Fred. Olsen Seawind and Vattenfall Partnership with Successful Award of Floating Offshore Wind Site in Scotwind Leasing Round
January 17, 2022 at 05:11 am
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Bonheur ASA announced that a 50/50 partnership between Fred. Olsen Seawind (wholly owned by Bonheur ASA) and Vattenfall has been announced as a successful bidder in the Crown Estate Scotland's ScotWind offshore wind leasing round. The partnership has been awarded rights to develop a floating offshore wind project off the east coast of Scotland, north east of Aberdeen, with a capacity of up to 798 MW - enough electricity to power up to 700,000 homes. The project builds upon leading industry expertise, strong track record of delivering renewable energy projects and innovative solutions to the challenges of floating offshore wind, generating manufacturing and fabrication
opportunities locally and increasing long term sustainable jobs and value creation. Following this award, Fred. Olsen Seawind is in partnerships which have secured sites of up to 1.5 GW offshore wind in Ireland and 0.8 GW offshore wind in Scotland. In addition, the company is well positioned to take part in the upcoming offshore wind market in Norway and is actively pursuing additional projects in existing and new markets. Fred. Olsen Seawind is exploring long term financing opportunities to enhance further value creation.
Bonheur ASA is a Norway-based investment company. The Companyâs investments are related to the four main segments: Renewable Energy, Wind Service and Cruise and Other Investments. The Renewable Energy segment consists of Fred. Olsen Renewables AS and is engaged in development, construction and operation of wind farms. The Wind Service segment consist of Fred. Olsen Ocean Ltd. and its subsidiaries: Fred. Olsen Windcarrier AS, Global Wind Service A/S and United Wind Logistic GmbH., which own and operate three modern self-propelled jack-up vessels specially designed for transportation, installation and service of offshore wind turbines. The Cruise segment is typical ocean cruise holidays in Europe and world cruise. The Other investments segment include the ownership in NHST Media Group AS, which include publications and PR software services. The publications are Dagens Næringsliv, Tradewinds, Recharge Intrafish and Upstream. The PR software services are MyNewsDesk and Mention Solutions.