Contracts and deals - Page 1

Stay up to date with the latest Contracts and deals updates from the global modern power systems industry

Latest Contracts and deals Update

CIP acquires majority stake in Elgin Energy
04 April, 2024
Copenhagen Infrastructure Partners, through its flagship fund CI V,...
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Ceres signs first hydrogen licence with Delta
Tuesday, January 23, 2024 by Ceres Power Holdings, a prominent UK developer of clean energy technology, and Delta Electronics, a global specialist in power and thermal management solutions, have signed a...

GE to power first H2-ready power plant in Queensland
Tuesday, January 09, 2024 by GE Vernova’s Gas Power business announced on 8 January that it had secured an order from Queensland government-owned energy company CS Energy for 12 LM2500XPRESS aeroderivative...

ACWA in co-operation agreements with Chinese firms
Tuesday, October 24, 2023 by Saudi-listed ACWA Power has signed seven co-operation agreements with Chinese firms, during October’s third Belt and Road Forum in Beijing, for solar, green hydrogen and...

Valmet in €175 million loan agreement with EIB
Tuesday, October 03, 2023 by Valmet has signed a €175 million loan agreement with the European Investment Bank. The loan will support the company’s Research and Development activities, to help finance...

GE wins major GT contracts in Greater Bay area of China
Tuesday, August 29, 2023 by GE Vernova’s Gas Power business has won orders for four GE 6F.03 gas turbines for energy plants delivering power and heat to Yangjiang City in the Guangdong-Hong Kong-Macao Greater...

AEP completes sale of unregulated renewables assets
Tuesday, August 22, 2023 by American Electric Power has completed the sale of its 1365 MW unregulated, contracted renewables portfolio to IRG Acquisition Holdings, a partnership owned by CDPQ, Invenergy and...

Aker Horizons signs long-term PPA for Narvik green ammonia project
Tuesday, July 11, 2023 by Aker Horizons ASA has signed a 10-year power purchase agreement with Statkraft, said to be Europe’s largest generator of renewable energy, securing a significant amount of the...

NEOM completes USD $8.4 bn financial close for world’s largest green H2 plant
Tuesday, May 23, 2023 by Neom Green Hydrogen Company (NGHC) has announced that, following signing financial documents with 23 local, regional, and international banks and investment firms for US$ 6.7 bn, it...

Mexico’s ‘new nationalisation’ prompts sale of Iberdrola assets
Tuesday, April 11, 2023 by Iberdrola is selling the bulk of its Mexican power-generating assets to a state-owned fund for $6 bn, using the proceeds to accelerate its investments in the US and Europe. An...

Cost of capital threatens UK renewable energy projects
Tuesday, March 21, 2023 by The rising cost of capital faced by developers of renewable energy projects such as onshore wind and solar PV may reduce the number of new projects and cause some already...

Deal for EU offtake from India’s first green ammonia project
Tuesday, February 14, 2023 by Uniper and Greenko ZeroC (the green molecule production arm of the Greenko Group) have signed a Memorandum of Understanding and Heads of Terms for Uniper to enter into...

Siemens and Doosan sign offshore wind agreement
Tuesday, February 07, 2023 by Siemens Gamesa and Doosan Enerbility (formerly Doosan Heavy Industries) have signed a binding framework agreement for a strategic partnership operating in the South Korean offshore...

Amokabel acquires cable maker specialising in bushfire protection
Tuesday, February 07, 2023 by Amokabel, the Swedish specialist cable producer, has acquired Euro-Tech Cables Pty, a Sydney manufacturer of signal and communication cables. The deal, completed in December 2022,...

ACWA Power in sustainable infrastructure financing MOU with EBRD
Tuesday, November 01, 2022 by ACWA Power Company has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development.

Cameco and Brookfield to acquire Westinghouse
Tuesday, October 18, 2022 by A consortium of Cameco and Brookfield Renewable, together with its institutional partners, has signed an agreement to acquire Westinghouse Electric Company from Brookfield Business Partners.

RWE to acquire Con Edison Clean Energy
Tuesday, October 04, 2022 by RWE has signed a purchase agreement with Con Edison Inc. to acquire all shares in Con Edison Clean Energy Businesses, Inc. Headquartered in New York, Con Edison CEB is a...

Uniper and Vesta to develop green ammonia terminal
Tuesday, September 13, 2022 by ‪Uniper Global Commodities and the Dutch company Vesta Terminals have signed a Memorandum of Understanding to evaluate the feasibility of refurbishing and expanding an existing...

Baker Hughes acquires Brush power generation division
Tuesday, August 16, 2022 by Baker Hughes announced that it has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners. BRUSH specialises in electric power generation and...

Wärtsilä agreement to guarantee African gold mine operations
Tuesday, June 21, 2022 by Wärtsilä has signed a 5-year performance-based agreement for a 20 MW power plant combined with a 40 MW plant extension installation at a gold mine in Africa. The agreement was signed...

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