Acciona launches takeover bid for turbine group Nordex Spain’s Acciona has accepted a proposal from Nordex to a 10% increase in its share capital, triggering a mandatory takeover bid for the German group, Acciona said in a statement October 10. Nordex was the world’s eighth largest turbine supplier in 2018,…

A cross-practice team from Eversheds Sutherland has advised Glennmont Partners on its acquisition of a 211MW windfarm in Finland, marking its first investment in the Nordic market. Glennmont acquired the Piiparinmäki windfarm from Ilmatar Energy, a joint venture between Omnes-managed Capenergie 3 and Ilmatar Windpower plc. Construction for the project…

London, 2 October 2019: Cubico Sustainable Investments (Cubico), a global investor in renewable energy, backed by two of Canada’s largest pension funds, has announced that it has reached operations on a 600 MW renewable portfolio in Mexico. The portfolio comprises of the 250 MW Mezquite wind farm in Nuevo León…

Aquila European Renewables Income Fund (“AERIF” or the “Company”) the London-listed investment company advised by Aquila Capital Investmentgesellschaft mbh (“Aquila”) has today announced that it intends to acquire Aalto Wind No 2 Ltd Oy a Finish wind farm company. The planned acquisition completes the fourth investment since the successful Initial…

Floating wind pioneers are using deployment learnings to attract industrial and financial partners and fund growing investment needs, experts told New Energy Update. As the floating wind industry moves towards commercial-scale projects, technology developers are forming alliances to build up spending power. Some $32.0 billion of floating wind investments are…

Energi Coast, North East England’s offshore wind cluster, has expanded to further promote the regional capabilities in offshore wind, to help deliver the ambitions of the offshore wind sector deal. It will also ensure companies are aware of the Offshore Wind Growth Partnership and support available to help them develop…

11 September 2019: The Floating Wind Joint Industry Project (JIP), managed by the Carbon Trust, has today launched the Floating Wind Technology Acceleration Competition to accelerate the development and commercialisation of floating wind. The Carbon Trust, together with 14 leading offshore wind developers represented by the Floating Wind JIP, will select the best…

WASHINGTON, D.C. – The U.S. Department of Energy (DOE) has released annual market reports documenting data and trends in wind installations, technologies, costs, prices, and performance through the end of 2018 for three sectors: utility-scale land-based, offshore, and distributed wind. “Onshore wind energy installation continues to grow across the country, and…

The market leader in turnkey solutions for onshore and offshore wind turbine repair and maintenance projects, Rotos 360, has completed a project that reduced the amount of downtime, risk and overall cost at Parc Cynog Wind and Solar Park in South West Wales. Parc Cynog Wind Farm has been in…

Principle Power has started installing 8 MW turbines on Continental Europe’s first floating wind project and predicts costs could compete with fixed-bottom plants. Last month, the Windplus consortium began attaching the turbines for Windfloat 2, the first floating wind farm in continental Europe. The 25 MW project comprises three 8…