AF Gruppen ASA

Awarded Offshore Wind Contract

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Aeron, a company in AF Gruppen, has been awarded an EPCi contract for the supply of complete ventilation and cooling systems for a 2GW offshore wind project, which is part of a large development project under the auspices of the Dutch, state-owned company TenneT. Upon completion, the project will produce electricity to households in Germany and the Netherlands. The agreement with Aeron has a value that exceeds MNOK 500 excl VAT.

Illustration: Aeron has also supplied cooling systems for the charging stations for Norled's electric ferries.
Illustration: Aeron has also supplied cooling systems for the charging stations for Norled's electric ferries. Hans Fredrik Asbjørnsen AF Gruppen

Aeron will deliver detailed engineering, design, engineering, procurement, and assembly of ventilation and cooling systems for the 2GW projects, BalWin4 & LanWin1, which will provide green wind power from the North Sea to approx. 5 million households. The contract has been awarded by a recognized international EPC supplier on behalf of TenneT for the project development.

The issuer of the contract is a reputed global supplier of engineering and construction solutions to the energy industry.

"We are honored to have been trusted with this contract, marking a significant advancement in our activities within the offshore wind sector. This contract marks a significant step forward in our commitment to renewable energy, and we look forward to collaborating with our customer and partners to ensure successful project implementation”, says Amund Tøftum, CEO of AF Gruppen ASA.

Project planning will start immediately, and the equipment delivery will take place in 2025 and 2026. Following Aeron's deliveries, the systems will be mounted on the platforms at the shipyard before installation, and completion offshore in 2029-2030. Aeron will provide service and maintenance services until 2034.

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Illustration: Aeron has also supplied cooling systems for the charging stations for Norled's electric ferries.
Illustration: Aeron has also supplied cooling systems for the charging stations for Norled's electric ferries.
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AF Gruppen

AF Gruppen is a leading contracting and industrial group that was formed by an entrepreneurial spirit and execution capabilities. The group has 6,000 employees and revenue reached NOK 30,5 billion in 2023. AF Gruppen is listed on Oslo Stock Exchange (AFG).

We provide a broad range of services with seven operational business areas: Civil Engineering, Building, Betonmast, Property, Energy and Environment, Sweden and Offshore.

www.afgruppen.com

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