Deutsche Windtechnik Buys Ballast Nedam’s Offshore Wind O&M Contracts

Business & Finance

Ballast Nedam has sold its current portfolio of 4 offshore wind inspection and maintenance contracts to Deutsche Windtechnik BV, the Dutch subsidiary of Deutsche Windtechnik.

Photo: Deutsche Windtechnik/Archive

The sale involves 5-year inspection and maintenance contracts for offshore wind farms Eneco Luchterduinen, Prinses Amaliawindpark, Butendiek, and Westermeerwind. The transaction also includes two staff members involved and is effective from January 1, 2016.

Ballast Nedam said the transfer of offshore wind maintenance contracts is in line with its strategy to focus its activities on the working areas of housing and mobility, following the sale of its offshore wind unit at the end of 2014.

In November 2014, Van Oord acquired the assets of Ballast Nedam Offshore, including the dedicated EPCI staff, heavy lift installation vessel Svanen and the Westermeerwind project.