Mooreast Holdings (Mooreast) has signed a Collaboration Agreement to explore establishing a manufacturing facility in Aberdeen, Scotland for the production of subsea foundations, as well as consolidation and assembly of mooring components for the floating offshore renewable energy sector.
Pursuant to this Agreement, Mooreast will work with ETZ Ltd (ETZ), a private sector-led not-for-profit company spearheading the energy transition ambitions of Northeast Scotland. Mooreast has appointed Mr Barry Silver as Managing Director of Mooreast UK. Once secured, the site will act as a European base for Mooreast’s efforts to target an increasing number of offshore wind projects.