Reetec Swoops On Offshore Wind Solutions

Business & Finance

Reetec GmbH, a subsidiary of EDF Energies Nouvelles, has acquired the German company Offshore Wind Solutions GmbH (OWS), a specialist in the offshore wind Operations and Maintenance (O&M).

Image source: OWS

Through this acquisition, EDF Energies Nouvelles confirms its ambition to expand in Germany and to strengthen its offshore wind activity, the company said.

Founded in 2014, OWS is responsible for O&M at the BARD Offshore 1 wind farm, located in the North Sea, 95km off the German coast. This wind farm consists of 80 BARD 5MW turbines.

The acquisition of OWS comes alongside the renewal of the offshore wind facility maintenance contract for 10 years, by its owner Ocean Breeze Energy, a subsidiary of the UniCredit Bank group.

Through the acquisition of OWS, EDF Energies Nouvelles added 188 experts to Reetec’s roster which will now have more than 350 O&M specialists across offshore and onshore wind business areas.

OWS also has an Operations Control Center for offshore wind in Emden.

Antoine Cahuzac, EDF Group’s Senior Executive Vice President, Renewable Energies and CEO of EDF Energies Nouvelles, said: “We are delighted to welcome the OWS staff who will share its unique experience of the O&M activity in the offshore wind sector with EDF Energies Nouvelles. This deal is a good opportunity for the EDF Group which has strong ambitions in the offshore wind project development, in line with its CAP 2030 strategy aimed at strengthening its presence in renewable energies by 2030, both in France and abroad by 2030.”