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Saipem awarded $2bn in offshore contracts
Oil & Gas Latin AmericaItaly’s Saipem has been awarded 2 contracts to install and operate offshore oil projects in Guyana and Brazil for a total value of around $1.9 billion
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BrightCore, Altus team for community solar deal
Renewables North AmericaRenewables company Brightcore Energy and clean power business Altus Power have joined forces to develop a 16,000-panel solar project spanning 19 properties
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OX2 to sell stake in offshore wind projects, Sweden
Renewables EuropeOX2 has agreed to sell a 49% stake in a portfolio of Swedish offshore wind farm projects to the investment arm of the Ingka Group
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Ardian, PIF acquire stake in Heathrow
Transport EuropeArdian and PIF have acquired a 15% stake and 10% stake respectively in Heathrow Airport from Ferrovial for a total value of $2.99 billion
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Encavis divests European renewables portfolio
Renewables EuropeNeubiberg-based Encavis Asset Management has closed the divestment of a 93MW European renewables portfolio for an institutional investor
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Ortega joins Gazelle Wind Power, US
Renewables North AmericaBoston-based Álvaro Ortega has joined innovative floating offshore wind company Gazelle Wind Power as chief financial officer
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Power Sustainable infra fund hits C$800m final close
Renewables North AmericaPower Sustainable has committed C$200 million to reach a final close on the second vintage of its energy infrastructure strategy at C$800 million
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Iberdrola siphons £12bn for UK energy 2024-2028
Renewables EuropeSpanish firm Iberdrola has committed £12 billion into the UK energy sector between 2024-2028, with two-thirds of the investment earmarked for electricity transmission and distribution networks
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Uruguay secures water and sanitation financing
Water Latin AmericaThe government of Uruguay has obtained a $55 million financing from the Plata Basin Financial Development Fund to develop 2 water and sanitation projects
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Public consult out for beleaguered Irish road PPP
Transport EuropeLimerick City & County Council will today hold the first in a series of public consultation meetings for the €900 million M20 Cork-Limerick PPP
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Kellas, Stratera sign hydrogen deal, UK
Renewables EuropeKellas Midstream has signed an agreement to provide low carbon hydrogen from H2NorthEast project in Teesside to Statera Energy’s Saltholme power stations, north England
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TotalEnergies takes minority in Xlinks, UK
Renewables EuropeTotalEnergies has acquired for £20 million a minority stake in Xlinks First Limited, the developer of an £18 billion subsea transmission project between Morocco and the UK
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NEOM sinks $175m into Germany's Volocopter
Renewables EuropeSaudi Arabia's NEOM has made a $175 million investment in German aircraft manufacturer Volocopter through a Series E fundraising, taking a “a significant equity stake” in the company
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Japan allocates 105MW solar tenders
Renewables Asia PacificJapan’s government has announced the results of the18th round of solar power tenders, allocating 105MW in capacity with the lowest bid at $0.0533/kWh
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Northland extends maturity for Taiwan OSW debt tranche
Renewables Asia PacificNorthland Power has adjusted the debt maturity of a short-term credit facility backing the 1.022GW Hai Long offshore wind farm in Taiwan
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Shizen’s Indonesia JV secures funding for C&I solar
Renewables Asia PacificATW Alam Hijau, a JV between Japan’s Shizen Energy, Alamport and Nix Japan Co with the ATW Group, has secured funding for a C&I solar project in Indonesia
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CVE adds solar to Chilean pipeline
Renewables Latin AmericaFrench renewables developer CVE is adding a small-scale solar project to its pipeline in Chile
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Enel appoints CEO for Brazil
Renewables Latin AmericaEnel has appointed Antônio Scala as chief executive of the Brazilian branch, based in São Paulo, Brazil
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Five quit RPS to launch Infravue, Oz
Renewables Asia PacificA team of 5 infrastructure investment advisers quit RPS Group to start their own technical and ESG investment advisory firm – Infravue – specialising on energy, industrial, transport and digital infrastructure assets