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Home›Business & Finance›Norway to Get Floating Wind Foundation Production and Assembly Facility
Business & Finance

August 17, 2023 · about 3 years ago

Norway to Get Floating Wind Foundation Production and Assembly Facility

Norwegian company WindWorks Jelsa, established in 2020, and Swiss construction company Implenia have signed an investment and a shareholders’ agreement to develop a production and assembly facility for large concrete or steel structures for the floating wind industry on Norway’s west coast. The aim

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Norway to Get Floating Wind Foundation Production and Assembly Facility
WindWorks Jelsa: Visualization of the future production and assembly facility for the floating offshore wind industry in Jelsa, Norway; Image: ©Implenia

WindWorks Jelsa was established in 2020 by NorSea, Suldal municipality, and Ryfylke IKS, with Norsk Stein as a partner, to explore the possibility of transforming a quarry at Jelsa into a large-scale, low-carbon-footprint site for building and assembling floating wind turbines.

Now, Implenia and NorSea will become equal minority shareholders in WindWorks Jelsa with approximately 41 per cent each.

The project will be developed in several phases from 2023 to 2032, leading to a production and assembly area of 800,000 square metres, including warehouses and workshops, purpose-designed launching systems as well as heavy load quays.

Under the signed agreement, Implenia committed to two small investment tranches in 2023 and 2024, with the first, “pre-production” phase taking place from 2023 to 2026.

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