Offshore Wind Energy

MHI Vestas Offshore Wind Named Preferred Suppler For 252 MW Deutsche Bucht Offshore Wind Farm

MHI Vestas Offshore Wind has been selected as the preferred wind turbine supplier for the 252 MW Deutsche Bucht offshore wind project being developed in Germany by owner British Wind Energy. The news, announced in late September, states that MHI Vestas Offshore Wind, the offshore wind-oriented company created by Vestas Wind Systems A/S … [continued]

European Investment Bank Approves €1.3 Billion In Climate Investments

As part of a larger €7.3 billion investment package, the European Investment Bank has approved more than €1.3 billion in new loans for resource efficiency and climate related investment. The European Investment Bank (EIB) announced mid-September that it had approved €7.3 billion in new loans for investment in strategic infrastructure, the environmental and … [continued]

Humber Gateway Offshore Transmission Project Reaches Financial Close

International infrastructure group Balfour Beatty announced Thursday that it had reached financial close for the £162.9 million Humber Gateway offshore transmission project which will connect North Sea offshore wind with the east Yorkshire coast in England. Balfour Beatty revealed on Thursday that its consortium with investment firm Equitix reached financial close … [continued]