The transaction was approved, subject to conditions, earlier in the year and involved the financial and commercial arrangements relating to the acquisition by TUIC of the HL Cruises’ business, including its luxury and expedition fleet, consisting of two five-star plus category luxury vessels and three expedition cruise ships.
This is the largest onshore wind PPA signed in Europe to date. The wind farms, which are under construction, will be connected to the grid over the next 12 months. They are expected to generate enough renewable power to provide for approx. 430,000 Spanish households.
With a capacity of nearly 40 MW and covering a 15-20-year period, these green CPPAs are among the largest in Europe in terms of volume to date.
The Royal Decree-Law 23/2020, which approves measures in the field of energy and other areas for economic recovery entered into force on 25 June 2020. This article provides an analysis of the changes introduced and their effect on renewable energy projects.
A seabed lease agreement for the project has now been signed with the Crown Estate, following the authority’s call for extension applications from 2017, which resulted in seven projects being approved.
The funding, provided by the European Investment Bank, will be used for new investments in research, development and innovation planned by Sanlorenzo for 2020-2022.
The financing follows on from the company’s US$12m Series A round in November 2019, at the time one of Pakistan’s largest rounds to date.
Partners Lindsey Keeble and David Osborne, and George Macheras have written two expert analyses for prestigious shipping magazine Marine Money’s Q2 2020 edition.
The impact of the COVID-19 pandemic is pushing both US and foreign borrowers to consider US bankruptcy options. This article explores what lenders need to know about US Bankruptcy Code to protect their investment.
The Gecama wind farm will provide clean energy to approximately 260,000 Spanish households, preventing annual emissions of approximately 150,000 tons of CO2.