Energy Park, Saint Paul

Pacific Green Reaches Financial Close for £120 Million (US$146 Million) of Funding for Its 249 MW / 373.5 MWh Sheaf Energy Park Battery Development

Retrieved on: 
Friday, November 3, 2023

Dover, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”).

Key Points: 
  • Dover, DE, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Pacific Green Technologies, Inc. ("Pacific Green", OTCQB: PGTK) announces that it has reached financial close on a £120 million (US$146 million) senior debt facility (the “Facility”) for Pacific Green’s 249 MW / 373.5 MWh Sheaf Energy Park battery energy storage system in Kent, England (“Sheaf Energy Park”).
  • The Facility is provided by a two-bank syndicate, with National Westminster Bank plc (“NatWest”) and UK Infrastructure Bank Limited (“UKIB”) contributing £60 million (US$73 million) each.
  • The Facility will be used to fund the development and construction of Sheaf Energy Park, following which repayment will occur on a 10 year amortization profile upon the start of commercial operations.
  • Scott Poulter, Pacific Green’s CEO, commented: “Sheaf Energy Park represents one of the largest project-financed battery energy storage systems in the world.

Alfa Laval partners up with Cepsa to drive decarbonization

Retrieved on: 
Wednesday, October 5, 2022

During the three-year agreement period, Alfa Laval will provide process optimization services and heat exchangers to Cepsa's two Energy Parks in Spain.

Key Points: 
  • During the three-year agreement period, Alfa Laval will provide process optimization services and heat exchangers to Cepsa's two Energy Parks in Spain.
  • During the agreement period, Alfa Laval will optimize the processes in two energy parks by using Alfa Laval compact heat exchangers to achieve the highest possible energy efficiency and reduce CO2 emissions.
  • The agreement will contribute to our joint ambitions on decarbonization," says Thomas Mller, President of the Energy Division at Alfa Laval.
  • Agustn Bonilla, Technical Services Director at Cepsa, says: "We are pleased to work with Alfa Laval on this new project.

Pacific Green and Shell Enter Into Energy Optimisation Agreement for Pacific Green's 99.98 MW Richborough Energy Park Battery Development

Retrieved on: 
Wednesday, June 8, 2022

DOVER, DE, June 8, 2022 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that it has entered into an agreement with Shell Energy Europe Limited ("Shell") wherein Shell will provide dispatch trading and optimisation services for the 99.98 MW Richborough Energy Park battery energy storage system ("BESS") the Company is developing in Kent, England (the "Agreement").

Key Points: 
  • DOVER, DE, June 8, 2022 - (ACN Newswire) - Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that it has entered into an agreement with Shell Energy Europe Limited ("Shell") wherein Shell will provide dispatch trading and optimisation services for the 99.98 MW Richborough Energy Park battery energy storage system ("BESS") the Company is developing in Kent, England (the "Agreement").
  • Scott Poulter, Pacific Green's Chief Executive, commented: "As one of the world's most prominent energy providers, Shell has proven itself to be a leader in the power trading and optimisation sectors.
  • We see battery systems like Pacific Green's as a key contributor to Shell becoming a net-zero emissions business by 2050."
  • Pacific Green Technologies, Inc. is focused on addressing the world's need for cleaner and more sustainable energy.

DGAP-News: Pacific Green and Shell Enter Into Energy Optimisation Agreement for Pacific Green's 99.98 MW Richborough Energy Park Battery Development

Retrieved on: 
Wednesday, June 8, 2022

DOVER, DE / ACCESSWIRE / June 8, 2022 / Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that it has entered into an agreement with Shell Energy Europe Limited ("Shell") wherein Shell will provide dispatch trading and optimisation services for the 99.98 MW Richborough Energy Park battery energy storage system ("BESS") the Company is developing in Kent, England (the "Agreement").

Key Points: 
  • DOVER, DE / ACCESSWIRE / June 8, 2022 / Pacific Green Technologies, Inc. (the "Company" or "Pacific Green", (OTCQB:PGTK) announces that it has entered into an agreement with Shell Energy Europe Limited ("Shell") wherein Shell will provide dispatch trading and optimisation services for the 99.98 MW Richborough Energy Park battery energy storage system ("BESS") the Company is developing in Kent, England (the "Agreement").
  • Scott Poulter, Pacific Green's Chief Executive, commented: "As one of the world's most prominent energy providers, Shell has proven itself to be a leader in the power trading and optimisation sectors.
  • We see battery systems like Pacific Green's as a key contributor to Shell becoming a net-zero emissions business by 2050."
  • Pacific Green Technologies, Inc. is focused on addressing the world's need for cleaner and more sustainable energy.

