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UPDATE - Siemens, VBMS secure jobs on Arkona offshore wind project

Copyright by Siemens AG

April 25 (SeeNews) - The same day that Germany’s E.on SE (ETR:EOAN) said it had made a final investment decision on the 385-MW Arkona offshore wind development in the Baltic Sea, Siemens (ETR:SIE) and VBMS announced a couple of orders tied to the project.

Siemens confirmed it has won a deal to supply, install and commission 60 pieces of its 6-MW direct-drive offshore wind turbines. The company will service the machines jointly with E.on over the first two years following installation, which is scheduled to start during the summer of 2018.

Meanwhile, Dutch subsea power cable installer VBMS said it got a contract from E.on to install 65 inter array cables for the Arkona project. The firm will take care of route engineering, surveying, a pre-lay grapnel run, trenching, termination and testing of the 65 cables. It will commence work in 2018.

As unveiled by E.on, Norwegian oil and gas major Statoil (OSL:STL) is buying a 50% stake in the offshore wind project and will participate in it from the very start.

The EUR-1.2-billion-plus (USD 1.35bn) Arkona wind park is expected to start power generation in 2019.

(EUR 1.0 = USD 1.125)

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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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