Statera and Statkraft sign 15-year partnership

Independent UK power producer Statera Energy and Statkraft have announced a 15-year strategic partnership to realise 1GW of energy storage and flexible gas-powered generation. Statera Energy backed by global investment manager InfraRed Capital Partners, will continue to develop, build, own and…

Offshore wind farm submitted to NIP

Vattenfall has submitted an application to National Infratsructure Planning for its 1.8GW Norfolk Boreas offshore wind farm. The project will be sited around 94km offshore of Great Yarmouth. The application includes associated infrastructure required to export the electricity to the National…

Vattenfall issues green bond

Vattenfall has issued a €500 million green bond with a tenor of seven years. The bond is the first international issuance under an Euro Medium Term Note programme listed on Nasdaq Stockholm. The proceeds from the bond issue are earmarked for…

T-1 auction clears at £0.77/kW

The T-1 Capacity Market auction, securing 3626.196MW of ‘top up’ supply for the coming winter, cleared at a price of 77p per kW per year. Market participants are still waiting to hear whether the CM will be back in operation for…