21st Jun 2021 09:05
(Alliance News) - Renewables Infrastructure Group Ltd on Monday said production at the Merkur offshore wind farm has been paused to inspect signs of stress fatigue on some turbines.
The Merkur wind farm accounts for 6% of Renewables Infrastructure's portfolio value. The company holds a 25% stake in the 396 megawatt wind farm, located in the German North Sea.
The London-based renewable infrastructure investor said a routine inspection found signs of stress fatigue on some 6 megawatt wind turbines at the Merkur wind farm.
The stress fatigue was found on the support structure for the helihoist platform, attached to the nacelle. The platforms allow service personnel and their tools to be winched down from a helicopter hovering above the turbine.
The FTSE 250 company said energy generation at the wind farm has been paused to investigate the issue. After consulting the relevant authorities, the first batches of turbines have been brought back online.
"The project's dedicated asset management team, with support from the company's managers, is working closely with the manufacturer to identify and put in place a solution that will allow the wind farm to resume operating safely and effectively for the long term," it said.
Renewables Infrastructure said it expects "no material financial impact" to the company as a result of this stoppage. The company noted that its contract with the manufacturer of the 6 megawatt turbine protects such lost revenue up to a certain cap, which it does not expect to exceed.
Renewables Infrastructure shares were trading down 0.5% at 126.80 pence each in London on Monday morning.
By Scarlett Butler; [email protected]
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