Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTOctober 4 (Renewables Now) - US construction service company Jacobs Engineering Group Inc (NYSE:JEC) has been hired to provide wide-ranging support to the SuedLink power line project to install a north-south underground cable connection to transport wind power across Germany.
The project planners, transmission system operators (TSOs) TenneT Holding BV and TransnetBW GmbH, have separately appointed Jacobs to act as the central service provider on their behalf, the US company announced this week. Jacobs’ scope of services will cover programme and contract management, planning and approvals, stakeholder engagement and logistics, among other activities.
The SuedLink project comprises the construction of a 700-kilometre underground cable line that will carry wind power from northern Germany to the southern states of Bavaria and Baden-Wuerttemberg. The two TSOs have split the work so that TenneT will be in charge of the northern section, while TransnetBW will take the southern part of the cable connection.
Still in the approval stage, the SuedLink project will require an investment of around EUR 10 billion (USD 11bn).
(EUR 1.0 = USD 1.10)
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST