LONDON, UK: InfraStrata plc has signed a Memorandum of Understanding (MoU) with Navantia, S.A and Windar Renovables to target specific fixed and floating wind projects primarily within the UK.
The MoU signals a firm commitment from all three parties to actively secure wind farm development projects and execute them together.
This collaboration will enable the Company’s fully owned shipyards and fabrication facilities, the Harland & Wolff Group (Harland & Wolff), to take better advantage of the offshore wind opportunities set out in the UK Government’s Ten Point Plan for a Green Industrial Revolution.
Harland & Wolff will be able to harness Navantia’s extensive experience and adopt their advanced technologies, better positioning itself to be a more attractive and competitive proposition to wind farm developers as it seeks to work with UK companies to develop windfarms off UK shores.
The JV Navantia – Windar has completed more than 100 wind turbine jacket foundation structures for various clients over the last five years with the partners currently fabricating and assembling 62 jackets for Iberdrola’s St Brieuc offshore wind farm, after having recently completed five floating hull foundations for the Scottish based, Kincardine Floating Offshore windfarm.
The partnership between Navantia and Windar Renovables commenced in 2015 and since then, they have collaborated in the execution of seven offshore wind projects. Both companies are currently investing in a new XXL monopile facility in Spain.
As the MoU between the three companies progresses into a formal joint venture, it is expected that the parties will come together to bid and execute on numerous wind farm projects with appropriate work share arrangements between them based on their respective yard capacities and availability, material handling capabilities and quayside load-out capacities. The Harland & Wolff Group has one of the largest fabrication footprints in the UK with circa 256 acres of land at its disposal and load-out areas across its locations that is ideally suited for large offshore wind structures.
John Wood, Group CEO of commented: “Through this strategic partnership, we will be able to strengthen the scale and footprint of a combined multi-site offering which will de-risk customer schedules, drive more innovation and efficiency and enable projects to be monetised quicker. We now look forward to working with both organisations as we rapidly advance within the market.”