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- Category: Company News
Ørsted has announced plans to reduce its global workforce by around 2,000 positions by the end of 2027 as part of its updated business plan and strategic priorities. The adjustment aims to strengthen competitiveness and reflects a sharper focus on offshore wind and the European market.
- Category: Company News
The Minnesota Public Utilities Commission has approved the acquisition of Allete by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP). With all regulatory approvals now in place, the transaction is expected to close in late 2025 following the commission’s written order.
- Category: Company News
Ørsted has completed its rights issue of new shares with a nominal value of DKK 10 each, in accordance with the prospectus dated 15 September 2025. The new shares were registered with the Danish Business Authority on 9 October 2025.
- Category: Company News
In the third quarter of 2025, Nordex recorded orders totalling 2,170 MW in the Projects segment, excluding service business. This represents an increase of around 26% compared with the same period in 2024 (1,726 MW). For the first nine months of 2025, total order intake reached 6,661 MW, up from 5,083 MW in the previous year.
- Category: Company News
Deutsche Windtechnik expanded the management team of its offshore unit on 1 October 2025, appointing Achim Berge Olsen as Chief Executive Officer. Former CEO Jens Landwehr has taken on the newly created roles of Chief Financial Officer and Chief Technology Officer, while Marcel Meins supports the team as authorised signatory in the role of Chief Operating Officer.
- Category: Company News
Flender has announced an upgrade to its service centre in Cambridge, Canada, merging its Industry and Wind repair operations at the site. The expansion includes new tooling, improved workflows and increased production capacity.
- GBM Works completes second close of Seed funding round
- Iver names Joaquín Morón Managing Director of Spain
- Y-MatTec plans UK grout facility at Port of Montrose
- Fortescue acquires Nabrawind Technologies
- RES appoints Bruce Hall as CEO of Digital Solutions
- WindSTAR receives NSF grant for AI-driven wind energy research
- Sif to appoint Pepijn Timmermans as COO and Executive Board member
- Ming Yang appoints Horatio Evers as CEO of European business
- Hitachi Energy expands transformer factory in Canada
- Power Factors appoints new Chief Delivery Officer and Chief Product Officer
- Onyx Insight names Alexis Grenon as CEO
- ABO Energy considers building own renewable energy portfolio
- European Energy issues new bond to support construction programme
- Subsea7 shareholders approve merger with Saipem and dividend payments
- Ryan Severe wins NSC Green Cross for Safety Innovation Award
- Avincis acquires KN Helicopters to expand into offshore wind
- Cadeler takes delivery of first A-class vessel Wind Ally
- TenneT secures equity funding for German operations
- Iberdrola focuses growth on UK and US networks
- Octopus Renewables Infrastructure Trust reports interim results and launches growth strategy
- SkySails Power and AiSails Power expand partnership in airborne wind energy
- Mikael Vainionpää appointed EVP of Enersense Energy Transition Business Unit
- EIB supports Nexans investments in research and industrial projects
- Gurit appoints Viktor Bernhardt as CFO
- Fugro withdraws financial guidance for 2025
- OEG reports first-half 2025 performance
- Iberdrola exits Hungarian market
- OnPath Energy plans UK expansion
- Huaneng launches tender for 35 MW turbine test bench in China
- Freudenberg Sealing Technologies commissions test bench for large-format shaft seals
