Falck Renewables announces an equal partnership with BlueFloat Energy for the development of floating offshore wind farms off the Italian coast and the start of the authorization process for the first project in Puglia, called Kailia Energia, in the waters of Brindisi.
Floating offshore wind is a game-changing technology for the energy transition. By laying the foundations for the growth of renewable energy in Italy, it contributes to the achievement of the 2030 national decarbonization targets. This technology allows wind turbines to be positioned in the deep, open sea without the need for a fixed foundation. This feature not only minimizes the impacts on the marine and terrestrial environments during all project’s phases but allows also to intercept the wind resource where it is more abundant, thus increasing farms’ efficiency.
Kailia Energia offshore wind project has an expected installed capacity of about 1.2 GW, providing annual production of 3.5 TWh. This is equivalent to the consumption of 1 million Italian households and will avoid the emission of 2 million tons of CO2 into the atmosphere every year.
Copenhagen Offshore Partners, with the financial backing of Copenhagen Infrastructure Partners, is planning to develop a 250 MW floating offshore wind farm of the shore of Sicily. The farm will be the first floating wind farm in the Mediterranean and will be located in the strait of Sicily off the south-western coast of the island near Marsala in Trapani province.
Read more
Siemens Gamesa Renewable Energy has reached an agreement to acquire selected European assets of Senvion Group for EUR200 million (US$223 million).
Read more
Total Eren has announced the closing of the Novenergia transaction, which involves the acquisition of more than 650 MW of renewable assets across Europe and raising of a EUR250 million (US$281 million) acquisition facility.
Read moreThe Trans Adriatic Pipeline (TAP) successfully completed financial close in December 2018, securing EUR3.9 billion (US$4.44 billion) - the largest project finance agreed for a European infrastructure project in 2018.
Read moreEnel Finance International N.V. (EFI), an Enel Group finance company controlled by Enel S.p.A., has successfully placed its third green bond on the European market, reserved for institutional investors and backed by a guarantee issued by Enel.
Read more