GeoSea has signed an agreement for the Engineering, Procurement, Construction and Installation (EPCI) of ca. 100 wind turbine foundations and 3 offshore substation platform foundations, and the transport and installation of 3 offshore substation platforms. The contract award is subject to financial close which is expected to take place in the second half of 2018.
Moray Offshore Windfarm East is a joint venture company owned by EDP Renewables (77 %) and ENGIE (23 %). The project was recently awarded a £57.50/MWhr contract for Difference (CfD) by the UK Government.
Jan Klaassen, Business Unit Manager Offshore Renewables of Geosea: “GeoSea has been involved from the very beginning of the project, back into 2012, whereby GeoSea and Moray East have been working on an in-depth understanding and rational distribution of risks, which clearly led to a reduced levelised cost of energy of the project. This close cooperation did lay a basis for the successful CfD award. Together with Ramboll, GeoSea has designed a jacket foundation concept integrating the challenges of the site, however optimised for fabrication and installation. The supply chain of approximately 100 steel jacket foundations and corresponding steel piles will be lined up the coming months. Moray East and GeoSea will pay high attention to maximise local (UK) content for the different types of services and suppliers, as far as reasonably possible.”
Oscar Diaz, Project Director of Moray East: “Our close work and co-operation with suppliers like GeoSea has been vital to being able to develop a project which is capable of delivering power at less than half the price of projects under construction today. The extensive works within this package mean that the announcement of GeoSea represents major progress to project delivery. This work package can bring significant opportunities to the economy, and our ongoing work with Geosea will enable those opportunities to be optimised.”