HOCHTIEF to Build Next Offshore Wind Farm for EUR 175 Million (Germany)

Global Tech I including 80 plants to be created northwest of Cuxhaven in the North Sea – Energy suppliers as client

HOCHTIEF Construction has been awarded the contract for another offshore wind farm. From mid-2012, the HOCHTIEF subsidiary is expected to start constructing the wind farm Global Tech I in the German North Sea. The contract volume is EUR 175 million. The client of the wind farm is the project company Global Tech I Offshore Wind in which several energy suppliers, energy trading companies and a number of other companies have a share.

In the wind field 110 kilometers northwest of Cuxhaven, HOCHTIEF will first anchor 80 foundations, each with a weight of 950 tons, in the 40-meter-deep sea bed. The 5-megawatt wind wheels will then be mounted using Group-owned special platforms and reach 150 meters out of the water. In this project, BELUGA HOCHTIEF Offshore‘s special jack-up vessel will be used for the first time. HOCHTIEF also has developed a tailor-made logistics concept which allows construction time to be reduced significantly. Henner Mahlstedt, CEO of HOCHTIEF Construction: “With our competence and the high quality of our services, we make an important contribution to the energy supply of the future.” The Group expects annual sales of almost half a million euros from its entire offshore business.

The client invests approximately EUR 1.3 billion into the offshore wind farm with a total capacity of 400 megawatts. Global Tech I is to supply about 445,000 households with regenerative energy from 2013 onwards.

[mappress]

Source: hochtief-construction, October 28, 2010