Search results for: Sif

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  • 3 March 2020
    Wind Farm Update

    Sif has signed a final contract with Kajima Corporation to deliver the monopiles and transition pieces for the Akita-Noshiro offshore wind project in Japan. The Dutch company is in charge of manufacturing 33 monopiles and 33 transition pieces which together make 25KTon of steel. Sif will store the structures at its MV2 facility, with delivery at […]

  • 23 May 2019
    Ports & Logistics

    Dutch offshore foundations manufacturer Sif has expanded its offering of services to cover bolting tests. Sif added the offering after a request from DEME Group to arrange all preparations for the test as part of the work scope for the Belgian SeaMade offshore wind project. During this test, the bolted flange connection between a monopile and […]

  • 21 August 2019
    Business & Finance

    Sif said a delay in monopile production for the Vineyard Wind project is “inevitable” due to a setback in the approval of the Final Environmental Impact Study (FEIS) for the 800MW offshore wind farm. The Dutch company planned to begin manufacturing 84 monopiles for Vineyard Wind in the first half of 2020, but the requirement of […]

  • 3 October 2017

    On 29th September, the Dutch Minister of Economic Affairs, Henk Kamp, officially opened Sif’s new assembly and coating facility at the Maasvlakte 2 terminal in the Port of Rotterdam. 

  • 25 October 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted has awarded Sif Holding N.V. with a contract to produce 47 monopiles for the Borssele 1 and 2 offshore wind farm in the Dutch North Sea.

  • 30 June 2014
    Business & Finance, Technology

    In the future, the length and the diameters of the monopiles will continue to increase because wind farms will be located further out at sea, in deeper water and with more powerful turbines. Sif Group has anticipated this at an early stage by expanding its existing production capacity. Serial production of monopiles of up to […]

  • 20 January 2016
    Business & Finance

    Sif Holding N.V., a Dutch manufacturer of foundation components for offshore wind and offshore oil & gas markets, intends to proceed with the Initial Public Offering (IPO) and listing of its ordinary shares on Euronext Amsterdam. The intended IPO will consist of a secondary offering only, of at least 35% of the company’s shares. The shares will […]

  • 27 June 2013

    Dutch Sif Group bv is another manufacturer that has been producing for the offshore wind energy industry since the start. The company supplied the onshore wind energy market from the outset in the 1990’s. In April 2002 the real work in the offshore wind industry started when Sif supplied 80 monopiles and 80 transition pieces to its client […]

  • 14 May 2020
    Business & Finance, Wind Farm Update

    Dutch foundation manufacturer Sif has started the production of monopile foundations for the Akita-Noshiro and Saint-Nazaire offshore wind farms in Japan and France, respectively. According to the company’s latest trading update, the production started during the first quarter of 2020, when Sif also delivered monopiles and transition pieces to the Triton Knoll and Borssele 1, […]

  • 3 January 2017

    On 2 January, the first four monopiles were loaded from Sif’s Maasvlakte 2 site onto GeoSea’s installation vessel Innovation, which has now put the first section of the new deepwater quay in Port of Rotterdam into operation as it is ready to install the second batch of foundations at the Galloper offshore wind farm site in the UK. […]

  • 12 February 2016
    Business & Finance

    Sif Holding N.V. and GKSE Holding B.V., the selling shareholder, have decided to postpone Sif’s planned Initial Public Offering (IPO) on Euronext Amsterdam due to the deteriorated and volatile capital markets, the Dutch foundation components manufacturer said in a statement. Sif announced its intention to float on 19 January 2016 and started its bookbuilding process on 1 February 2016. […]

  • 29 March 2017
    Business & Finance

    Sif Group reported a revenue of EUR 400.3 million for 2016, a 24.6% increase from EUR 321.3 million in 2015, with the company’s net earnings rising by 5% from EUR 35.6 million in 2015 to EUR 37.4 million last year. The company’s net debt also increased, but mainly due to building new facilities that will lead to Sif having a production capacity of 300 Ktons per year.

