EnergyWatch

MHI Vestas lands order for 252 MW

The offshore wind turbine manufacturer has finalized its first order since a fire erupted on a prototype, after a Canadian firm reaches financial close with more than EUR 1 billion raised for a German offshore wind farm.

Canada's Northland Power is ready to add another 252 MW to its portfolio of European offshore wind.

The day after the utility completed the takeover of the German offshore wind project Deutche Bucht from Highland Group, Northland is now announcing that the project is financially secure. Around 75 percent of the total investment sum of EUR 1.3 billion was raised in loans from 10 banks.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

EU to address stalled Danish nearshore wind project

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.

Board reshuffle to boost Obton

The Danish solar investor has appointed new board members and now aims to quadruple its photovoltaic business ahead of 2025.

Seadrill secures comprehensive restructuring deal

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.

Further reading

Related articles

Trial banner

Latest News

See all jobs