Green Investment Group Snaps Up Latest Offshore Wind Stake

The UK’s offshore wind industry received a dual boost this week, as Green Investment Group (GIG) stepped up its interest in the sector and the first foundations were installed at the EOWDC project off the Scottish coast. GIG, the former government-backed Green Investment Bank which is now owned by infrastructure …

GE and Green Investment Group Team Up for 650MW Swedish Onshore Wind Project

GE Renewable Energy and the Green Investment Group are teaming up to deliver a 650MW wind project in Sweden, having acquired what they claim will be one of the largest single-site onshore wind installations in Europe from renewables developer Svevind. The Markbygden ETT wind farm in Northern Sweden is expected …

Ørsted to Sell 50 Per Cent Stake in Giant Walney Offshore Wind Project

Renewable energy firm Ørsted – the Danish company formerly known as DONG Energy – has agreed to sell half its stake in the 659MW Walney offshore wind project currently under construction off the coast of Cumbria. The company announced yesterday it has signed a deal that will see it divest …

Green Investment Group Sells 70MW of Energy Assets to Bioenergy Infrastructure Group

The Green Investment Group, known until Friday as the Green Investment Bank, has offloaded more than 70MW of low-carbon energy capacity for an undisclosed sum. The deal follows the conclusion of the controversial sale of the Green Investment Bank last week, which saw Australian lender Macquarie take ownership of the …