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Sif leases more land at Port of Rotterdam to meet marshalling services demand

Sif's Maasvlakte 2 factory. Photo by: Sif Holding NV (www.sif-group.com).

August 27 (Renewables Now) - Dutch steel tubulars manufacturer Sif Holding NV (AMS:SIFG) has agreed to lease more land at the Port of Rotterdam in order to cater to the growing demand for marshalling space and onshore support services in the offshore wind industry.

The company said today that it has entered into an agreement on the lease of an additional 20 hectares (49.4 acres) industrial land that is adjacent to Sif’s existing operations at Maasvlakte 2 near Rotterdam. The monopiles supplier currently has 42 ha land there, leased for a period of 25 years and used to set up its existing assembly facility. The agreed expansion has an expiration date parallel to the already leased land, Sif said.

The Dutch tubular components maker also unveiled the award of a contract by DEME Offshore for the provision of marshalling services in relation to the 752-MW Borssele I&II offshore wind complex project. This contract will become effective in October 2019.

Sif said that, for the above-mentioned project, 47 monopiles, 94 transition pieces and 94 anode cages will be shipped from Denmark, Germany and the UK to Maasvlakte 2, where they will be assembled and prepared for offshore construction.

The company expects to generate annual revenues in the double digit million-euro range from such activities within two to three years.

The Borssele 1 and 2 offshore wind parks will be located off the coast of Zeeland in the Netherlands and will use 8-MW Siemens Gamesa 8.0-167 DD wind turbines. Danish offshore wind developer Ørsted SA (CPH:ORSTED) won a tender for the two Borssele areas in the summer of 2016. Construction of the plants is slated to begin in 2020.

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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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