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UKEF to support offshore wind exports

Advertisement International Trade Minister, Graham Stuart, visited the world’s largest offshore construction grouting specialists FoundOcean in Livingston, Scotland, to announce a major new export contract won by the firm, which will create 30 new green jobs in the local area. FoundOcean have won a contract to provide the foundations for a 100 turbine offshore wind farm in Taiwan after receiving financial support from UK Export Finance (UKEF), the government’s export credit agency. The company will provide the foundation grouting to enable wind turbines to be secured to the seabed to form the wind farm. The farm will then be able to produce over 1GW of power – equivalent to 20% of the level the UK produces.

Scottish firm FoundOcean picked for Taiwan offshore wind foundations job

30 jobs created as green energy firm wins contract for Taiwanese wind farm

30 jobs created as green energy firm wins contract for Taiwanese wind farm Export minister Graham Stuart celebrates with FoundOcean staff at the firm’s base in Livingston (UKEF/PA) A Scottish firm has won a contract to supply underwater grouting for 100 offshore wind turbines in Taiwan. FoundOcean has secured the contract to supply grout that will fix the foundations of the wind farm to the seabed, the UK Government has announced. The £2 million-plus deal, backed by £200,000 from the Government’s credit agency UK Export Finance (UKEF), will create 30 jobs at the company’s base in Livingston. Chief executive of FoundOcean, Jim Bell, said the company – which is believed to be the world’s largest offshore construction grouting specialist -now makes 80% of its revenue from renewable energy projects.

Trade Minister announces UKEF support for Scottish offshore wind exports

Date Time Trade Minister announces UKEF support for Scottish offshore wind exports FoundOcean secures a contract to supply the foundations for a 100-turbine offshore wind farm in Taiwan, creating 30 new jobs in Livingston, Scotland 80% of FoundOcean’s revenue now comes from renewable energy projects as companies transition to low carbon future Export win follows £500 million UKEF guarantees to help finance offshore wind farms in Taiwan International Trade Minister, Graham Stuart, visited the world’s largest offshore construction grouting specialists FoundOcean in Livingstone, Scotland, to announce a major new export contract won by the firm which will create 30 new green jobs in the local area.

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