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OMV does not expect a cash call from Nord Stream 2 until the end of the year

OMV is confident that Gazprom-owned Nord Stream 2 won’t be making any more cash calls until the end of the current year. OMV has already settled the first €200 million portion of its funding obligation for the construction of the 55 bcm/year pipeline from Russia to Germany.

read more... 15/08/2017

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Germany acquires 235,000 carbon credits to offset business travel

The German government intends to compensate for the climate footprint of its official travel by starting a bidding process to acquire more than 235,000 carbon credits.

read more... 10/08/2017

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Global Infrastructure Partners to acquire DONG’s stakes in offshore wind project

DONG Energy is interested in selling its 50% stake in the 450MW Borkum Riffgrund wind farm in Germany. Global Infrastructure Partners (GIP) is interested in buying the share for €1.17 million.

read more... 08/08/2017

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Siemens Gamesa to provide 27 wind turbines in Germany

Siemens Gamesa will supply four onshore German projects with wind turbines. The contract signed by the company stipulates that the four projects that will benefit from the wind turbines will provide electricity to around 80,000 households.

read more... 08/08/2017

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Germany predicts 900 MW of new offshore wind in 2017

Germany connected 626 megawatts (MW) of newly constructed offshore wind capacity to power grids in the first semester of this year and hopes to see total installations of 900 MW in the entire year, as stated by five industry groups in a joint statement on Thursday.

read more... 21/07/2017

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