Share Name Share Symbol Market Type Share ISIN Share Description
Renewable Eng. LSE:WIND London Ordinary Share JE00B3B67P11 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 59.50p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 12.0 -4.4 -5.1 - 63.12

Renewable Eng. Share Discussion Threads

Showing 876 to 899 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
26/5/2016
07:28
Thursday 26 May 2016 8:06am Danish utility and wind farm developer Dong Energy sets IPO price range Share Caitlin Morrison Caitlin Morrison is Night Production Editor at City A.M. Follow Caitlin Burbo Bank Wind Farm Now Fully Operational Danish company Dong develops windfarms (Source: Getty) Dong Energy, the Danish state-controlled utility, has set its indicative price range for its planned initial public offering (IPO). The firm's float price of 200 Danish crowns to 255 Danish crowns implies a market value of up to 106.5bn Danish crowns (£10.9bn). The flotation was previously expected to value the company around 80bn Danish crowns. Dong, which also develops wind farms, said the price would be determined in a bookbuilding process which will run from today until 8 June, with the shares set to be traded on the Copenhagen stock exchange from 9 June. Between 15.1 and 17.4 per cent of Dong's shares will be sold in the IPO, with the Danish state keeping control of a 50.1 per cent stake in the company. The kingdom of Denmark will remain the largest shareholder in Dong. “The IPO is an important milestone in the development of Dong Energy," said Danish finance minister, Claus Hjort Frederiksen. "The company has grown from primarily being a Danish utility business to becoming a growing international company with a leading position in the offshore wind sector. Dong Energy is well placed to build on its position as a truly great Danish business.”
waldron
16/5/2016
04:35
Statoil Gains Seabed Lease for World’s First Floating Wind Farm Anna Hirtenstein ahirtens May 16, 2016 — 1:01 AM CEST Share on FacebookShare on Twitter Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Google+ E-mail Statoil ASA, the Norwegian energy company, was granted a lease to use the seabed off the east coast of Scotland and can now begin building the world’s first floating offshore wind farm. The Hywind project will consist of five 6-megawatt turbines. They will float on steel tubes fastened to the seabed about 25 kilometers from the town of Peterhead, according to a statement issued by the company based in Stavanger, Norway. The U.K.’s Crown Estate granted the lease, a step that allows Statoil to begin construction. Works onshore and near-shore are planned to begin later this year. Turbines will be installed in 2017. Floating turbines allow offshore wind farms to be deployed in deeper waters, opening up the industry to areas such as Japan and Mediterranean countries. Statoil installed a floating turbine off the coast of Norway in 2009 for tests. The Hywind project will be the first multi-turbine array. Before it's here, it's on the Bloomberg Terminal.
waldron
15/5/2016
18:23
Dutch offshore wind tender attracts bids from Shell, RWE May 15, 2016 Print Send to Friend LONDON: Some of Europe’s biggest energy companies, including Shell, RWE and Vattenfall, are competing in a Dutch offshore wind tender seen as one of the biggest green energy projects on offer in Europe this year. The Dutch government has an ambitious target to more than quadruple its offshore wind energy capacity by 2023 to lower climate-harming carbon emissions from energy production. Many other European governments lack a clear framework to deliver renewable energy projects after 2020, making the Dutch tender an attractive one for investors. In a first round, the government has offered two offshore wind sites at Borssele that can each house wind farms with a capacity of 350 megawatts (MW). A second tender for two further sites at Borssele will close in September, making the entire project of 1,370 MW one of the biggest European offshore wind tenders in recent years. A fifth site of 20 MW is set reserved for innovation projects. Anglo-Dutch oil major Shell in partnership with Dutch energy supplier Enerco and contractor Van Oord. German utility has found a co-investor in Macquarie Capital, while Swedish utility Vattenfall has announced a bid on its own. Dutch media have named Denmark’s Dong Energy as another potential bidder. Dong Energy declined to comment but said the Dutch market was interesting because it is a consistent programme with five tenders. The Netherlands has a yearly offshore wind tender programme in place out to 2019 that aims to push installed capacity to 4,500 MW by 2023.