King Salman Energy Park (SPARK) gives energy investors access to global markets with Hutchison Ports alliance

Retrieved on: 
Wednesday, September 15, 2021

KHOBAR, Saudi Arabia and HONG KONG, Sept. 15, 2021 /PRNewswire/ -- SPARK and Hutchison Ports are pleased to announce the signing of a shareholders' agreement for the formation of a joint venture to manage and operate the dry port and bonded logistics zone in the SPARK energy industrial city. Designed to ensure ease of access to global markets, the three-square-kilometre dry port will enable the future joint venture to capture the growing demand for logistics services for energy-related products in the Middle East and beyond while also serving the neighboring industrial cities.

Key Points: 
  • Mr. Mohammed Y. Al-Qahtani, Chairman of SPARK,summarised the significance of the agreement: "We are so proud to give investors another reason to do business at SPARK.
  • Hutchison Ports is a world class ports and terminal operator, and the step we take together today will give SPARK's investors ease of access to local and global markets.
  • King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem.
  • SPARK offers infrastructure at international standards for global investors in the oiland gas, refining, petrochemical, power and water production and treatment industries.

King Salman Energy Park (SPARK) gives energy investors access to global markets with Hutchison Ports alliance

Retrieved on: 
Wednesday, September 15, 2021

Mr. Mohammed Y. Al-Qahtani, Chairman of SPARK,summarised the significance of the agreement: "We are so proud to give investors another reason to do business at SPARK.

Key Points: 
  • Mr. Mohammed Y. Al-Qahtani, Chairman of SPARK,summarised the significance of the agreement: "We are so proud to give investors another reason to do business at SPARK.
  • Hutchison Ports is a world class ports and terminal operator, and the step we take together today will give SPARK's investors ease of access to local and global markets.
  • King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem.
  • SPARK offers infrastructure at international standards for global investors in the oiland gas, refining, petrochemical, power and water production and treatment industries.

King Salman Energy Park (SPARK) gives energy investors access to global markets with Hutchison Ports alliance

Retrieved on: 
Wednesday, September 15, 2021

KHOBAR, Saudi Arabia and HONG KONG, Sept. 15, 2021 /PRNewswire/ -- SPARK and Hutchison Ports are pleased to announce the signing of a shareholders' agreement for the formation of a joint venture to manage and operate the dry port and bonded logistics zone in the SPARK energy industrial city. Designed to ensure ease of access to global markets, the three-square-kilometre dry port will enable the future joint venture to capture the growing demand for logistics services for energy-related products in the Middle East and beyond while also serving the neighboring industrial cities.

Key Points: 
  • Mr. Mohammed Y. Al-Qahtani, Chairman of SPARK,summarised the significance of the agreement: "We are so proud to give investors another reason to do business at SPARK.
  • Hutchison Ports is a world class ports and terminal operator, and the step we take together today will give SPARK's investors ease of access to local and global markets.
  • King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem.
  • SPARK offers infrastructure at international standards for global investors in the oiland gas, refining, petrochemical, power and water production and treatment industries.

King Salman Energy Park (SPARK) gives energy investors access to global markets with Hutchison Ports alliance

Retrieved on: 
Wednesday, September 15, 2021

Mr. Mohammed Y. Al-Qahtani, Chairman of SPARK,summarised the significance of the agreement: "We are so proud to give investors another reason to do business at SPARK.

Key Points: 
  • Mr. Mohammed Y. Al-Qahtani, Chairman of SPARK,summarised the significance of the agreement: "We are so proud to give investors another reason to do business at SPARK.
  • Hutchison Ports is a world class ports and terminal operator, and the step we take together today will give SPARK's investors ease of access to local and global markets.
  • King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem.
  • SPARK offers infrastructure at international standards for global investors in the oiland gas, refining, petrochemical, power and water production and treatment industries.