A2SEA (owned 51% by DONG Energy and 49% by Siemens Wind Power) has signed a contract with Chinese company, COSCO Shipyard Group Co., Ltd., for the construction of a new jack-up vessel specially designed for the purpose of installation of offshore wind turbines. The contract has a value of USD 155 million (approx. DKK 890 million).
The new vessel is expected to be delivered in 2014. It will be designed as a jack-up vessel optimised to operate at water depths of up to 45 meters, and it will therefore be well-fitted for the installation of upcoming offshore wind projects in the Northern European offshore market.
The information provided in this announcement will not change DONG Energy's previous financial guidance for the financial year 2012 or the expected investment level.
For additional information, please contact:
Rune Birk Nielsen
+45 9955 6543
Morten Hultberg Buchgreitz
+45 9955 9750
DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 6,000 employees and generated DKK 57 billion (EUR 7.6 billion) in revenue in 2011. For further information, see www.dongenergy.com.
A2SEA is the market leader within installation and service work for offshore wind farms. Since its foundation in 2000, A2SEA has installed more than 60% of the world’s offshore wind power turbines. A2SEA is currently working with the installation of offshore wind turbines and foundations on the projects Sheringham Shoal, Teesside and London Array. The company is headquartered in Fredericia. A2SEA currently has more than 300 employees. www.a2sea.com