European Energy asks for EU help with stalled nearshore wind development
Until now, the Danish government has been rather unaccommodating toward the nearshore wind project, which developer and IPP European Energy has been planning for nine years, but which is now jeopardized by ornithological concerns. Now, the company has instead turned to the EU in the hope of getting a helping hand.
"I'm very excited," said a pleased Mathias Aarup Berg, who serves as head of regulatory affairs for Danish renewable energy developer and independent power producer European Energy, when EnergyWatch met him in Brussels Friday afternoon.
Developer European Energy has received a positive response from the EU regarding project Omø Syd, which is currently on hold due to considerations over migratory birds. The European Parliament has now requested that the Commission launch an investigation into the matter.
John Fredriksen's strained drilling company Seadrill has settled a comprehensive restructuring agreement with a majority of its lenders, which among other things reduced the company's debt liabilities by almost USD 5bn.