(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
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 1.6 GW, Boreas, climate targets, Eemshaven, energy transition, German North Sea, Germany, Green Energy, Juist, monopile, Nordseecluster, Nordseecluster A, Nordseecluster B, Norges Bank Investment Management, offshore installation, Offshore wind, OranjeWind, partnership, renewable electricity, RWE, Sofia project, sustainability, sustainable infrastructure, Thor project, TotalEnergies, transition piece-less, Van Oord, wind energy, wind turbine foundations
(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
Posted in Banks, Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged green electricity, Juist, Jutland, long-term contracts, NBIM, Nordseecluster, Norges Bank Investment Management, offshore wind projects, OranjeWind, partnership, renewable energy, RWE, Sofia, stable cash flows, sustainability, Thor
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