Aker Offshore Wind today published results for the third quarter of 2021, which showed the deepwater wind developer taking further steps to mature and grow its portfolio of opportunities and projects.
Strengthening political tailwinds continue to support offshore wind markets as a growing number of countries launch ambitions, supported by industry incentives and regulatory frameworks, to increase renewable energy production, and ultimately, combat climate change.
"The third quarter has shown Aker Offshore Wind taking key strides in progressing our projects on several fronts," said
This summer, Norwegian authorities outlined more details regarding upcoming license processes for Sørlige Nordsjø II and Utsira Nord. Post 30 September, the
Operational highlights
Aker Offshore Wind saw positive advancements across all its markets, in addition to expanding its portfolio in the quarter. The company is currently engaged in projects in
At the start of the quarter, Aker Offshore Wind submitted bids for the ScotWind leasing round together with partner Ocean Winds. The partnership has committed to invest significantly in the supply chain and in technology innovations such as subsea substations. Local content will also play a key role where two-thirds of the minimum 60 percent
During the three months to 30 September, Aker Offshore Wind expanded its portfolio when it was selected as preferred bidder along with
In
"We believe we have comprehensive bids for ScotWind in the
Financial results
Revenue for the period was
Aker Offshore Wind will present the results in a live webcast, followed by a Q&A session, today at CET 0930. Click on the following link to follow the event:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20211021_7
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
For further information, please contact:
Christian Yggeseth, investor contact, +47 915 10 000, christian.yggeseth@akerhorizons.com
About Aker Offshore Wind
Aker Offshore Wind is an offshore wind developer headquartered in
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