Galileo Green Energy to launch wind farm pipeline in Sweden, UK, and Ireland. | NZ |

  • November 20, 2020 11:41 PM NZDT
  • Team Kalkine

Galileo Green Energy has secured a contract to build a wind farm pipeline in Sweden and the UK of ~1,000 MW and ~500 MW, respectively. Earlier the company obtained a partnership deal with EMPower to build a ~300 MW (currently ~400 MW) greenfield wind farm sites in Ireland. The company has been provided an initial fund of €220 million, with Infratil Limited (NZX: IFT) contributing 40%.

* NZO Provides Ironbark Drilling Update New Zealand Oil & Gas Limited (NZX: NZO) has provided a third weekly update on Ironbark. As per the Operator, the Ironbark-1 well has touched a calculated depth of 2410 meters.

* IAG Reports Single Digit Growth in Gross Written Premium For the quarter ended 31 October 2020, Insurance Australia Group Limited (ASX: IAG) reported growth of low single-digit in gross written premium, in spite of unfavourable foreign currency translation effect from New Zealand.


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