Fund pays German utility RWE $1.5 billion for stakes in 1.6 GW Nordseecluster in Germany and 1.1 GW Thor wind farm in Denmark ... 49% stake in two gigascale North Sea wind projects under construction.

German utility bags $1.5bn for stakes in 1.6GW Nordseecluster in Germany and 1.1GW Thor wind farm in Denmark, both under construction Recharge is the world’s leading business intelligence source for ...

Overfishing, the offshore oil industry and more recently the offshore wind sector have turned the North Sea into a “battered industrial landscape” – and the latest incident could prove to be ...

The transaction, expected to close in third-quarter 2025 pending customary approvals, includes the Nordseecluster wind farm in the German North Sea and the Thor wind farm in the Danish North Sea.

Norges Bank Investment Management, which manages Norway’s sovereign wealth fund – also called its 'oil fund' – has signed an agreement with RWE to buy a 49% stake in two gigascale North Sea wind ...

The UK government announced a windfall tax on profits made by firms in the North Sea would end in 2030 The ... secure jobs and new industries like wind manufacturing and decommissioning in the ...

Storm's rain, wind to concentrate on Pacific coast The storm will pack strong winds along the Washington and Oregon coasts, as many Pacific storms often do. Wind gusts from the storm can be strong ...