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GE, Petrofac get GBP-110m job on 336-MW wind project in UK waters

Offshore wind turbines. Featured Image: Eugene Suslo/Shutterstock.com

January 28 (SeeNews) - US conglomerate General Electric Co (NYSE:GE) and oilfield services firm Petrofac Ltd (LON:PFC) have won a contract to build and install a turnkey power system for the 336-MW Galloper offshore wind project in British waters.

GE and Jersey-registered Petrofac were awarded the GBP-110-million (USD 157m/EUR 144m) contract by project developer Galloper Wind Farm Ltd, which is owned equally by RWE Innogy, the UK Green Investment Bank (GIB), Siemens Financial Services and Macquarie Capital.

Under the terms of the deal, Petrofac will take care of the topside and jacket foundation designs, fabrication, transport and installation of the offshore substation and offshore logistics to back hook-up and commissioning of the wind park.

At the same time, GE will provide overall electrical system design in addition to on- and-offshore substation equipment, power transformers and gas insulated switchgear, two static VAR compensators as well as all ancillary and supporting electrical equipment.

The Galloper offshore wind farm will consist of 56 units of 6-MW Siemens turbine. The parties noted that the offshore substation for the wind park is scheduled for completion in 2017 and the plant is seen to start operations in March 2018.

(GBP 1.0 = USD 1.432/EUR 1.312)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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