Abu Dhabi sovereign wealth fund Mubadala has announced a US$325 million stake in the Hornsea 3 offshore wind project. Partnering with an Apollo-led consortium, the investment supports the development of the world’s largest single offshore wind farm off the Norfolk coast. The 2.9GW project will eventually power over 3.3 million UK homes, contributing significantly to the nation’s 2030 renewable energy targets and net zero ambitions.
ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
The European Investment Bank has signed a cooperation agreement with the Ukrainian government to provide expert guidance on major infrastructure projects. This partnership is part of the Ukraine FIRST initiative, which aims to prepare roads, railways and energy networks for reconstruction. With over €40 million in funding, the programme will help Ukraine meet European standards and secure necessary financing for long-term national recovery and development.
The Government of Alberta has signed a major memorandum of understanding with South Korea’s Hanwha Group. This partnership aims to expand energy exports and industrial growth between the two regions. By aligning Alberta’s vast natural resources with Hanwha’s technical expertise, the deal supports Canada’s Indo-Pacific Strategy. It focuses on crude oil, hydrogen and long term defence infrastructure to strengthen economic security and trade.
A new energy positive hub named Écosystème D has launched in Dunkirk to drive the regional energy transition. Located on Mole 2, the bioclimatic building houses an incubator, training centre and technology hall. Designed by Snøhetta, the project produces more energy than it uses through 1,200 m² of solar panels. It serves as a strategic link between the industrial port and the city centre.
The UK Government has officially granted a Development Consent Order for the Springwell Solar Farm in Lincolnshire. This major planning approval allows the joint project between EDF power solutions limited and Luminous Energy to move toward the construction phase. Once it is fully operational, the site is expected to generate enough renewable electricity to supply more than 180,000 homes every year, helping to secure the UK's future energy mix.
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