31 Mar '14, 8am

UK Green Investment Bank

The UK Green Investment Bank (GIB) has made two of its biggest investments to date, ploughing over £460m into two of the country's largest offshore wind projects. The government-backed bank confirmed this morning that it is to take equity stakes in both the Westermost Rough offshore wind farm off the coast of Yorkshire and the Gwynt y Môr project off the coast of North Wales. FURTHER READING New wind power blows UK green electricity to record levels Clean Reach: "We want to be the Kickstarter of the ocean energy world" The company said it would invest £241m alongside Japan's Marubeni Corporation as part of a £500m deal to purchase a 50 per cent stake in the Westermost Rough offshore wind farm from developer DONG Energy. The project, which is expected to provide 210MW of capacity and generate over 800GWh of renewable energy a year, is in the early stages of construction. It...

Full article: http://www.businessgreen.com/bg/news/2337062/uk-green-inv...

Tweets

UK Green Investment Bank Pours $767 Million Into Offshore Wind

UK Green Investment Bank Pours $767 Million Int...

renewableenergyworld.com 31 Mar '14, 2pm

The bank, capitalized in 2012 with 3 billion pounds from the U.K. government, said it was putting 241 million pounds into ...

UK Green Investment Bank invests £461m in the U...

renewableenergyfocus.com 02 Apr '14, 3pm

Specifically, the UK Green Investment Bank, or GIB, is investing alongside Japan’s Marubeni Corporation to jointly purchas...

UK's Natural Power grants consent support for 1...

renewableenergyfocus.com 31 Mar '14, 4pm

The offshore wind farm, based off the Caithness coast in the outer Moray Firth, Scotland, marks a critical stage for the i...

THE 1975 (UK) @the1975 will perform in Singapore this July. @nowliveSG

THE 1975 (UK) @the1975 will perform in Singapor...

morethangoodhooks.com 31 Mar '14, 2am

! As Malaysia's premiere concert going community, our aim is to provide the latest in all a local avid gig goer would want...

Wind energy generated a new record monthly high...

renewableuk.com 30 Mar '14, 2pm

Wind energy generated a new record monthly high of 11% of the UK’s electricity in February, producing 2,750,086MWh (megawa...

PNE Wind reaps bond benefits

rechargenews.com 31 Mar '14, 9am

“2013 was not only an exceptional year for PNE Wind AG in financial terms but it was also a year in which we laid the foun...

Reports: Lib Dems block Conservative onshore wi...

businessgreen.com 01 Apr '14, 9am

Deputy Prime Minister Nick Clegg has reportedly rejected a Conservative plan to block the development of any future wind f...

How to stay ahead as era of ultra-low #interest...

cpf.gov.sg 31 Mar '14, 6am

Emerging markets set to be ‘hardest hit’ A passing comment was all it took to spark uncertainty and volatility in global m...

GIB/Marubeni buy Westermost 50%

GIB/Marubeni buy Westermost 50%

rechargenews.com 31 Mar '14, 7am

In a separate transaction, the UK government-backed GIB is also spending £220m to buy a 10% stake in the 576MW Gwynt y Môr...

Offshore Wind Updates: Cape Wind Financing, Dee...

renewableenergyworld.com 27 Mar '14, 6pm

After recent wins in court , Cape Wind officially announced that it has secured an additional $600 million in financing wi...

In short, we're screwed, but that doesn't mean ...

businessgreen.com 31 Mar '14, 11am

I often joke that editing BusinessGreen is like conducting my professional life in a permanent state of cognitive dissonan...

Singapore's OCBC offers $4.95 billion for Wing Hang bank

Singapore's OCBC offers $4.95 billion for Wing ...

news.yahoo.com 01 Apr '14, 12am

By Saeed Azhar and Eveline Danubrata SINGAPORE (Reuters) - Singapore's Oversea-Chinese Banking Corp Ltd has made an offer ...

Bitcoin looks like the worst investment in the world this year

Bitcoin looks like the worst investment in the ...

QZ.com 01 Apr '14, 10am

You’d have to hunt pretty hard to find a worse investment over the last three months than bitcoin. The electronic currency...

A European First: UK Government Launches Solar ...

renewableenergyworld.com 04 Apr '14, 3pm

It will entail the creation of " solar hubs " whereby commercial and public sector buildings deploy solar arrays onsite, e...