Van Oord and Typhoon Offshore reach agreement on construction of BARD-Netherlands windfarmNews // January 28, 2011
Dutch dredging and marine contractor Van Oord and the green investment company Typhoon Offshore BV have signed a letter of intent for the construction of the BARD-Netherlands offshore windfarm.
The windfarm (which will have a capacity of 600MW) consists of two adjoining windfarms with a capacity of 300MW each, located 55km north of the island of Schiermonnikoog.
The contract has a value in the range of Euros 300-400 million. The windfarm will supply electricity to over 1.5 million Dutch consumers, making it by far the largest sustainable energy project in the Netherlands.
Typhoon Offshore will be responsible for financing the project. Once the financial arrangements have been made, the cooperation agreement will be finalised in the final quarter of 2011. According to planning, the construction will start in 2012.
"The project is of an exceptionally large scale in terms of financing, size and construction," said Van oord. "The windfarm will be built in one of the most harsh environments in the North Sea, with high winds and frequent heavy swell."
Van Oord will be responsible for inspecting the seabed and for producing the detailed engineering design for the windfarm. As the Engineering, Procurement and Construction (EPC) contractor, Van Oord will also be responsible for purchasing materials, installing the foundations and wind turbines as well as laying the cables."
The wind turbine installation vessel that the company ordered recently will be used to undertake the project.
Following the Princess Amalia windfarm in the Netherlands and the Belwind project off the Belgian Coast, this is Van Oord's third major EPC contract in the sector.