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Eversendai's unit bags renewable energy projects worth RM186m

KUALA LUMPUR (June 1): Eversendai Corp Bhd’s (Eversendai) wholly-owned unit, Eversendai Offshore RMC FZE has been awarded two European offshore wind renewable energy projects worth RM186 million by Petrofac Ltd.

In a statement today, Eversendai said the projects brought its outstanding construction order book to RM2.88 billion.

“The first project entails the fabrication and construction of an offshore wind substation platform topside, jacket and piles for an offshore wind farm in the United Kingdom (UK).

“The second project is to fabricate and construct jacket and piles for the Hollandse Kust Zuid (HKZ) Beta offshore wind substation platform for TenneT in the Netherlands,” it said.

Eversendai said the fabrication works would be executed at its waterfront fabrication yard in the RAK Maritime City, United Arab Emirates.

It said the work scope for the offshore wind farm substation project in the UK includes engineering, fabrication, construction, sea-fastening and loadout of the offshore substation platform topside, jacket and piles, including architectural and mechanical completion, as well as pre-commissioning of the substation platform topside.

“This offshore wind substation will have the highest capacity in the world, and it is expected to generate clean energy that will be enough to power approximately one million homes in that region,” it said.

Meanwhile, the scope of work for the Hollandse Kust Zuid (HKZ) Beta project includes engineering, fabrication, construction, sea-fastening and loadout of the jacket and piles, it added.

Eversendai Offshore chief executive officer Narish Nathan said the diversification into the offshore wind renewable energy sector is part of the company’s efforts in growing its business into industries that leverages its fabrication facilities, as well as core expertise in engineering, fabrication and construction.

Moving forward, Eversendai expects the offshore wind renewable energy projects to be a substantial contributor to the group’s revenue and profits, adding that the newly secured projects will further add value to the group’s track record for future projects.

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