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Italy: Snam obtains a € 400 million loan for the construction of the 2 new gas pipelines

The European Investment Bank (EIB) and the Cassa depositi e prestiti (CDP) have approved today a loan agreement totaling up to 400 million euros for a 20-year term for Snam Spa, with a first tranche of 300 million, already approved by EIB, while a second tranche will be available by 2012.

read more... 02/08/2012

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Gamesa to sell four wind farms in France and Germany

Spanish wind energy company Gamesa, has signed a contract to sell four wind farms, three of them in France and one in Germany, with a total installed capacity of 56MW. The farms will be sold to European Sustainable Power Fund 2, a renewable energy fund for institutional investors owned by German real capital asset manager KGAL.

read more... 26/07/2012

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EWEA: European offshore wind capacity rise by 523.2 MW in first half 2012

According to the European Wind Energy Association, in the first half of 2012 wind offshore capacity reached a total of 523.2MW, in comparison with 348.1 MW installed in first half of 2011. The power was connected on eight wind farms, six in UK waters, one in Denmark and one in Germany.

read more... 19/07/2012

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Statoil and Total: significant gas discovery in the North Sea

The Norwegian oil and gas company Statoil and the French giant Total have made a significant gas discovery in the Southern part of the Norwegian North Sea, in the King Lear prospect. Until now 7 new oil and gas discoveries were made on the Norwegian Shelf, from which 4 were made in the North Sea, 2 in Norwegian Sea and one in Barents Sea.

read more... 12/07/2012

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Total and Melrose to explore gas reserves in Bulgarian deep waters

Total and Melrose are competing for a permit to explore for natural gas in the deep waters of the Black Sea bloc, called Khan Asparuh.

read more... 10/07/2012

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