Tag Archives: Norway

Norway Supports Offshore Wind

Wenche Nistad GIEK CEO

State-backed Export Credit Guarantee Agency GIEK hits another milestone as it almost doubles its guarantee tally to the burgeoning sector. GIEK’s mission is to promote Norwegian exports–and it is doing that big time in the offshore wind market in Europe and further afield. Having reached around NOK 4 billion in June, its latest NOK 3.6 billion (GBP 300 million) risk-sharing splash

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Norwegian Company Wins US Offshore Wind Contract

Equinor has been declared the provisional winner of one of the three leases offered in the U.S. government’s wind lease sale for an area offshore Massachusetts. Equinor will now have the opportunity to explore the potential development of offshore wind farms to provide the region with a significant, long-term source of renewable electricity. The new lease, located south of Massachusetts

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