Prior Group and ALL NRG Ink Offshore Wind Deal

Business & Finance

Prior Group and ALL NRG have signed a Letter of Intent (LOI) to jointly cooperate on offshore wind projects.

Illustration. Source: David Dixon under the CC BY-SA 2.0 licence

Under the deal that began in March, ALL NRG uses Prior Group’s facilities, such as offices, workshops, storage and service, as well as services from Prior’s in-house engineering, electrical company and yard in the Port of Vlissingen.

The two parties said they will join forces when beneficial to customers and when it improves project results as they are together able to provide solutions which cannot be given as separate organizations.

According to Prior, the collaboration will strengthen the presence of ALL NRG in Vlissingen and other ports in The Netherlands and Belgium.

“To further expand our current business activities in the Benelux, teaming up with Prior Group is a strong benefit for ALL NRG,” said Hans Schneider, Chief Executive Officer of ALL NRG.

“The joined competences of Prior Group and ALL NRG will be in high demand when the next major expansion of Dutch and Belgian offshore wind really starts to kick off. The well-established multidisciplinary organization in Prior Group with a vast local network adds excellent value to our core business – provision of manning and project solutions.”

The companies are currently investigating opportunities that will take place in the Benelux area, including project activities at the new Green Blue Offshore Terminal in Vlissingen, which recently announced the opening of a new terminal to offer services to offshore wind companies.

The new terminal contains 22.000m2 of workspace and will offer services during the construction, modification, repair and maintenance activities, and will serve as a place for the storage of equipment, materials, and offshore modules.