DEME Secures Major Contract for Princess Elisabeth Island Subsea Cables
| |

DEME Secures Major Contract for Princess Elisabeth Island Subsea Cables

ByWindmills Tech Editor

June 21, 2024 –DEME, in consortium with Hellenic Cables, has been awarded a substantial contract for the supply and installation of high-voltage subsea cables for Princess Elisabeth Island in the Belgian North Sea. This project, developed by grid operator Elia, marks a world first in the creation of a European high-voltage grid at sea. The contract…

Masdar Announces €3.2bn Acquisition of Greece’s TERNA ENERGY
| |

Masdar Announces €3.2bn Acquisition of Greece’s TERNA ENERGY

ByWindmills Tech Editor

June 21, 2024 – Abu Dhabi Future Energy Company PJSC – Masdar has reached a definitive agreement to acquire a majority stake in Greece’s TERNA ENERGY SA. This transaction, valued at €3.2 billion, is the largest ever energy deal on the Athens Stock Exchange and one of the most significant in the EU renewables sector….