(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 2P reserves, carbon capture, carbon storage, carbon storage facility, Centrica, Chris O’Shea, CO2 emissions, Cygnus gas field, decommissioning liabilities, Energy Portfolio, energy transition, gas fields, gas production, Ithaca Energy, Morecambe Net Zero, natural gas, North Morecambe gas field, partnership, South Morecambe gas field, Spirit Energy, strategic divestment, sustainability
(IN BRIEF) Suomen Voima has signed a 15-year power purchase agreement (PPA) with Statkraft, effective from January 2025. The deal, totaling 100 GWh annually, will be supplied by Statkraft’s Nedre Bjurfors hydropower plant and Björkhöjden wind farm in Sweden’s SE2 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged 100 GWh, 15-year power purchase agreement, 3.2 MW, 400 GWh, annual volume, Björkhöjden wind farm, Capacity, CEO, Energy Portfolio, geographical reach, gross head, H, hydropower, installed capacity, January 2025, Ketil Hovland, Nedre Bjurfors hydropower plant, Nordic energy sectors, partnership, Pekka Saijonmaa, PPA, regional diversification, renewable energy production, renewable energy sources, SE2 bidding area, Senior Originator, Siemens turbines, Statkraft, Statkraft AS, Suomen Voima, sustainability, turbines, wind farm
(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release
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