Tag Archives: Norges Bank Investment Management

Offshore Wind Expansion Accelerates as RWE Prepares Nordseecluster for Large-Scale Renewable Energy Production

(IN BRIEF) RWE has successfully installed two offshore substations for the Nordseecluster A wind project, marking a key milestone in the development of the 1.6-gigawatt offshore wind cluster located in the North Sea. The substations, constructed in France and installed … Read the full press release

RWE Advances Offshore Wind Sustainability with First Installation of Low Carbon Turbine Technology at Denmark’s Thor Project

(IN BRIEF) RWE has installed the world’s first offshore wind turbine featuring both a CO₂-reduced steel tower and recyclable rotor blades at its Thor wind farm in Denmark, marking a major step in advancing sustainable wind energy technology. The 1.1 … Read the full press release

German Authorities Approve Second Phase of RWE Nordseecluster Project Strengthening Renewable Energy Supply for Industry

(IN BRIEF) RWE has received planning permission from the German Federal Maritime and Hydrographic Agency for the second phase of its Nordseecluster offshore wind project, enabling the addition of 900 megawatts of capacity to the existing 660-megawatt first phase currently … Read the full press release

RWE Advances Thor Offshore Wind Project with New Service Hub Strengthening Renewable Energy Infrastructure in Denmark

(IN BRIEF) RWE has opened a new operations and maintenance base at Thorsminde Port to support the Thor offshore wind farm, Denmark’s largest offshore wind project. The 2,300 square metre facility will serve as the central hub for managing the … Read the full press release

Thor Offshore Wind Farm Construction Advances as RWE Begins Turbine Installation off Danish Coast

(IN BRIEF) RWE has installed the first turbine at the 1.1-gigawatt Thor offshore wind farm off Denmark’s west coast, marking a major milestone in the construction of the country’s largest offshore wind project. The wind farm will include 72 Siemens … Read the full press release

RWE Advances Nordseecluster Construction as Two Large-Scale Offshore Substations Prepare for Deployment

(IN BRIEF) RWE has reached a key construction milestone for the 1.6-gigawatt Nordseecluster offshore wind project with the completion of two large electrical substations at Chantiers de l’Atlantique in Saint-Nazaire, which will now be transported to the North Sea for … Read the full press release

RWE secures long-term Amazon offtake for Nordseecluster B to support Germany’s offshore wind expansion

(IN BRIEF) Amazon and RWE have signed a 110 MW Power Purchase Agreement for electricity from the Nordseecluster B offshore wind farm in the German North Sea, building on their 2025 strategic partnership and supporting both companies’ digital and decarbonisation … Read the full press release

RWE Secures Long-Term Power Licence for Denmark’s Largest Offshore Wind Project

(IN BRIEF) RWE has secured a 30-year electricity production licence for the Thor offshore wind farm, marking a significant milestone for Denmark’s largest offshore wind project. With an installed capacity of 1.1 gigawatts, Thor is expected to supply renewable electricity … Read the full press release

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

(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

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

(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

(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

(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

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

(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

Green Energy Initiative: Iberdrola and bp pulse’s €1 Billion Plan for High-Speed EV Charging Across Iberia

(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release

Norges Bank Investment Management acquires 45 percent interest in 60 million square feet industrial portfolio in US for USD 2.3 billion

OSLO, 21-4-2015 — /EuropaWire/ — Norges Bank Investment Management has signed an agreement to acquire a 45 percent interest in a 60 million square feet industrial portfolio with additional development potential in a joint venture with Prologis. The agreement was signed … Read the full press release