Highlights and Key Figures for Q3 2019

Highlights Q3:

  • High tender and contracting activity:
    • Contract win for Vineyard windfarm USA (84 monopiles, 103 Kton) 
    • Contract win for zones 2-4 of Hollandse Kust Zuid windfarm in The Netherlands and post- Q3 also the win of zone 1 of Hollandse Kust Zuid (total project 140 monopiles, 136 Kton)
  • First contract with DEME for new Sif marshalling- service on Maasvlakte 2- hub and lease of additional 20 hectares 
  • Opening of sales- office Japan
  • Delay by US federal authority BOEM of Vineyard project for undefined period of time  

Clarity on impact on Sif earliest in 4-6 weeks from now

Roermond, 21 August 2019. Early July 2019 Sif and Vineyard Wind announced the manufacturing by Sif of 84 monopiles for Vineyard Wind’s offshore wind project in Massachusetts USA.

The installation of the monopiles is subject to a schedule that includes seasonal restrictions on pile driving activity as a protective measure for the highly endangered North Atlantic Right Whales. Sif’s ability and confidence to meet this schedule was an important consideration in being selected by Vineyard Wind. Sif scheduled the production of these monopiles for the first half of 2020.

The Borssele Alpha and Borssele Beta offshore high-voltage substations are approximately twenty kilometres off the coast of Walcheren and will connect the onshore network to the wind farms that will be built in the Borssele 1-2-3-4-5 areas. Alpha and Beta convert the power supplied by the wind turbines into a high voltage, which is further increased to 380 kV at the receiving station in Borssele for distribution in the national high-voltage grid. Both are being built by HSM Offshore in Schiedam. Sif will deliver the foundation tubes for the jackets for both stations: six per high-voltage substation.

Sif and Port of Rotterdam

DEME Offshore launching customer for offshore- wind marshalling services

Roermond/Rotterdam, 27 August 2019. Sif Holding n.v. and Port of Rotterdam have agreed on the lease of an additional 20 hectares industrial land, adjacent to Sif’s existing operations at Maasvlakte 2 near Rotterdam. This expansion facilitates Sif’s new business opportunity in response to demand from new and existing clients for marshalling space and onshore support services for offshore wind. This demand is underpinned by the agreement between Sif and DEME Offshore for a major contract on marshalling services starting October 2019.