Latest Issue
 
Windtech International November December 2024 issue

 

FOLLOW US AT

follow

 

follow


KV Ventus B.V., a wholly-owned subsidiary of Keppel Corporation Ltd. (Keppel) has entered into a share and subscription agreement and shareholders’ agreement to acquire a 49.9% stake in OWEC Tower AS. Through this, OWEC Tower will strengthen its financial position and be able to meet the growing demand from the international offshore wind market.

OWEC Tower will also benefit from Keppel’s presence around the world. Trønderenergi Invest, one of the present owners, will also contribute NOK 5 million in new capital. OWEC Tower designs and engineers offshore wind turbine foundations, originally emerging from the offshore oil and gas industry. The company has developed a proprietary jacket foundation design known as OWEC Quattropod. OWEC Quattropod allows to separate and optimise the piling and jacket installation process, resulting in reduced installation costs and faster project delivery. The trend in offshore wind is to move further offshore and utilise larger turbines. As both water depth and turbines increase, a much larger portion of the foundations are expected to be jacket based.
 
Use of cookies

Windtech International wants to make your visit to our website as pleasant as possible. That is why we place cookies on your computer that remember your preferences. With anonymous information about your site use you also help us to improve the website. Of course we will ask for your permission first. Click Accept to use all functions of the Windtech International website.