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Smulders HSM

company 1 Deal 2 Partners

Smulders HSM is an integrated solution provider specializing in EPCIC services for multi-disciplinary offshore projects, with over 60 years of experience. The company has connected over 3.6 GW of offshore wind power in Europe and focuses on high-voltage substations, green hydrogen platforms, gas production modules, and carbon capture storage infrastructure.

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Founded 1914 Parent: Eiffage Group
Engineering and Construction CompanyEPC Contractor

Strategic Overview

  • Smulders HSM is committed to the energy transition, aiming for 80% of its offshore projects to be centered on wind and green hydrogen by 2035.
  • The company leverages over 60 years of offshore experience, transitioning from upstream oil & gas to renewable energy infrastructure.
  • Acquired by Smulders (part of Eiffage Group) in 2025, positioning them as a Centre of Excellence for offshore renewable energy.

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Investment Focus

Technologies
Offshore Wind1
Geography
UK1

Key People

Jaco Lemmerzaal
CEO
Gijs Kaashoek
COO
Hans Leerdam
CCO

Track Record

3,600
MW Total
150
Deals Completed
60
Years Active
Notable projects: East Anglia TWO, Horns Rev A, THOR Offshore Wind Platform, A18 Gas Production Platform, Zingst Offshore Substation

Detailed Analysis

Sectors
Energy TransitionUtilities
Technologies
Offshore WindGreen HydrogenGasCarbon Capture and StorageTransmission
Geographies
EuropeNetherlandsDenmarkUK
Deal Stage
GreenfieldOperating

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