Iberdrola to sell 40% stake in UK wind project for 1.6 bln stg

13/08/2019 08:33 Wind

news

Spanish energy firm Iberdrola has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday.

Iberdrola will receive 1.63 billion pounds ($2 billion) for the 40% stake, it said.

 

When East Anglia One is operational in 2020 it will be one of the world’s largest wind farms, with a capacity of 714 megawatts or enough power 600,000 homes.

 

The Green Investment Group is part of the Macquarie group .

 

The completion of the transaction is subject to authorisation from the Crown Estate.

Source: reuters.com

Daily (21.08.2019): NBP Sep19 price jumped by almost 5% due to an outage at the Culzean gas field

21/08/2019 11:38:00

Crude oil prices were rather steady on Tuesday. Brent crude inched up by 0.5% to $60.03 as tensions between U.S. and China eased. However, WTI futures dropped by 0.1% to 56.13 amidst continued concerns over global demand.

<READ MORE

Moldova seeks importing Russian gas through the Turkish Stream gas pipeline

21/08/2019 08:45:00

The Moldovan government is interested in importing Russian gas through the TurkStream pipeline and has discussed the issue with Gazprom officials, the country's Economy Minister Vadim Brinzan said today.

READ MORE

Bulgaria's HPP Chaira extends unplanned outage of unit

21/08/2019 08:42:00

Bulgarian pumped-storage hydro power plant (HPP) Chaira has extended the unplanned outage of one of its units by three days to August 23, the Independent Bulgarian Energy Exchange (IBEX) said on Tuesday.

READ MORE