waldron
12/5/2016
17:13
Shell participates in bid for Dutch offshore wind farm May 12 Royal Dutch Shell is participating in a consortium bidding in a Dutch government tender to build two 350 megawatt wind farms off the Netherlands' southern coast. Shell, bidding together with energy company Eneco and contractor Van Oord NV, will use turbines built by Vestas if its bid is successful, the companies said in a joint statement. (Reporting by Toby Sterling; editing by Susan Thomas)
waldron
05/4/2016
17:46
Banner Battery storage for Wind Power energy Offshore Scotland, the Norwegian energy provider Statoil will launch Batwind, a new battery storage solution for offshore wind energy. The new concept will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind will be developed in co-operation with Scottish universities and suppliers, under a new Memorandum of Understanding (MoU) signed in Edinburgh on 18 March between Statoil, the Scottish Government, the Offshore Renewable Energy (ORE) Catapult and Scottish Enterprise. Battery storage has the potential to mitigate intermittency and optimise output. This can improve efficiency and lower costs for offshore wind. The pilot in Scotland will provide a technological and commercial foundation for the implementation of Batwind in full-scale offshore wind farms, opening new commercial opportunities in a growing market. Stephen Bull, Statoil’s senior vice president for offshore wind, said: “Statoil has a strong position in offshore wind. By developing innovative battery storage solutions, we can improve the value of wind energy for both Statoil and customers. With Batwind, we can optimise the energy system from wind park to grid. Battery storage represents a new application in our offshore wind portfolio, contributing to realising our ambition of profitable growth in this area.” Statoil will install a 1MWh Lithium battery based storage pilot system in late 2018. This equals the battery capacity of more than 2 million iPhones. The pilot will be part of Hywind Scotland, an innovative offshore wind park with five floating wind turbines located 25 km offshore Peterhead. The wind park is currently under construction and start of electricity production is expected in late 2017. A structured programme is now being established under the MoU to support and fund innovation in the battery storage area between Statoil and Scottish industry and academia. This programme will be managed by ORE Catapult and Scottish Enterprise. Maggie McGinlay, Director of Energy and Clean Technology at Scottish Enterprise, commented: “We’ve worked with Statoil for a number of years to deliver the Hywind project, so it’s fantastic to remain involved in this next stage of battery storage innovation. This is exactly the kind of innovation in the energy sector we’re keen to encourage and support as it may have potential to advance industry growth in Scotland.” (NRK/Press release)
la forge
22/3/2016
08:14
Statoil Launches Batwind: Battery Storage For Offshore Wind A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind will be developed in co-operation with Scottish universities and suppliers, under a new Memorandum of Understanding (MoU) signed in Edinburgh on 18 March between Statoil, the Scottish Government, the Offshore Renewable Energy (ORE) Catapult and Scottish Enterprise. Battery storage has the potential to mitigate intermittency and optimise output. This can improve efficiency and lower costs for offshore wind. The pilot in Scotland will provide a technological and commercial foundation for the implementation of Batwind in full-scale offshore wind farms, opening new commercial opportunities in a growing market. Stephen Bull, Statoil’s senior vice president for offshore wind, said: “Statoil has a strong position in offshore wind. By developing innovative battery storage solutions, we can improve the value of wind energy for both Statoil and customers. With Batwind, we can optimise the energy system from wind park to grid. Battery storage represents a new application in our offshore wind portfolio, contributing to realising our ambition of profitable growth in this area.” Statoil will install a 1MWh Lithium battery based storage pilot system in late 2018. This equals the battery capacity of more than 2 million iPhones. The pilot will be part of Hywind Scotland, an innovative offshore wind park with five floating wind turbines located 25 km offshore Peterhead. The wind park is currently under construction and start of electricity production is expected in late 2017. A structured programme is now being established under the MoU to support and fund innovation in the battery storage area between Statoil and Scottish industry and academia. This programme will be managed by ORE Catapult and Scottish Enterprise. Bull said: “We are very pleased to develop and demonstrate this concept in Scotland, which has a huge wind resource, strong academic institutions and an experienced supply chain. The agreement between Statoil, the Scottish Government, ORE Catapult and Scottish Enterprise represents a unique opportunity for government, researchers and industry to work together to develop new energy solutions for the global market.” Scotland’s Energy Minister Fergus Ewing said: “The signing of this MoU will allow the signatories to work together in the development of the Batwind battery storage solution. This will help maximise the renewable generation of the Hywind offshore wind farm, whilst informing the case for energy storage and demonstrating the technology’s ability to support renewables in Scotland and internationally.R21; “A recent industry and Government report, produced by the Carbon Trust, concluded that if the energy market was adapted to appropriately recognise the benefits of electricity storage to the wider system, this could lead to savings of up to £50 a year on an average energy bill and a system wide saving of up to £2.4B a year by 2030.” Andrew Jamieson, Chief Executive of ORE Catapult, said: “Our partnership with Statoil represents a great opportunity to identify and support areas in which Scottish universities and the supply chain can contribute and learn from this innovative project. Innovations such as the integration of battery storage technologies are another key element in the future energy mix and will enable a greater penetration of renewable technologies in Scotland and support the development of next generation ideas such as floating wind.” “We are developing a programme that will match Scottish supply chain capabilities and research excellence with the technology challenges of developing innovative battery storage solutions, ensuring Scotland and the wider UK benefits from the economic opportunities presented by this internationally important project.” Maggie McGinlay, Director of Energy and Clean Technology at Scottish Enterprise, commented: “We’ve worked with Statoil for a number of years to deliver the Hywind project, so it’s fantastic to remain involved in this next stage of battery storage innovation. This is exactly the kind of innovation in the energy sector we’re keen to encourage and support as it may have potential to advance industry growth in Scotland.” SOURCE: Statoil
sarkasm
01/2/2016
12:55
Cash received with TDW.
