Credit: Edda Wind
Offshore wind vessel firm Edda Wind said Wednesday it had won a contract to support the commissioning and construction of the first two phases of the giant Dogger Bank wind farm in the UK. Edda Wind and Dogger Bank Wind Farm have agreed on a new contract for the newbuild CSOV Edda TBN C490, Edda Wind said in a social media post.
The new contract will begin shortly after delivery of the commissioning service operation vessel in Q2 2023, with a firm period of two years and an additional option of one year, said the company which is jointly owned by Johannes Østensjø dy AS and Wilh. Wilhelmsen Holding Invest AS.
Dogger Bank Wind Farm has chartered two newbuild Commissioning Service Operation Vessels (CSOV) for the construction and commissioning work on the 3.6 GW Dogger Bank off the UK - the world's largest offshore wind project.
Photo: Wilhelmsen/Edda Wind Wilhelmsen and Østensjø joint company Edda Wind has ordered to two more Commissioning Service Operation Vessels (CSOV) and is looking to an Initial Public Offering (IPO) to fund further expansion.
The two additional newbuildings will be constructed at Astilleros Gondan in Spain, with delivery planned for 2023 and 2024. They add to four vessels on order and an existing fleet of two vessels in operation.
“Ordering two more purpose-built CSOVs will further strengthen Edda Wind’s leading position within offshore wind. Tremendous growth is expected in the offshore wind market over the next decades, and Edda Wind intends to be a world-leading provider in this segment,” says Kenneth Walland, CEO of Edda Wind.
Ostensjo and Wilhelmsen s offshore wind vessel outfit Edda Wind is preparing for an initial public offering to list on Euronext Growth.
Edda Wind chair Havard Framnes said: “We believe this is the right timing to commence a process of listing Edda Wind.
“Within the next decade, the world’s need for renewable energy will see exponential growth.
“With our ambitions, this journey will require significant investments to capitalise on the market opportunities ahead of us.”
The company has also ordered two more commissioning service operation vessels (CSOV) in addition to the four vessels it has under construction.
The vessels are specially designed for service operations during the commissioning and operation of offshore wind farms.