  • 15 May 2020
    Business & Finance, Ports & Logistics

    Siemens Gamesa has signed a contract with Sif for marshalling activities at Sif’s site in the Port of Rotterdam. The site will be used to support wind turbine installation at the Hollandse Kust Zuid offshore wind farm. The contract, under which Siemens Gamesa’s wind turbines for Hollandse Kust Zuid will arrive and be handled at […]

  • 28 August 2019
    Ports & Logistics

    Dutch offshore foundations manufacturer Sif has completed the new coating facilities at Maasvlakte 2 in the Port of Rotterdam. Sif added the two extra coating halls in response to stricter requirements for coating as the wind farms are venturing into deeper waters in an effort to lower the costs and generate more energy. The new coating facilities […]

  • 21 September 2018
    Business & Finance

    Dutch offshore foundation manufacturer Sif and compatriot consultancy and engineering company IX Wind have established a partnership under which IX will be supporting Sif in their deployment in Taiwan from September 2018 onward.

  • 24 March 2017
    Wind Farm Update

    The last four transition pieces (TPs) for the Galloper offshore wind farm in the UK have been dispatched from Smulders facilities in Hoboken, Belgium, and are on their way to Rotterdam, where they will be loaded onto the installation vessel Innovation at Sif’s Maasvlakte 2 site.

  • 3 December 2013
    Technology

    Sif Group has established a new company strategy: Sif Works for offshore foundations.  At this year’s EWEA Offshore event in Frankfurt, the company showcased its services based on this new strategy. In March, Sif secured a contract for the manufacturing of monopiles and transition pieces for 73 wind turbines for UK’s Humber Gateway offshore wind […]

  • 27 December 2019
    Contracts & Tenders

    Sif Holding has entered into exclusive negotiations for the delivery of 33 monopiles and transition pieces for an offshore wind project in Japan. The current state of negotiations has led to a pre-order of the 25KTon of steel for the undisclosed project. According to Sif, the manufacture of the monopiles and transition pieces and the […]

  • 30 June 2017

    Sif Group has published a photo of its new site at Maasvlakte in Rotterdam accommodating, among others, piles for the Beatrice offshore wind farm foundations and monopiles for the Rentel offshore wind farm.

  • 30 May 2016
    Business & Finance

    Dutch foundation components manufacturer Sif Holding N.V. has reported EUR 108.4 million in revenue for the first quarter of 2016, a 141% increase compared to EUR 44.9 million revenue in Q1 2015, mostly driven by the maximum production capacity reached at the company’s offshore wind division throughout the quarter. EBITDA amounted to EUR 16.9 million compared to EUR 10.7 million […]

  • 20 April 2018
    Contracts & Tenders, Operations & Maintenance

    Sif has won a contract by Van Oord for the production of 77 monopiles for the Borssele III & IV offshore wind project in the Netherlands.

  • 1 February 2016
    Business & Finance

    Dutch foundation components manufacturer Sif Holding N.V. has today announced the indicative price range and offer size for its planned initial public offering (IPO) on Euronext Amsterdam, with listing of and first trading in the shares under the symbol SIFG expected on Friday, 12 February. The IPO consists of a secondary offering only of up to […]

  • 21 March 2019
    Business & Finance

    Sif has reported that offshore wind accounted for approximately 83% of revenues and 69% of total contributions in the company’s 2018 financial year figures. Sif saw a 28% loss of revenue in 2018, amounting to EUR 235.1 million, and a 45% loss in contribution, amounting to EUR 74.3 million. The gap in the production schedule and […]

  • 30 June 2015
    Business & Finance

    Roermond-based Sif Group has decided to expand its production capacity with more than EUR 60 million to be invested in the headquarters in Roermond and in Rotterdam at Maasvlakte 2.  In Rotterdam, an assembly hall and a coating hall will be built at Maasvlakte 2. In addition, a storage and logistical hub covering approximately 40 hectares […]

  • 15 March 2018
    Business & Finance, Jobs & Recruitment, Ports & Logistics

    Offshore foundations manufacturer Sif Holding has prepared a set of measures in preparation for possible underutilization of the company’s 300 Kton annual production capacity in 2018.

  • 28 August 2020
    Business & Finance

    The Netherlands-based foundation manufacturer Sif Group is in exclusive negotiations for two new projects in the offshore wind sector. The company left the project names and other details undisclosed, however, it said one of them is in Europe, more specifically in the North Sea. For the European project, Sif would produce 70 Kton of structures, […]