Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: Tekmar wins deal to supply cable protection for wind farm

24th Nov 2021 19:08

Tekmar Group PLC - Darlington-based offshore energy industry services - Wins contract from Global Offshore to supply cable protection systems for the Arcadis Ost 1 offshore wind farm in Germany.

Arcadis Ost 1 is a 257 megawatt offshore wind farm currently under development by Parkwind Ost GmbH

Tekmar will supply TekTube CPS to protect the wind farm array cables as they transition from the seabed to the wind turbine foundation at 27 separate locations.

"We are delighted that Global Offshore has selected Tekmar Energy's Generation 10 CPS technology to protect Arcadis Ost 1. This project award demonstrates the industry's continued confidence in our subsea protection solutions. We look forward to working with Global Offshore to ensure cost-effective and timely project delivery," says Marc Bell, managing director at Tekmar Energy.

Current stock price: 52.00 pence

Year-to-date change: down 22%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

Tekmar Group
FTSE 100 Latest
Value8,809.74
Change53.53