Mainstream sells 450 MW Scottish offshore wind project to EDF
The EDF Group, via EDF Renewables in the United Kingdom, a joint subsidiary of EDF Energy and EDF Energies Nouvelles, has bought the Neart na Gaoithe offshore wind project, located in Scotland, from Mainstream Renewable Power, following a competitive bidding process.
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Country news
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April 11, 2018
Emerging Africa Infrastructure Fund raises US$385 million
The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), has announced that it has successfully completed its latest fundraising round, raising US$385 million in new long-term debt capital to invest in Africa.
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April 05, 2018
EDPR sells 33.4% interest in 950 MW offshore wind project in the UK
EDP Renewables S.A. (EDPR), through its subsidiary EDPR UK Limited (EDPR UK), has closed the sale of a 20% stake in the Moray Offshore Windfarm (East) Limited (MOWEL) to Diamond Generating Europe Limited (DGE), a wholly owned UK-based subsidiary of Mitsubishi Corporation.
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March 06, 2018
300 MW open cycle gas turbine project in UK reaches financial close
InterGen has announced the financial close of credit facilities for its 300 MW natural gas-fired Spalding Energy Expansion project in Spalding, Lincolnshire, England. The project involves the installation of an open cycle gas turbine unit at the company's existing gas-fired power station.
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February 27, 2018
Funding announced for 1.4 GW Germany-UK transmission project
A consortium comprising Meridiam, Allianz Capital Partners, on behalf of Allianz Group, and Kansai Electric Power have announced that they will fund NeuConnect Britain Ltd, a newly set up operating company, which will build the first direct power link between Germany and the UK.
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February 26, 2018
Ørsted confirms 50% farm-down of 1.2 GW Hornsea 1
Ørsted has confirmed that it is in exclusive discussions regarding a 50% farm-down of the Hornsea One offshore wind farm. This will be the largest operating offshore wind farm in the world once commissioned in 2020.
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