GIP sells its stake in the Gode 1 wind farm
Global Infrastructure Partners (GIP) plans to sell 50% of its stake in its Gode 1 offshore wind project. The company is now making the terms for the sale. The project has an energy output of 330 MW and is located in the German North Sea.
There are at least 10 bidders who have expressed interest in the sale, and that the bidding will commence in Dec. 3, 2018.
To prepare for the sale, GIP has selected the following advisers:
- Clifford Chance - legal adviser
- Hengeler Mueller - legal adviser
- Macquarie Capital - financial adviser
- Wood Group - technical adviser
Country updates
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November 15, 2018
All turbines feeding power at 450-MW Borkum Riffgrund 2 in Germany
MHI Vestas has announce first power on all 56 turbines has now been achieved at Borkum Riffgrund II in Germany. The wind farm is expected to produce green energy to cover the consumptio...
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November 01, 2018
Nordex to supply turbines for 57.6 MW cluster wind farm in Germany
The Nordex Group has secured an order for a total of 57.6 MW for a cluster of wind farms in Mecklenburg-Western Pomerania, Germany. The "Hoort" wind farm is a joint project by LOSCON GmbH, a...
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October 30, 2018
Iberdrola inaugurates 350 MW offshore wind farm in the Baltic Sea
Iberdrola has announced that it has inaugurated the Wikinger offshore wind farm, a 350 MW facility located off the north-east coast of the German island of Rügen. It is the first offsho...
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October 26, 2018
E.ON and Equinor complete construction of 385 MW offshore wind farm in the German Baltic Sea
E.ON has announced that Arkona offshore wind farm, comprised of 60 6 MW wind turbines in the German Baltic Sea, is fully built. In partnership with Norwegian energy company Equinor...
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October 23, 2018
juwi wins four wind projects in Germany
juwi has announced that it was successful in Germany's Federal Network Agency's fourth onshore wind tender. The company secured awards for projects in Beelitz (Brandenburg)...
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