Key highlights Eneco will acquire a 50% interest in the project, comprising both development capital and construction equity Eneco will secure the entire storage capacity under a long-term offtake agreement for phase one of the project The transaction represents Eneco’s second agreement with Corre Energy, following its 15-year offtake agreement for the ZW1 project in […]
Eneco, Equinor team up to bid for 4 GW of Dutch offshore wind sites – EQ Mag
Dutch utility Eneco said Thursday it will partner with Norwegian energy group Equinor ASA (NYSE:EQNR) to bid in the tenders for the IJmuiden Ver Alpha and Beta offshore wind sites in the Netherlands, together representing 4 GW of capacity. The Dutch government plans to start tender procedures for the two sites this year. Under the […]
Shell, Eneco JV wins offshore wind tender for site VI of Hollandse Kust West – EQ Mag
Ecowende, the joint venture between oil and gas major Shell Plc (AMS:SHELL) and utility Eneco, has won the right to build a 760-MW offshore wind park at Hollandse Kust West (HKW) lot VI in Dutch waters, the partners announced on Thursday. Shell and Eneco said in a joint statement that they have already taken the […]
Japan’s Mitsubishi, Chubu Elec completes $4.5 billion purchase of Eneco
TOKYO: Japanese trading house Mitsubishi Corp (8058.T) and Chubu Electric Power (9502.T) said on Wednesday that they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24. In November, the Japanese companies were selected as the preferred buyers in a bid for the Dutch company, beating rival […]
Japan’s Mitsubishi beats Shell to buy Dutch power firm Eneco
Eneco, a company owned by 44 Dutch municipalities and with a strong focus on renewable energy, said it had been swayed by Mitsubishi’s plans to allow the company to continue its strategy and retain its corporate identity. Amsterdam: A group led by Japan’s Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy […]
Mitsubishi Eyes Leading Position in Europe’s Energy Market With Eneco Acquisition
Offshore wind will be at the center of Mitsubishi’s growth plans in Europe as it leads an acquisition of Dutch utility Eneco. A group led by Mitsubishi beat out other bidders including Shell in reaching a €4.1 billion ($4.5 billion) deal to buy Dutch energy company Eneco, which the Japanese conglomerate intends to make the […]
Microsoft and Eneco team up to drive sustainable business transformations: powering the cloud with clean energy
New work on offshore wind energy ROTTERDAM, Netherlands, and REDMOND, Wash.: On Wednesday, Microsoft Corp. announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for […]