Huisman Takes Piece of Pile Driving Specialist

Huisman has reached an agreement to participate as shareholder and investor in Fistuca BV.

Fistuca BV is developing a new pile driving technology, BLUE Piling Technology which will allow silent installation of large piles offshore. BLUE Piling Technology is expected to significantly reduce the foundation installation costs for offshore wind turbines.

The technology uses a large water column to drive a pile in the soil whereas conventional hammers use a steel ram. A combustion throws up this water column and under force of gravity it falls back on the pile, hereby delivering two blows. This cycle is repeated until the pile reaches its desired depth.

Jasper Winkes, Director of Fistuca BV comments: “We are very pleased to welcome Huisman on board as a new shareholder. Huisman’s in-depth knowledge of the offshore industry, and their outstanding expertise on offshore equipment, promises a very positive collaboration with Fistuca. The investment from Huisman, combined with a large innovation credit by the Dutch government, will enable us to leap forward in our ambitious growth strategy.”

Joop Roodenburg, CEO of Huisman: “I see great potential for this technology, using our knowledge of the offshore industry, combined with the innovative drive of this young company will be the key to building a successful business. We see a large market in both the offshore wind industry as well as the oil & gas industry and large civil constructions.”