Brief: Aker Solutions Awarded Limited Notice To Proceed For Next Step Of Norfolk Offshore Wind Project

Aker Solutions ASA

08/11/2023 14:29

Nov 8 (Reuters) - Aker Solutions ASA  AKSOA.OL :
    * AWARDED LIMITED NOTICE TO PROCEED FOR THE NEXT STEP OF THE NORFOLK OFFSHORE WIND PROJECT
    * LOCATED MORE THAN 47 KILOMETERS FROM NORFOLK COAST AND WITH AN INSTALLED CAPACITY OF 1.4
GIGAWATTS
    * HAS BEEN AWARDED LIMITED NOTICE TO PROCEED CONTRACT FROM VATTENFALL FOR NORFOLK VANGUARD
WEST
OFFSHORE WIND FARM OFF COAST OF NORFOLK, UK
    * CONTRACT HAS BALANCED RISK-REWARD PROFILE BASED ON PRINCIPLES FOR LONG-TERM COLLABORATION
    * FOLLOWING FINAL AWARD, TOTAL CONTRACT VALUE FOR AKER SOLUTIONS IS ESTIMATED TO BE ABOUT
NOK 6
BILLION
    * NORFOLK VANGUARD WEST OFFSHORE WIND FARM IS SUBJECT TO REGULATORY APPROVALS AND
VATTENFALL'S
FINAL INVESTMENT DECISION
    * AKER SOLUTIONS WILL AT THIS STAGE BOOK A CONTRACT VALUE OF ABOUT NOK 4 BILLION IN Q4 OF
2023

Source text for Eikon:  ID:nWkr1DnZj8 
Further company coverage:  AKSOA.OL 

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