Innogy takes FID for Kaskasi offshore wind project

Innogy SE (ETR:IGY) today said it has taken the final investment decision for its 342-MW Kaskasi offshore wind project in German waters and also announced about EUR 500 million (USD 539.5m) worth of related contract awards.

As unveiled separately, Siemens Gamesa Renewable Energy SA (BME:SGRE) will supply 38 units of its SG 8.0-167 DD Flex offshore wind turbines for the project, each with a capacity of close to 9 MW. In turn, Bladt Industries A/S has been contracted to fabricate, deliver and commission the offshore transformer substation as well as all monopile foundations.

On the other hand, Seaway 7 will be in charge of the installation work, relying on a new and improved method called “vibro pile driving.” According to the company, this technique reduces installation time and noise emissions.

Last but not least, a cable production contract has been awarded to Dutch firm Twentsche Kabel Fabriek (TKF).

The Kaskasi wind park will be built about 35 kilometres (21.7 miles) north of the island of Heligoland, with construction work expected to begin in the third quarter of 2021.

Innogy pointed out that the Kaskasi wind farm will be connected to the same grid connection cluster as the nearby Nordsee Ost plant, thus creating synergies.

(EUR 1.0 = USD 1.079)

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