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

13/08/2019 08:33 Wind


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

Greece eyes 44 bln euros in investment in switch to cleaner energy

29/11/2019 09:41:00

Greece hopes to generate investment worth about 44 billion euros ($49 billion) over the next decade on projects to reduce its dependence on fossil fuels, authorities said on Thursday.


Daily (28.11.2019): EUAs jumped by almost 3% on greater climate ambitions promised by the European Commission

28/11/2019 12:38:00

Oil prices slipped on Wednesday as reports showed an unexpected increase in U.S. inventories, and record high gasoline production. Consequently, Brent crude closed the session at $64.06 a barrel, down 21 cents or 0.3% day on day. The WTI contract lost 3 cents, or 0.5%, to $58.11 per barrel.


Yamal LNG cargo heading to Portugal

28/11/2019 09:44:00

REN-operated Sines LNG import terminal in Portugal is set to receive a liquefied natural gas cargo from the Novatek-led Yamal LNG facility.