Contracts and deals - Page 1

Mexico’s ‘new nationalisation’ prompts sale of Iberdrola assets
Tuesday, April 11, 2023 by Iberdrola is selling the bulk of its Mexican power-generating assets to a state-owned fund for $6 bn, using the proceeds to accelerate its investments in the US and Europe. An...

Cost of capital threatens UK renewable energy projects
Tuesday, March 21, 2023 by The rising cost of capital faced by developers of renewable energy projects such as onshore wind and solar PV may reduce the number of new projects and cause some already...

Deal for EU offtake from India’s first green ammonia project
Tuesday, February 14, 2023 by Uniper and Greenko ZeroC (the green molecule production arm of the Greenko Group) have signed a Memorandum of Understanding and Heads of Terms for Uniper to enter into...

Siemens and Doosan sign offshore wind agreement
Tuesday, February 07, 2023 by Siemens Gamesa and Doosan Enerbility (formerly Doosan Heavy Industries) have signed a binding framework agreement for a strategic partnership operating in the South Korean offshore...

Amokabel acquires cable maker specialising in bushfire protection
Tuesday, February 07, 2023 by Amokabel, the Swedish specialist cable producer, has acquired Euro-Tech Cables Pty, a Sydney manufacturer of signal and communication cables. The deal, completed in December 2022,...

ACWA Power in sustainable infrastructure financing MOU with EBRD
Tuesday, November 01, 2022 by ACWA Power Company has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development.

Cameco and Brookfield to acquire Westinghouse
Tuesday, October 18, 2022 by A consortium of Cameco and Brookfield Renewable, together with its institutional partners, has signed an agreement to acquire Westinghouse Electric Company from Brookfield Business Partners.

RWE to acquire Con Edison Clean Energy
Tuesday, October 04, 2022 by RWE has signed a purchase agreement with Con Edison Inc. to acquire all shares in Con Edison Clean Energy Businesses, Inc. Headquartered in New York, Con Edison CEB is a...

Uniper and Vesta to develop green ammonia terminal
Tuesday, September 13, 2022 by ‪Uniper Global Commodities and the Dutch company Vesta Terminals have signed a Memorandum of Understanding to evaluate the feasibility of refurbishing and expanding an existing...

Baker Hughes acquires Brush power generation division
Tuesday, August 16, 2022 by Baker Hughes announced that it has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners. BRUSH specialises in electric power generation and...

Wärtsilä agreement to guarantee African gold mine operations
Tuesday, June 21, 2022 by Wärtsilä has signed a 5-year performance-based agreement for a 20 MW power plant combined with a 40 MW plant extension installation at a gold mine in Africa. The agreement was signed...

Fugro to develop digital twin of Denmark’s transmission network
Tuesday, June 14, 2022 by Energinet, the Danish national transmission system operator, has awarded Fugro a 5-year framework agreement to capture aerial lidar and imagery data of its 3000 km...

Vestas and EnBW sign agreement for the 900 MW He Dreiht offshore array
Tuesday, June 14, 2022 by Vestas has secured a conditional order agreement to supply 64xV235-15.0 MW wind turbines for EnBW’s 900 MW He Dreiht offshore wind project in 2025. Vestas will also undertake to deliver...

Strabag and Exergy in geothermal alliance
Tuesday, May 10, 2022 by Exergy International and Strabag’s plant engineering and construction division in Dresden, Germany, have agreed on a far-reaching partnership to develop and realise turnkey...

First Ampelmann W2W for US offshore industry
Wednesday, April 27, 2022 by Ampelmann has signed its first contract in the US offshore wind market. An E1000 motion compensated system will be supplied to the marine transportation and towing company Otto Candies...

Germany agrees LNG supply deal with Qatar
Tuesday, March 22, 2022 by Germany’s economy and climate minister Robert Habeck has initiated an energy partnership with the Emir of Qatar which includes both the supply of liquefied natural gas (LNG)...

Thermal power plants to become energy storage facilities
Tuesday, March 22, 2022 by E2S Power and India Power Corp have signed a Memorandum of Understanding to work closely on transforming fossil fuel power stations in India into thermal storage systems for...

Nexans wins US offshore wind export cables contract
Tuesday, March 15, 2022 by Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution Wind Farm. The project will connect the wind farm to the onshore...

FEED competition contracts awarded for UK’s East Coast Cluster
Wednesday, December 22, 2021 by On behalf of its partners, bp, the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP), has awarded contracts as part of its dual Front...