Velocys is seeking strategic investors for the project, in order to to meet the remaining development capital requirement

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Velocys is seeking strategic investors for the project, in order to to meet the remaining development capital requirement. The final investment decision (FID) is now expected in the second half of 2019
List of the country updates

Country updates

  • May 23, 2018

    Ormat Technologies' owned unit has unloaded the particular interests to a private investor in the project

    Ormat Technologies' owned unit has unloaded the particular interests to a private investor in the project. Following the transaction, Ormat will continue to operate and maintain the facility and get almost all distributable cash flow generated by the power plant

  • May 23, 2018

    Ormat Technologies sells interests of the project

    Ormat Technologies sells interests of the project. Following the transaction, Ormat will continue to operate and maintain the facility and get almost all distributable cash flow generated by the power plant

  • May 22, 2018

    Conti Solar has started the construction of the project

    Conti Solar has started the construction of the project. Completion is scheduled for summer 2018

  • May 22, 2018

    PBF Energy closes US$3.4 billion credit facility

    PBF Holding Company LLC, a subsidiary of PBF Energy, has announced that it and certain of its subsidiaries' have entered into a new five-year revolving credit agreement.

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  • May 22, 2018

    Vineyard has deployed a Seawatch Wind LiDAR buoy, designed and built by Fugro Norway AS, that will measure wind and ocean data to aid the project’s design

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