flyfisher
31/12/2015
10:48
Topvest, I don't see where we can get a further distribution in 3 years time, the company will be liquidated by spring. 60p shortly and up to 0.3p at liquidation is what I read, am I missing something?
flyfisher
03/12/2015
18:08
Looks like we could receive a further distribution in 3 year's time if the Rump Assets are sold for in excess of a certain amount. Looks like the Directors could make a packet on these - they pay £1. They have been clever to maximise the initial distribution, but... 1. Is the BlackRock price for the assets acquired really a fair price? It looks to me like their is a speed discount here. 2. Why de-list and give the residual business to management for £1 - they could still have run this as an AIM listed development company with us shareholders sharing some of the upside more directly. Overall, can't help feeling that this is all very convenient. Shareholders get a reasonable payback (albeit still at a loss) and the directors get much more, as do BlackRock. I can't see any comment from Ecofin yet.
topvest
03/12/2015
17:41
I will vote for it, despite the bid being below what I see as fair value. I was only here for the bid arbitrage, so I currently view the confirmed bid as a positive.
flyfisher
03/12/2015
17:27
I'm voting AGAINST not that my vote will make any difference.
topvest
03/12/2015
17:19
How are people voting? Interesting that they don't appear to have any irrevocable commitments from large holders. Think this is a low ball offer and they are painting a bleak picture. Then again, what's the alternative really? Can't see anyone else bidding as they are too close to BlackRock. Think we have been stitched-up. Management seem to do OK - they don't seem to be paying anything for all the contracts that they will get which will allow salaries to continue.
topvest
02/12/2015
10:36
Pretty poor offer versus the book value of the business. The directors appear to be stripping some value, rather than keeping the residual business listed.
topvest
02/12/2015
09:11
Was going to buy more stock as an arb play at 57.6 offer Shouldn't have dithered Deal spread has tightened up a bit now
spob
02/12/2015
09:02
Yep http://uk.advfn.com/stock-market/london/renewable-eng-WIND/share-news/Renewable-Energy-Generation-Ltd-Proposed-Sale-of-t/69549923
praipus
02/12/2015
08:14
60p plus a possible 0.3p
spob
20/11/2015
11:54
Http://gridwatch.templar.co.uk/ added to header.
praipus
17/11/2015
08:28
http://www.heraldscotland.com/news/14035101.Big_rise_in_climate_change_investment/
m.t.glass
13/11/2015
17:04
Sector competitor UKW announced a £50m placing the other day, with proceeds to be used to acquire an existing wind portfolio. UKW seem to think that acquiring developed projects is where value lies now that the government has made early changes to planning and subsidies. They are apparently in exclusivity with the potential seller. Could they be the interested party, with existing management taking on the solar and bio divisions?
flyfisher
13/11/2015
15:56
Isn't the Offer from an unnamed party who will then sell certain subsidiaries to Wind's management, rather than the Offer from management?
hutch_pod
13/11/2015
15:34
Read Simon Thompson in paper IC... What he didnt point out/stress was that offer is from companies own management. "The Offer envisages that at the closing of the transaction, certain subsidiaries within the Assets will be acquired by a new company formed by the executive management team of REG. " So in essence management are doing due dilligance on assets they themselves bought/ develop / run. What does it say if it fails !
rjmahan
13/11/2015
15:23
Good of company to keep markets informed of progres_s IMHO. http://uk.advfn.com/p.php?pid=nmona&article=69299051
praipus
12/11/2015
12:17
Thanks skyship. I would probable agree with his upside/ downside but disagree with market on odds of going ahead must be better than 50/50
rjmahan
12/11/2015
10:47
rjm - he sees 11p upside and 11p downside depending on whether the bid actually arrives, which is for the company's assets - NOT for the company itself. Many a slip twixt cup and lip - so high risk...
skyship
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