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Salamander, Tugdock forge partnership

Floating wind developer is working with Cornwall-based outfit to discuss Scottish supply chain opportunities Tugdock has signed a memorandum of understanding (MoU) with Salamander floating offshore wind farm to collaborate on innovation for floating offshore wind energy in Scotland. Salamander Offshore Wind has engaged with Tugdock to discuss opportunities to collaborate in research and innovation related to the development of technologies and supply chain for floating wind energy in Scotland. Salamander Offshore Wind is a joint venture development project between Simply Blue Group, Ørsted and Subsea7 and will be located offshore from Peterhead in North-East Scotland. Salamander Offshore Wind has signed an exclusivity agreement as part of Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. Tugdock is a fast-growing company based in Cornwall UK. The Tugdock technology consists of a modular road transportable space frame with the use of patented air lift bags that are filled and then vented using compressed air. By confining the air lift bags into a space frame configuration and deck arrangement, their product can be used as additional buoyancy modules or submersible platforms. This technology enables floating offshore wind turbine substructures to be built or assembled and the turbines integrated in ports with water depth or space restrictions. It is a lighter, shallow drafted, quicker, and more cost-effective alternative to a steel hulled barge or floating dock. Shane Carr, CEO of Tugdock says: “The objectives of this exciting collaboration are for Salamander Offshore Wind and Tugdock to jointly develop innovative knowledge and technologies to accelerate the development of floating wind energy. “This is currently a fast-evolving industry around the world. We are delighted to have agreed this forward-looking collaboration and we are confident that it will lead to significant progress.” Tom Brown, Innovation and Interface Manager of Salamander Offshore Wind says: “Tugdock is a highly innovative young company and we are looking forward to working closely with them to explore the applications of their technology.” Tugdock has also announced partnerships with Sarens, the global leader in crane rental and heavy lifting, and with Crowley, a US-based supply chain solutions company serving th United Kingdom

John Laing snaps up Hornsea 2 transmission assets stake

Investor has acquired HICL’s 37.5% shareholding as part of portfolio of five deals together worth £204m Infrastructure investor and manager John Laing Group has bought a stake in the transmission assets for the Hornsea 2 offshore wind farm as part of a portfolio acquisition from HICL Infrastructure. The group has acquired HICL’s entire equity interest in four UK public-private partnership projects, which include a 37.5% in the Hornsea 2 offshore transmission assets, for a total consideration of £204m The Hornsea 2 offshore transmission system connects the Hornsea 2 offshore windfarm 90km east of the Humber Estuary in North Yorkshire with the UK mainland. This marks John Laing’s first investment in the electricity networks sector and the company said it is exploring other UK opportunities in this sector as grids become a more strategic investment priority to meet decarbonisation and net zero goals. All five acquisitions are expected to complete before the end of March 2024. Andrew Truscott, Chief Executive of John Laing, said: “We are delighted to acquire this portfolio of operational core infrastructure assets backed by long-term contracts linked to inflation. “These assets further diversify our current portfolio, building on our extensive education, health and renewable energy experience. “The transaction also marks our entry into the growing transmission sector, where we see exciting opportunities.” John Laing was advised by BNP Paribas, White & Case, Gibson Dunn, Arup, Aon, PwC and ERM. United Kingdom

Nordex scoops 135MW Italian wind deal

Manufacturer will supply 20 turbines from the Delta4000 series for two projects in the Apulia region Nordex has been awarded two contracts totalling 135MW for turbines for wind projects in southern Italy. The agreements are for the supply and installation of 20 turbines from the Delta4000 series for two projects in the Apulia region. The orders also each include a ten-year service agreement for the turbines. The customers name and projects’ names are undisclosed. Between them the wind farms will require seven N163/6.X turbines, four N163/5.X turbines and nine N163/6.X turbines. Nordex will install the turbines on tubular steel towers with a hub height of 108 and 113 metres during summer 2024 and commissioning is scheduled for the end of next year. Italy

SUSI Partners finances 107MW Chilean solar

Projects benefit from stabilised offtake prices under the PMGD regime and are due online by the end of 2024 SUSI Partners, acting on behalf of its SETF fund, has secured debt financing for a 107MW portfolio of solar projects in Chile. The debt financing deal is with the Miami branch of Chilean bank Banco de Crédito e Inversiones (BCI), which is acting as lender and administrative agent, and Norwegian financial services group DNB. The greenfield distributed generation projects, which benefit from stabilised offtake prices under Chile’s PMGD regime, are under construction with the entire portfolio expected to be fully operational by the end of 2024. The portfolio was acquired by SUSI as part of a framework agreement with BIWO Renovables, a Chilean renewables developer with longstanding experience in delivering distributed renewable energy projects. The Chilean portfolio is held through SETF, SUSI’s flagship evergreen energy transition fund, which holds a well-diversified portfolio across OECD jurisdictions, including clean energy generation, energy efficiency, battery energy storage, customer energy solutions and electric vehicle charging infrastructure. Through this partnership, SUSI is looking to further expand its footprint in the rapidly growing Chilean clean power market in the coming years. The projects exemplify SUSI’s commitment to best-practice ESG standards, which is increasingly an important factor in securing debt financing from top-tier financial institutions. In addition to dedicated responsible procurement initiatives, SUSI and BIWO are “engaging proactively with local communities, prioritising local suppliers, compensating for temporary loss of agricultural land, and fostering the recycling and reuse of construction materials”. Chile

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