TRIG acquires 34MW wind farm in Wales for £100 mln

18/05/2017 10:32 Wind


The Renewables Infrastructure Group (TRIG) has finalized the purchase of the 34MW Garreg Lwyd Hill wind farm in Wales from RES for £100 million.

The operational project is sited in Powys and comprises 17 Vestas V100 2MW turbines.

It is suitable for the UK’s renewables obligation scheme and has a power purchase deal with Shell Energy.

Maintenance operations to the facility will be provided by Vestas.

The acquisition, which brings TRIG’s portfolio to 55 projects with total capacity of 754MW, was funded from the profits of a recent share issuance, according to the company.

Daily (13.12.2017): European power prices hit contract peaks on Tuesday, after a blast at an Austrian gas hub

13/12/2017 11:32:00

Oil prices declined sharply on Tuesday, as traders took profits after prices increased tto a two-year peak on an unscheduled closure of the pipeline that carries the largest North Sea crude oil grade. Brent crude settled down $1.35, or 2.1 percent, at $63.34 a barrel. U.S. crude ended at $57.14 a barrel, or 1.5 percent lower.


Notice signed to continue contracts to build four VVER-1200 units at the El Dabaa nuclear plant

12/12/2017 16:34:00

Rosatom Director General Alexey Likhachov and Egypt's Minister of Electricity and Renewable Energy Mohamed Shaker agreed to proceed with contracts for the construction of four VVER-1200 units at the El Dabaa nuclear power site.


Baltic Pipe gas pipeline might obtain final approval in late 2018

12/12/2017 14:40:00

The final investment decision (FID) for the natural gas pipeline project between Denmark and Poland, the Baltic Pipe, might be taken no later than December 2018.