Global Infrastructure SherpaFred Olsen Windcarrier wins Siemens Gamesa O&M deal for offshore wind turbines
Fred Olsen Windcarrier has secured a long-term agreement with Siemens Gamesa Renewable Energy to provide offshore wind operations and maintenance services for turbines up to 15MW. The deal, which is expected to commence in Q1 2028 with a firm duration of 10 years, will see either the Bold Tern or Brave Tern vessels deployed. This agreement strengthens Windcarrier's position in the high-end O&M segment and extends its existing relationship with Siemens Gamesa.
Counterparts (2)
Subscribe to access full counterpart details, deal analysis, and timeline.
Subscribe from €20/mo →Deal Analysis
- 10-year firm duration, commencing Q1 2028
- Targets offshore turbines up to 15MW
- Deployment of Bold Tern or Brave Tern vessels
- Partner Siemens Gamesa has over 140 GW installed worldwide
Source Intelligence
The agreement has a firm duration of 10 years with additional optional periods. Either the Bold Tern or Brave Tern vessels will be used. The deal extends a long-lasting relationship between the two companies and strengthens the vessel operator's position within O&M, especially for the high-end segment. Quotes: "firm duration of 10 years and additional optional periods.", "either Bold Tern or Brave Tern will be used under the agreement.", "The deal extends a long-lasting relationship between the two companies and strengthens the vessel operator's position within O&M, especially for the high-end segment, a statement added."
"Fred Olsen Windcarrier has entered a long-term agreement with Siemens Gamesa Renewable Energy to provide offshore wind operations and maintenance services"
"Fred Olsen Windcarrier has entered a long-term agreement with Siemens Gamesa Renewable Energy to provide offshore wind operations and maintenance services"
Timeline
Get the full picture — timeline, source intelligence, and counterpart analysis.
Subscribe from €20/mo →