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Energy Finance & Investment News in Belgium

IPPToday #297: Offshore wind project in Belgium achieves US$800 million financial close

IPPToday #297: Offshore wind project in Belgium achieves US$800 million financial close

🕔Oct 8, 2018

Northwester 2, the project company for a 219 MW offshore wind farm to be located in the Belgian North Sea, has announced that the project has reached financial close. Northwester 2 is owned by Parkwind (70%) and Sumitomo Corporation (30%).

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The Marguerite Fund sells a portfolio of five assets to Pantheon

The Marguerite Fund sells a portfolio of five assets to Pantheon

🕔Dec 4, 2017

Marguerite has announced the sale of a portfolio of renewable and concession-based assets by the Marguerite Fund to Pantheon.

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Enel sells 400 MW CCGT power plant

Enel sells 400 MW CCGT power plant

🕔Jan 4, 2017

Enel has signed an agreement to sell Marcinelle Energie S.A, a 100% subsidiary of Enel’s fully-owned investment vehicle Enel Investment Holding B.V. to French electricity supplier Direct Energie S.A.

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Final investment decision for Norther offshore wind project

Final investment decision for Norther offshore wind project

🕔Dec 16, 2016

The 370-MW Norther offshore wind project  in Belgian North Sea, has finally achieved financial closure by means of a €438-million (US$456 million) financing package provided by the European Investment Bank.

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Mitsubishi subsidiary to acquire stake in 370 MW Belgian offshore project

Mitsubishi subsidiary to acquire stake in 370 MW Belgian offshore project

🕔Nov 14, 2016

Mitsubishi Diamond Offshore Wind Holdings II BV, wholly-owned subsidiary of Japan-based Mitsubishi Corp is seeking to acquire stake in the 370-MW Norther offshore wind project located in Belgian North Sea.

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Vleemo finances Belgian wind park

Vleemo finances Belgian wind park

🕔Jul 18, 2016

Vleemo, the Belgium-based renewable energy company, will construct and finance a 57 MW wind farm in Antwerp city, Flanders, Belgium. The project will be located on the right bank of the Port of Antwerp.

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EIB financing considered for offshore wind farm in Belgium

EIB financing considered for offshore wind farm in Belgium

🕔May 31, 2016

The European Investment Bank (EIB) is mulling providing project financing for the Norther offshore wind project in Belgian North Sea.

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Port of Antwerp and ENGIE sign 30-year concession to develop Alternative Energy Hub

Port of Antwerp and ENGIE sign 30-year concession to develop Alternative Energy Hub

🕔May 3, 2016

The Antwerp Port Authority and ENGIE have signed a 30-year concession agreement for the development of an Alternative Energy Hub at Quays 526 and 528 in the Port of Antwerp.

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GE Chosen to Build World’s Largest Commercial Biomass-Fired Power Plant

GE Chosen to Build World’s Largest Commercial Biomass-Fired Power Plant

🕔Mar 1, 2016

General Electric (GE) has recently announced  that it has been selected by Mechelen-based Belgian Eco Energy (BEE) to build the largest greenfield and 100% biomass-fired power plant in the world.

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Gestamp Renewables announces completion of projects and projects under development

Gestamp Renewables announces completion of projects and projects under development

🕔Feb 5, 2016

Gestamp Wind has set into operation seven new wind farms, with a combined power of 152 MW, and is also developing 216 MW of wind power.

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EIB considers financing Rentel offshore wind farm

EIB considers financing Rentel offshore wind farm

🕔Dec 22, 2015

The European Investment Bank (EIB) is considering providing a €400 million loan for the construction of the 294 MW Rentel offshore wind farm in Belgium.

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EIB completes governance set up of European Fund for Strategic Investments

EIB completes governance set up of European Fund for Strategic Investments

🕔Dec 9, 2015

European Investment Bank (EIB) President Werner Hoyer recently appointed Wilhelm Molterer as the Managing Director and Iliyana Tsanova as the Deputy Managing Director of the European Fund for Strategic Investments (EFSI).

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Sumitomo, Parkwind and Meewind secure financing for Nobelwind offshore Wind Farm in Belgium

Sumitomo, Parkwind and Meewind secure financing for Nobelwind offshore Wind Farm in Belgium

🕔Oct 28, 2015

Infrastructure developer Sumitomo Corporation, Parkwind NV, an off-shore wind farm developer and operator, and Meewind, a Dutch investment fund, have secured €655 million financing for the Nobelwind off-shore wind farm project in Belgium and started construction on October 21, 2015.

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Siemens selected for Belgian offshore wind farm

Siemens selected for Belgian offshore wind farm

🕔Oct 28, 2015

Siemens has been selected for the supply and installation of wind turbines at the 294 MW Rentel offshore wind farm off the Belgian coast.

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 TINC announces investments in renewables

TINC announces investments in renewables

🕔Oct 26, 2015

TINC has invested in the development of the new off-shore wind farm Nobelwind, located in front of the coast of Zeebrugge, next to the existing wind farm Belwind.

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EIB financing sought for Belgian offshore wind farm

EIB financing sought for Belgian offshore wind farm

🕔Jul 23, 2015

The European Investment Bank (EIB) has announced that it would financially back the 165 MW Nobelwind offshore wind project in Belgium.

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NEMO LINK announces €500 million contracts to build the first interconnector between GB and Belgium

NEMO LINK announces €500 million contracts to build the first interconnector between GB and Belgium

🕔Jun 10, 2015

NEMO LINK has announced Siemens and J-Power Systems, the Japan-based subsidiary of the Sumitomo Corporation, as the two winning contractors who will build the first interconnector between GB and Belgium.

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GB and Belgium sign JV agreement for electricity interconnector

GB and Belgium sign JV agreement for electricity interconnector

🕔Mar 3, 2015

UK National Grid and Elia, the Belgian electricity  transmission system operator, signed last week a joint venture agreement to move ahead with the Nemo Link  – the first electricity interconnector between the two countries.

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Ofgem gives green light to Project Nemo

Ofgem gives green light to Project Nemo

🕔Dec 3, 2014

Ofgem has announced its final decision on the financing and regulatory regime for Nemo Link, an interconnector which, on completion in 2019, will bring an additional 1 GW electricity capacity to Great Britain.

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Sumitomo Corporation purchases shares in 2 Belgian offshore wind farm projects

Sumitomo Corporation purchases shares in 2 Belgian offshore wind farm projects

🕔Oct 2, 2014

Sumitomo Corporation has completed the purchase of shares in two offshore wind farm projects, Belwind and Northwind, off the coast of Belgium from Parkwind NV.

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