HLP Brings “Fresh Approach” to Offshore Wind Farm Logistics. Funding Secured for Engineering Work

(OE) Heavy Lift Projects Ltd (HLP), a provider of offshore wind farm logistics, said Tuesday it had completed a funding round with private investors and opened its first office in Edinburgh. The company said that Capercaillie (Investments) Ltd and Giles W Pritchard-Gordon & Co Ltd have committed a "multi-million-pound" investment, which will be used to... Continue Reading →

Orsted says offshore business faced headwinds in Q4 due to delays, hedges

(Reuters) - Denmark's Orsted (ORSTED.CO), the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. "In a year with unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we're happy to achieve a record-high... Continue Reading →

Blog at WordPress.com.

Up ↑