Renewable

October 22 (Renewables Now) - French offshore shipping services firm Bourbon (EPA:GBB) said today it has won a turnkey contract to install the turbines that will make up the 25-MW WindFloat floating wind project.

Through its Subsea Services team, the company will install three 8.3-MW turbines about 20 km off the coast of Viana de Castelo in northern Portugal. Once completed, WindFloat is expected to produce enough energy to meet the power demand of 60,000 homes annually.

For this project, the French company is providing a variety of marine assets required for the different phases of the operations, including AHTS, tugs and ROVs. The contract also covers project management, engineering and the procurement of the complete mooring system supplied by offshore company Vryhof, Bourbon stated.

The 25-MW wind project is owned by WindPlus SA, a consortium including EDP Renovaveis SA (ELI:EDPR), Spanish oil and gas major Repsol SA (BME:REP) and US floating wind foundation specialist Principle Power Inc.

Last week, EDP said it has received a EUR-60-million (USD 68.8m) loan from the European Investment Bank (EIB) for WindFloat, while a further EUR 29.9 million are being granted as part of the NER300 programme.

(EUR 1 = USD 1.147)