Borssele Alpha Contract for Boskalis’ Subsidiary VBMS
- Business & Finance
Boskalis’ subsidiary VBMS, in consortium with NKT Cables, has been awarded the Borssele Alpha contract by TenneT for the installation of two export cables that will connect the Borssele offshore wind farms 1 and 2 to TenneT’s onshore grid in the Netherlands.
The contract value of Boskalis’ share is approximately EUR 70 million.
Separately, the option has been awarded for the installation of the export cables that will connect the Borssele offshore wind farms 3 and 4 to the Dutch onshore grid (Borssele Beta), subject to financial close.
In order to execute the project in a safe and efficient manner, Boskalis has taken full advantage of the expertise and capabilities within the group.
To minimize maintenance to the cables during their operational lifetime, Boskalis will pre-sweep and dredge the shallow parts of the route, which will enable VBMS to simultaneously lay and bury the export cables at the required depth.
The project is scheduled to be carried out in the period 2018-2019.