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Business & Finance

15 Nov | JDR Cables Begins Expansion into US Offshore Wind Market

JDR Cable Systems (JDR) and McAllister Towing have established a Memorandum of Understanding (MOU) for the development and collaborative operation of a US East Cost Offshore Wind subsea power cable service base with an integrated cable training center.

14 Nov | COWI expands in the USA to meet market boom in offshore wind farms

COWI increases its presence in the USA significantly, e.g. for the consultancy contract with Vineyard Wind in Massachusetts – the first major US offshore wind energy project. The project is part of a masterplan to construct 10 GW offshore wind farms.

12 Nov | Principle Power and Aker Solutions Win Environmental Leadership Award

The Maritime Alliance, a California-based non-profit organization that promotes sustainable, science-based ocean and water industries, has presented this year’s Environmental Leadership Award to Aker Solutions and Principle Power in recognition of the companies’ efforts in promoting offshore renewab

08 Nov | Ørsted Completes Acquisition of Deepwater Wind

Today, Ørsted announced that its acquisition of Deepwater Wind has been finalized. As per our announcement on October 8, 2018, Ørsted made an agreement with the D.E. Shaw group to acquire 100% of the equity in Deepwater Wind at a purchase price of USD 510 million.

Business & Finance

19 Oct | Ørsted and Naikun not to proceed with JDA

Ørsted and Naikun Wind Energy Group Inc. (TSX-Venture: NKW) (“NaiKun”) have decided not to pursue further a joint development agreement for the Haida Energy Field Offshore Wind Project in British Columbia and to end partnership discussions.

Business & Finance

18 Oct | EnBW Hires U.S. Offshore Wind Leader to Manage North American Effort

EnBW, one of Europe’s leading offshore wind energy developers, has hired U.S. offshore wind leader Bill White to serve as Managing Director of EnBW’s North American operation.

Business & Finance

17 Oct | Governor Philip Murphy Welcomes EnBW’s Offshore Wind Involvement in New Jersey

  • Governor visits the EnBW Offshore Office in Hamburg
  • EnBW Offshore Office in New Jersey due to open at the end of 2018
  • Participation in New Jersey and New York offshore wind programs

Business & Finance

08 Oct | Ørsted acquires Deepwater Wind and creates leading US offshore wind platform

Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million. The two companies’ offshore wind assets and organizations will be merged into the leading US offshore wind platform with the most comprehensive geographic coverage and the largest pipeline of development capacity.