VBMS, NKT to provide Triton Knoll cables

VBMS working offshore. Source: VBMS. All Rights Reserved.

Sep 25 (Renewables Now) - A consortium of VBMS and NKT A/S (CPH:NKT) is the preferred supplier for the export and inter-array cables for the 860-MW Triton Knoll offshore wind farm off the UK east coast.

VBMS, a subsidiary of Dutch dredging and offshore contractor Royal Boskalis Westminster NV (AMS:BOKA), and the Denmark-based cable manufacturer have signed a preferred supplier agreement, covering the supply and installation of the cables, the companies said today in separate statements.

The award of the contract is subject to the Triton Knoll project reaching financial close, which, VBMS said, is expected in the second quarter of 2018. The deal is expected to be worth EUR 80 million (USD 95.2m) for VBMS and EUR 115 million for NKT.

VBMS said it will install the two 50-km long export cables and 97 66-kV inter-array cables with two own cable laying vessels. The work is scheduled for 2020.

Triton Knoll, which secured a contract for difference (CfD) in the UK government's recent auction, is a joint venture between Germany's Innogy SE (ETR:IGY) and Norway's Statkraft. VBMS and NKT are the latest companies to be announced as preferred suppliers after MHI Vestas Offshore Wind and a Sif-Smulders joint venture, which will provide the turbines and foundations, respectively. The wind farm will consist of 90 MHI Vestas turbines of 9.5 MW.

(EUR 1 =  USD 1.190)

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Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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