Sepember 17, 2009
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Energy & Renewables Newsletter Sepember 17, 2009 |
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| This Week´s Featured News Stories |
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BP sells Indian wind farm operations for US$95m
As BP continues to focus its wind business on its major development portfolio in the US, it has announced the sale of its wind power interests in India Green Infra Limited has purchased BP`s subsidiary, BP Energy India Private Limited (BPEIPL), which owns and operates three wind farms in India with a total generating capacity of approximately 100 megawatts (MW), for a total cash-free, debt-free enterprise value of 4.622 billion Rupees (approximately $95 million), comprising a cash consideration received by BP of 1.779 billion Rupees (approx. $37 million) and net debt assumed by the purchaser ... |
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Made In Britain: The world`s biggest wind turbine blades
The world’s biggest wind turbine blades will be made in Britain, Energy and Climate Secretary Ed Miliband has said. Announcing grants for three offshore wind energy companies Mr Miliband told the TUC annual conference: “With strong government backing, the UK is consolidating its lead in offshore wind energy. We already have more offshore wind energy than any other country, we have the biggest wind farm in the world about to start construction, and now we’ll see the biggest turbine blades in the world made here in Britain. “Our coastline means the offshore wind industry has the potential ... |
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