China’s State Grid International Development (SGID) has signed an agreement to acquire a 49% stake in Oman Electricity Transmission.
As 2019 comes to an end, how does Energy M&A activity in the power and oil and gas sectors compare to previous years? And what does 2020 hold for the industries?
Royal Boskalis Westminster has been awarded two offshore wind project contracts worth €85m in Taiwan and Denmark.
The European Investment Bank (EIB) has agreed to provide a loan of €45m to renewable energy company Eolica da Linha for the construction of three windfarms in Portugal.
Infrastructure and Energy Alternatives (IEA), through its IEA Constructors division, has been awarded two windfarm construction projects in Texas worth $115m.
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Siemens Gamesa Renewable Energy (SGRE) has raised just under €1.5bn in green guarantee lines in under a year as part of its funding strategy.
Equinor has acquired a 50% stake in the Bałtyk I offshore windfarm from Polish energy company Polenergia for an undisclosed fee.
American investment company BlackRock has announced that is has achieved $1bn for the first close of its Global Renewable Power III fund.
Covestro has agreed the world’s largest corporate power purchase agreement (PPA) with Danish wind energy company Ørsted for its Borkum Riffgrund (BR) 3 offshore windfarm.
Italian engineering firm Saipem has been awarded two contracts worth €750m to help build two windfarms off the coasts of Scotland and Taiwan.