Deals Counterparts

Fred. Olsen Windcarrier supplies vessel for Thor offshore wind farm turbine installation

Supply Agreement Offshore Wind announced Denmark Mar 4, 2026
1.1 GW
Capacity
construction
Stage
Thor offshore wind farm
Project

Fred. Olsen Windcarrier is supplying the vessel Brave Tern for the transportation and installation of turbines at the Thor offshore wind farm from the Port of Esbjerg.

Deal Analysis

Fred. Olsen Windcarrier has announced a supply agreement to provide its vessel, Brave Tern, for the transportation and installation of turbines at the Thor offshore wind farm in Denmark. This deal sees Fred. Olsen Windcarrier acting as the supplier for RWE, a leading renewable energy company focused on expanding its offshore wind portfolio. The agreement, announced on March 4, 2026, represents a critical operational step in the development of the Thor project, leveraging specialized maritime assets for a key phase of construction. While the deal value remains undisclosed and specific project stages beyond turbine installation are not provided, the involvement of RWE underscores the strategic importance of this agreement. RWE is a major player in the global energy transition, investing billions in renewable energy, making their selection of Fred. Olsen Windcarrier notable. The supply of a specialized vessel like the Brave Tern highlights the complex logistics and advanced equipment necessary for large-scale offshore wind farm development, reflecting the high capital and technical requirements of the sector.
  • Specialized vessel supply for offshore wind turbine installation.
  • Involvement of RWE, a leading global renewable energy developer.
  • Located in Denmark, a key market for offshore wind development.
  • Operational supply agreement for a critical project phase.

Source Intelligence

KEY DETAILS

The vessel Brave Tern is being used for transportation and installation of turbines from the Port of Esbjerg. The project received a 30-year electricity production license earlier in 2026. A total of 72 Siemens Gamesa SG 14-236 DD turbines, each rated at up to 15 MW, are scheduled to be installed by the end of 2026. Each turbine stands 148 meters above sea level with rotor blades measuring 115 meters in length. The wind farm is expected to generate enough electricity to supply more than one million Danish households. Sustainability features include steel turbine towers manufactured with a lower carbon footprint by Siemens Gamesa and recyclable rotor blades for some turbines. The Thor wind farm is Denmark’s largest offshore wind project to date. A new RWE service building at the Port of Thorsminde, scheduled to open in March, will support the project’s operations and is expected to create 50 - 60 local jobs. Quotes: "Turbines are being transported and installed from the Port of Esbjerg using the vessel Brave Tern, operated by Fred. Olsen Windcarrier, with three turbines installed per cycle." "Installation work at the project site... began shortly after the project received a 30-year electricity production license earlier in 2026." "A total of 72 Siemens Gamesa SG 14-236 DD turbines, each rated at up to 15 MW, are scheduled to be installed by the end of 2026." "Each turbine stands 148 meters above sea level with rotor blades measuring 115 meters in length." "Once fully operational in 2027, the Thor wind farm is expected to generate enough electricity to supply more than one million Danish households." "The project also introduces sustainability features including steel turbine towers manufactured with a lower carbon footprint by Siemens Gamesa and recyclable rotor blades for some turbines." "The Thor wind farm is Denmark’s largest offshore wind project to date." "A new RWE service building at the Port of Thorsminde, scheduled to open in March, will support the project’s operations and is expected to create 50 - 60 local jobs."

Capacity
The first turbine at the 1.1 GW Thor offshore wind farm
Location
Denmark’s Thor offshore wind farm, being developed by RWE and Norges Bank Investment Management, has been installed in the Danish North Sea. Installation work at the project site, located about 22 km off the west coast of Jutland
COD
Once fully operational in 2027, the Thor wind farm is expected to generate
PARTIES MENTIONED IN SOURCE
R
RWE developer

"Thor offshore wind farm, being developed by RWE and Norges Bank Investment Management"

N
Norges Bank Investment Management developer

"Thor offshore wind farm, being developed by RWE and Norges Bank Investment Management"

F
Fred. Olsen Windcarrier operator/supplier

"vessel Brave Tern, operated by Fred. Olsen Windcarrier"

S
Siemens Gamesa supplier

"A total of 72 Siemens Gamesa SG 14-236 DD turbines"

high quality Enriched Mar 4, 2026

Timeline

Announced
Mar 4, 2026
Signed
Closed