EnergyWatch

German firm buys Bladt out of joint venture

Ørsted is awarding orders for the last foundations on the Hornsea 1 project, to which Bladt will supply an additional 28 transition pieces.

Photo: EEW SPC

German foundation manufacturer EEW Special Pipes Constructions (SPC) is buying Denmark's Bladt out of the British joint venture between the two companies known as Offshore Structures Britian (OSB). This transaction is part of an "overall settlement of several outstanding commercial issues," Bladt states.

"Going forward, OSB will benefit further from a 100% ownership structure, wherefore we have decided to sell our shares and focus on applying our vast industry and UK competences on serving the UK offshore wind market in alternative ways. We are very pleased with the overall agreement and its financial implications for Bladt Industries," says CEO of Bladt Industries, Jan Kjaersgaard.

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