CRP Subsea changes hands

UK-headquartered AIS has acquired CRP Subsea as part of its growth strategy and with the aim of expanding its range of subsea offerings. Based in Skelmersdale, England, CRP Subsea, formerly Trelleborg Offshore UK, delivers polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil & gas industries. “Considerable growth is expected... Continue Reading →

Iberdrola to Invest $47B in Energy Transition in 2023-25. Nearly Half Of It in Offshore Wind

(Reuters) Spain's Iberdrola plans to invest 47 billion euros ($47 billion) in its electricity networks, renewable energy production and customer businesses in 2023-2025 alongside an expected rise in profits, it said on Wednesday.  Iberdrola is pushing to remain one of the global renewable power leaders at a time when utilities are facing a challenging transition... Continue Reading →

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