Fred. Olsen Windcarrier gets installation contract for 476-MW Baltic Eagle

Fred. Olsen Windcarrier AS (FOWIC) has been contracted to transport and install the turbines at the 476-MW Baltic Eagle offshore wind project in Germany, the company, which is part of the wind service division of Norwegian group Bonheur ASA (OSL:BON), said today.

FOWIC has secured the contract from Danish wind turbine manufacturer Vestas Wind Systems A/S (CPH:VWS), which is supplying 50 Vestas V174-9.5MW turbines for the wind farm in the German Baltic Sea. The offshore wind project is being developed by Spanish utility group Iberdrola SA (BME:IBE).

The installation works will start in 2024, FOWIC said. The job will be performed by jack-up installation vessel Blue Tern, which was selected due to its ability to operate at deep water sites, it added.

The company also specified that this order is one of the three turbine transport and installation contracts, worth a total of up to EUR 124 million (USD 147m), that it announced at the end of May.

(EUR 1.0 = USD 1.186)

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