Contracts and deals - Page 1

Stay up to date with the latest Contracts and deals updates from the global modern power systems industry

Latest Contracts and deals Update

German government may take a share in TenneT
27 May, 2020
TSO Tennet and the Dutch and German governments are reported to be...
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Nexans wins Crete connector contract
Wednesday, May 27, 2020 by Nexans has been awarded a €1.6bn contract to design, manufacture and install a 335 km subsea HVDC cable system for Ariadne Interconnection S.P.S.A, a subsidiary of IPTO, the Greek...

TEPCO and Ørsted form offshore wind JV
Wednesday, March 18, 2020 by TEPCO and Ørsted are to form a joint venture company, Choshi Offshore Wind Farm K.K., to make a joint bid in the Choshi-city offshore wind promotion area.

Fortum’s majority investment in Uniper cleared
Wednesday, March 18, 2020 by The Russian Federal Antimonopoly Service has informed Fortum that the company does not need a merger clearance decision for closing its majority transactions on Uniper SE shares.

MHI Vestas wins 300 MW Taiwan contract
Wednesday, February 19, 2020 by MHI Vestas has been selected as the preferred turbine supplier for the 300 MW Zhong Neng offshore wind farm in Taiwan.

YEKA production line poised to start
Wednesday, November 13, 2019 by A Siemens-Türkerler-Kalyon consortium is preparing to launch operations at a nacelle production facility in Turkey.

UK universities clinch PPA deal
Tuesday, October 15, 2019 by Twenty UK universities have joined together to agree a £50 million renewable energy power purchase agreement (PPA).

Ovo seals SSE retail deal
Friday, September 20, 2019 by Ovo Energy is set to become the second-largest energy supplier in the UK after closing a deal to buy SSE Energy Services, the retail arm of SSE.

Commission approves RWE-E.On deal
Friday, September 20, 2019 by German utility E.On says that it will “swiftly” integrate Innogy into its business following the approval of a complex merger deal between RWE and E.On by the European Commission.

Alpiq offloads Czech coal plants
Thursday, May 23, 2019 by Swiss energy firm Alpiq has sold two coal-fired power plants in the Czech Republic to the Sev.en Group.

OPRA in new partnership with AFGlobal
Thursday, March 28, 2019 by OPRA Turbines has entered into an agreement with AFGobal for the American market.

PPC receives bids in bailout sale
Thursday, March 21, 2019 by A tender for the sale of three coal-fired power plants in Greece has attracted six expressions of interest.

Orsted halts the sale of its distribution business
Monday, January 21, 2019 by Orsted has discontinued the sale of its Danish Power distribution business following the decision by the country’s government to withdraw its support for the move.

Hitachi to  acquire ABB's power grids business
Saturday, December 22, 2018 by Hitachi is to acquire ABB’s power grids business for an after-debt consideration of US$ 6.4 billion.

Vestas wins 442 MW order
Monday, June 25, 2018 by Xcel Energy has placed an order with Vestas for 442 MW of wind turbine capacity for installation in a number of projects in the USA.

Sembcorp swoops on UKPR
Friday, June 08, 2018 by Singaporean industrial firm Sembcorp has reached an agreement to acquire UK Power Reserve (UKPR), a UK-based flexible energy generator.

Alstom and GE to implement joint venture options
Friday, May 11, 2018 by Alstom and GE have signed an agreement relating to the implementation of agreements from 2015 regarding the intended exit of Alstom from three energy Joint Ventures.

Aquila targets energy transition with new fund
Thursday, March 29, 2018 by Investment firm Aquila Capital has launched a new investment fund targeting assets that are essential to Europe’s energy transition.

Denham and Themis join forces for investment
Wednesday, March 07, 2018 by Denham International Power and Themis have joined forces to create a new platform for investing in natural gas and renewable power generation assets in Africa.

EDF Polish sale approved
Monday, October 16, 2017 by Authorities in Poland have approved the purchase of EDF’s Polish assets by power firm PGE, subject to certain conditions.

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