Norges Bank

NORGES BANK NEWSROOM (8 press releases)

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Iberdrola’s €350 Million Tâmega Wind Project Accelerates Portugal’s Clean Energy Expansion and Industrial Development

PRESS RELEASE -- 11, December 2025

(IN BRIEF) Iberdrola has begun assembling turbines for the new Tâmega Wind Farm, which will become Portugal’s largest wind installation with 274 MW of capacity, 38 Vestas 7.2 MW turbines, and annual generation of 601 GWh. The €350 million project … Read the full press release

Stephen Witt Wins The Financial Times and Schroders Business Book of the Year Award 2025 for Nvidia-Focused The Thinking Machine

PRESS RELEASE -- 4, December 2025

(IN BRIEF) Schroders and the Financial Times have named Stephen Witt as the 2025 Business Book of the Year Award winner for The Thinking Machine, an exploration of Nvidia, AI and the leadership of Jensen Huang. Witt received £30,000, with … Read the full press release

RWE Reaches Major Milestone in Nordseecluster Offshore Wind Project with Completion of All 44 Turbine Foundations

PRESS RELEASE -- 7, November 2025

(IN BRIEF) RWE has completed installation of all 44 turbine foundations and secondary steel structures for the 1.6 GW Nordseecluster offshore wind project off the German coast. Each monopile weighs around 1,500 tonnes and forms part of Nordseecluster A, which … Read the full press release

RWE completes monopile installation at Thor offshore wind farm, paving way for Denmark’s largest renewable energy project

PRESS RELEASE -- 25, September 2025

(IN BRIEF) RWE has completed the installation of all 72 monopile foundations for the 1.1-gigawatt Thor offshore wind farm in Denmark, achieving the milestone within just five months. Located 22 kilometres off the Jutland coast, Thor is being jointly developed … Read the full press release

RWE and Norges Bank Investment Management Reach Key Milestone with First Foundation Installed at Nordseecluster

PRESS RELEASE -- 28, July 2025

(IN BRIEF) RWE and Norges Bank Investment Management have marked a significant milestone in their joint Nordseecluster offshore wind project with the installation of the first monopile foundation approximately 50 km off the coast of Juist, Germany. Each foundation, weighing … Read the full press release

Norges Bank Cuts Policy Rate to 4.25 Percent and Outlines Path for Further Reductions in 2025

PRESS RELEASE -- 19, June 2025

(IN BRIEF) On 18 June 2025, Norges Bank’s Monetary Policy and Financial Stability Committee reduced the policy rate from 4.50 percent to 4.25 percent in a unanimous decision, marking the beginning of a cautious normalization after a tightening cycle that … Read the full press release

RWE Partners with NBIM in €1.4 Billion Deal to Boost Offshore Wind Capacity in Germany and Denmark

PRESS RELEASE -- 31, March 2025

(IN BRIEF) RWE has partnered with Norges Bank Investment Management to transfer a 49% stake in its Nordseecluster and Thor offshore wind projects, valued at approximately €1.4 billion. RWE will remain responsible for the projects’ construction and ongoing operations. The … Read the full press release

Equinor Announces USD 0.70 Total Dividend for Third Quarter 2024

PRESS RELEASE -- 20, February 2025

(IN BRIEF) Equinor ASA has declared a total dividend of USD 0.70 per share for the third quarter of 2024, consisting of an ordinary and an extraordinary cash dividend of USD 0.35 each. The corresponding NOK value is NOK 7.8274 … Read the full press release