A power deal for U.S. Wind comes days after President Trump’s executive order pausing new wind leasing and permitting.

The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...

Equinor ASA announces that it has successfully closed a financing deal worth over USD 3 billion for its Empire Wind 1 offshore wind project in the United States. The financial close, finalized in ...

NYC will soon be getting its own personal offshore wind farm. The Empire Wind 1 project has received a $3 billion project financing package and is expected to go online in 2027, powering roughly ...

Seatrium Ltd. is an investment holding company, which engages in the provision of management services. It operates through the following segments: Rigs and Floaters, Repairs and Upgrades, Offshore ...

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A Norway-headquartered company has secured over $3 billion project financing package for Empire Wind 1, which is New York City’s first offshore wind farm. Equinor’s Empire Wind 1 project will ...

Back in June 18, Mooreast, located at 51 Shipyard Road, had announced plans to acquire an adjacent 98,919 sqm facility from Seatrium at 60 Shipyard Crescent to expand its production capacity for $13.5 ...

Seatrium was the STI’s top gainer and the most actively transacted. The rig builder added 5.8 per cent to $2.19 on trade of 60.5 million shares. Jardine Matheson Holdings led the losers ...

Equinor has secured $3 billion to finance New York’s Empire Wind 1 offshore wind farm, which will provide power for 500,000 homes when it comes online in 2027. It’s set to become the first ...

Norwegian state-owned oil giant Equinor has secured more than $3bn in project financing and financial close for its Empire Wind 1 project in the US, and announced that it will seek to sell part of the ...

Equinor ASA EQNR, the Norwegian energy giant, has secured a project financing package exceeding $3 billion for its U.S. offshore wind initiative, Empire Wind 1. The announcement marks a significant ...