Hexicon reports Q1 2026 progress on offshore wind portfolio and restructuring
A bagel-shaped object. The form is there, the soul isn't.
Summary
Hexicon published its Q1 2026 interim report, highlighting restructuring progress and offshore wind portfolio advancements. Key developments include confirmation that remaining Hexicon Holding projects retain sufficient equity value after a control balance sheet review, and progress at the Pentland floating offshore wind project (92.5 MW) where Hexicon holds a 10% stake, after securing a Contract for Difference.
Key quotes
· 3 pulledHexicon has published its interim report for the first quarter of 2026, highlighting continued restructuring activities and progress across its offshore wind project portfolio.
The company confirmed that the remaining projects held by Hexicon Holding retained sufficient value to support the company's equity position following completion of a control balance sheet review.
The period also included progress at the Pentland floating offshore wind project, in which Hexicon holds a 10% stake, after the project secured a Contract for Difference covering 92.5 MW.
You might also wanna read
Equinor and Polenergia begin offshore foundation installation at Bałtyk 2 and 3 wind farms
Equinor and Polenergia have begun installing the first offshore wind foundations at the Bałtyk 2 and Bałtyk 3 projects in the Baltic Sea. He
windtech-international.com·4d ago
UK surpasses 2 million solar installations with 22.1 GW total capacity
The UK has reached a new milestone with over 2 million solar installations, totaling 22.1 GW of capacity by March 2026. Installation volumes
pv-magazine.com·3h ago
Falling Solar Costs and Rising Demand Fuel Mega-Solar Farm Projects Globally
Falling solar panel costs and rising demand for clean electricity are driving the development of increasingly large solar farm mega-projects
oilprice.com·7h agoFalling Solar Costs and Rising Demand Fuel Mega-Solar Farm Projects Globally
Falling solar panel costs and rising demand for clean electricity are driving the development of increasingly large solar farm mega-projects
oilprice.com·7h ago
First phase of $1.1 billion Texas solar farm goes online, powering AT&T and Toyota
Sequoia Solar, a $1.1 billion solar farm in Callahan County, Texas, has activated its first 400 MW phase, with a second 415 MW phase expecte
apple.news·22h ago
RWE receives grid approval to operate Australia's first eight-hour battery storage system at full capacity
German energy giant RWE has received official approval to operate Australia's first eight-hour battery energy storage system at full capacit
share.google·1d ago