshore Wind Lease Area
The US Bureau of Ocean Energy Management (BOEM) has announced the availability of an Environmental Assessment (EA) for commercial wind lease issuance, site characterization activities, and site assessment activities on the Atlantic Outer Continental Shelf offshore New York. The EA considers the pote
Shell Announces Stronger Focus on New Energies
Shell plans to establish a New Energies business as part of future opportunities that company wants to take advantage of, according to an update on Shell’s strategy provided by the company’s CEO, Ben van Beurden. Van Beurden defined three categories of Shell’s portfolio priorities: cash engines, gro
Van Oord, Highland Group Team Up for Deutsche Bucht OWF
Van Oord and Highland Group Holdings Ltd. have signed a cooperation agreement for the development, financing and construction of the offshore wind farm Deutsche Bucht in Germany. The two companies intend to participate in the equity for the offshore wind farm. Financial close is scheduled for the fi
Van Oord, Highland Group Team Up for Deutsche Bucht OWF
Van Oord and Highland Group Holdings Ltd. have signed a cooperation agreement for the development, financing and construction of the offshore wind farm Deutsche Bucht in Germany. The two companies intend to participate in the equity for the offshore wind farm. Financial close is scheduled for the fi
Blyth OWF’s Tech Significant Step in Evolution of OW Industry
RenewableUK has welcomed the announcement that EDF Energy Renewables (EDF ER) is to start work on the Blyth offshore wind farm. The implementation of innovative new technology, such as 66 kilovolt cabling and concrete gravity base foundations for the first time in British waters, are significant ste
DONG Shares for Retail Investors Fly off the Shelf
DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g
DONG Shares for Retail Investors Fly off the Shelf
DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g