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Ratos AB: Aibel awarded an additional offshore wind contract

Aibel has again been awarded an offshore wind contract by the SSE Renewables and Equinor consortium, developing the world's largest offshore wind farm in the Dogger Bank area in the UK part of the North Sea.

Aibel is to provide the converter platform for the power transmission from the offshore wind farm to the shore. This in connection with the construction of the third phase of the Dogger Bank wind farm, Dogger Bank C. In 2019, Aibel was awarded a contract for two transformation platforms for the first phases of the project, Dogger Bank A and Dogger Bank B.

The offshore wind farm in the Dogger Bank area will have a combined capacity of 3.6 GW, making Dogger Bank the largest offshore wind farm in the world, and are expected to produce enough energy to power the equivalent of 6 million UK homes.

In May 2019, Aibel was awarded a similar contract (DolWin5) for the connection of the offshore wind farm Borkum Riffgrund 3, with the German network operator TenneT as customer. Renewable energy projects form an increasing part of Aibel's project portfolio.

"With this contract, we once again confirm our position as a preferred supplier in the European offshore wind segment and strengthen our role in the ongoing energy industry transformation," says Aibel's President and CEO, Mads Andersen.

"It is gratifying to note how well Aibel has succeeded in positioning itself as a preferred supplier in offshore wind segment and gradually increases its exposure to renewable energy," says Christian Johansson Gebauer, Head of Business Area Construction & Services at Ratos.

Dogger Bank A will be put into operation in 2023, while Dogger Bank B is planned for 2024 and Dogger Bank C in 2025.

Read more about the project here: www.doggerbank.com

 

For further information:
Helene Gustafsson, Head of IR and Press
Phone: +46 70 868 40 50
helene.gustafsson@ratos.com

Christian Johansson Gebauer, Head of Construction & Services
Phone: +46 8 700 17 00

 

About Ratos:
Ratos is a business group consisting of 11 companies divided into three business areas: Construction & Services, Consumer & Technology and Industry. In total, the companies have SEK 33 billion in sales and EBITA of SEK 2 billion. Our business concept is to develop companies headquartered in the Nordics that are or can become market leaders. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas for Ratos. Everything we do is based on Ratos's core values: Simplicity, Speed in Execution and It's All About People.

Source: Cision
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