Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksStilo Share News (STL)

  • There is currently no data for STL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Sweden's Vattenfall wins Dutch 700 MW offshore wind tender

Mon, 19th Mar 2018 17:22

SCHIEDAM, March 19 (Reuters) - Swedish utility Vattenfallhas won the right to build a 700 megawatt (MW)subsidy-free wind farm in the Dutch part of the North Sea, theDutch Ministry of Economic Affairs said on Monday.

The Netherlands' government is among the first to offer aso-called zero subsidy tender for wind power, in which only bidsthat required no government support could compete for the two350 MW slots known as Hollandse Kust I and II.

Vattenfall beat Norway's Statoil and Germany'sInnogy in the tender. Its Dutch subsidiary Nuon willbuild and operate the wind farm, with expected completion by2022.

The wind farm in the Dutch North Sea will provide enoughsustainable electricity for one million households, the ministrysaid in a statement.

"Thanks to drastically lower costs, offshore wind farms arenow being constructed without subsidy," Minister of EconomicAffairs Eric Wiebes said. "Innovation and competition are makingsustainable energy cheaper and cheaper, and much faster thanexpected, too.”

The Hollandse Kust tender was the third of five tendersbeing held by the Dutch in a push to create 3,500 MW of offshorewind power by 2023.

The first two projects, for 700 MW each, were awarded in2016 to Danish energy company Orsted and aconsortium including Anglo-Dutch oil major Royal Dutch Shelland Dutch energy provider Eneco.(Reporting by Bart Meijer and Toby SterlingEditing by Alexander Smith and David Goodman)

More News
28 Jul 2016 14:04

Richard Alsept steps down from Stilo

(ShareCast News) - Stilo announced on Thursday that by mutual agreement, Richard Alsept is resigning from his position as director, CFO and company secretary as of 12 September, subsequent to the anticipated announcement on 1 September of its interim results for the 6 months ended 30 June. The AIM-t

Read more
21 Jun 2016 16:11

DIRECTOR DEALINGS: Stilo International Chairman Buys Shares

Read more
21 Jun 2016 10:24

DIRECTOR DEALINGS: Stilo International Chairman Buys Shares

Read more
20 Jun 2016 11:12

DIRECTOR DEALINGS: Stilo International Chairman Buys 200,000 Shares

Read more
13 Jun 2016 15:24

Director dealings: Centamin chairman sells £5.6m shares

(ShareCast News) - Centamin founder and executive chairman Josef El-Raghy has sold disposed of 5m shares not long after they hit their highest levels for five years. The chairman of the Egyptian gold miner offloaded shares in his Nordana fund between 8 June and 10 June at an average price of £1.11 p

Read more
13 Jun 2016 10:59

DIRECTOR DEALINGS: Stilo International CEO Sells 2.6 Million Shares

Read more
18 May 2016 07:45

Stilo International Trading In Line With Expectations In 2016

Read more
11 May 2016 15:05

AGM, EGM Calendar - Week Ahead

Read more
16 Mar 2016 09:19

Stilo Shares Fall Despite Increasing Dividend As Profit Rises In 2015

Read more
9 Sep 2015 09:07

Stilo International Trading In Line As First-Half Profit Rises

Read more
12 Jun 2015 11:54

DIRECTOR DEALINGS SUMMARY: Howden Joinery Execs Sell 1 Million Shares

Read more
9 Jun 2015 15:13

Chairman of Stilo International buys 5m shares

The chairman of Stilo International acquired 5m new shares for 3p each in the IT services group. David Ashman, who is also a non-executive director, spent £441,000 in the transaction and now holds 20.2m ordinary shares, which represents 18.4% of the company's issued capital. The group said last mon

Read more
9 Jun 2015 10:17

DIRECTOR DEALINGS: Stilo International Chairman Buys 5 Million Shares

Read more
18 May 2015 11:09

Stilo International Gets Order For Cloud Content Conversion Service

Read more
14 May 2015 09:01

Stilo Trading In Line And New Product Development On Track

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.