Equinor’s Empire Wind 1 project in the US has now secured a project financing package of over USD 3 billion. Financial close was reached at the end of December 2024.
The British subsidiary of the Iberdrola Group and the port authority Peel Ports Great Yarmouth have signed an agreement to reserve the site and carry out this assignment.
Through shared and specialized work teams, Fincantieri and Sparkle will analyse the requirements for improving the security of undersea telecommunications infrastructures