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BWSC North Lincs opens Brigg Renewable Energy Plant in UK

2016-05-27 01:00:00| Power Technology

BWSC North Lincs (BNLL) has opened a new straw-fired biomass plant in the UK, which was built at a cost of around 162m.

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Deals this week: BlueJack Energy Solutions, Gibson Energy

2016-05-27 01:00:00| Offshore Technology

BlueJack Energy Solutions has announced that it has received an equity commitment note of up to $100m from Energy Spectrum Capital, through the latters Energy Spectrum Partners VII fund.

Tags: week solutions energy deals

 
 

M&As this week: RINA, Oilmax Energy

2016-05-27 01:00:00| Offshore Technology

RINA has signed a definitive agreement with Phoenix Equity Partners to acquire the latters subsidiary Edif Group Management for a consideration of 118.5m ($171.75).

Tags: week energy mas

 

More Solar Energy Jobs Exist In U.S. Than in Oil and Gas Sector

2016-05-26 19:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: In U.S. Than in Oil and Gas Sector Alex Snyder Workers install solar panels in Wayne National Forest. Solar energy now supports more jobs in the U.S. than either the oil and gas industry or coal mining, according to a new report from the International Renewable Energy Agency (IRENA). Solar jobs grew at a rate 12 times faster than general U.S. job market growth. Worldwide, employment in green energy grew 5 percent in 2015, to 8.1 million jobs, IRENA reported. The 58 percent drop in oil prices since...

Tags: jobs energy gas oil

 

Dong Energy IPO to value windfarm operator at 11bn

2016-05-26 18:42:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Danish-based Dong Energy, a major investor in British offshore windfarms, is heading for the worlds biggest stock market flotation so far this year with a price tag for the entire business of 106.5bn kroner (11bn). The group, which has been a flag carrier for companies moving from fossil fuels to renewable energy, expects to sell up to 17% of its shares, each priced between 200 and 255 kroner. The Copenhagen government, which owns 59% of Dong, said it wanted to retain a controlling half stake...

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