Havfram Teams Up with Luxcara for the Waterkant Wind Farm
Havfram has secured a major contract with Luxcara, an independent asset manager from Germany that focuses on clean energy initiatives. This partnership is set to provide essential support for the transport and installation of turbines at the Waterkant offshore wind farm, which is situated in the German North Sea.
Details of the Contract
The contract involves chartering vessels needed to transport and install a total of 16 turbines, each boasting a capacity of 18.5 MW. Work is scheduled to commence in the spring of 2028, utilizing one of Havfram's sophisticated Wind Turbine Installation vessels that is presently under construction.
Overview of the Waterkant Project
Located approximately 90 kilometers from Borkum Island, the Waterkant wind farm aims to produce around 270 MW of energy. This project marks a significant advancement in Germany's efforts toward renewable energy.
Statements from Company Leaders
Even Larsen, CEO of Havfram Wind, conveyed his excitement about the project, saying, "We are honored to contribute to Germany’s renewable energy aspirations by supporting Luxcara with the Waterkant project. This contract enriches our growing client list and also adds to our order backlog. With our two state-of-the-art Wind Turbine Installation vessels expected to be ready in late 2025, Havfram is well-equipped to address the challenges in the offshore wind sector.”
Working with Luxcara
Holger Matthiesen, Project Director at Luxcara, expressed his enthusiasm for the partnership, emphasizing the commitment to employing one of the most advanced offshore Wind Turbine Installation vessels available for the project. He highlighted the importance of merging European expertise and resources to drive innovation in the renewable energy industry and support Germany's clean energy transition.
About Havfram
Havfram is a specialized offshore wind company focused on providing transport and installation services to the offshore wind industry. As an owner and operator of Wind Turbine Installation vessels (WTIVs), Havfram draws upon extensive experience in the Norwegian energy and marine sectors, establishing a solid reputation for operating efficiently in challenging offshore conditions. With majority ownership by the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investors, along with Sandbrook Capital, a renowned climate fund, Havfram aims to deliver reliable financial returns while making a positive contribution to the environment.
About Luxcara
Luxcara acts as an independent asset manager offering both equity and debt investment options in the global clean energy infrastructure market. Based in Hamburg, the company focuses on acquiring, structuring, financing, and managing clean energy projects with a long-term outlook, committed to the clean energy transition without depending on subsidies. Their approach has established Luxcara as one of Europe’s foremost investors in projects supported by long-term power purchase agreements.
Since its establishment in 2009, Luxcara's vast experience in clean energy investments has reinforced its leading position within the industry.
Frequently Asked Questions
What is the Waterkant offshore wind farm?
The Waterkant offshore wind farm is a major project in the North Sea designed to generate approximately 270 MW of renewable energy from wind power.
Who is Havfram?
Havfram is a dedicated offshore wind company that specializes in providing installation and transport services for wind turbine projects, renowned for its innovative marine solutions.
What role does Luxcara play in this project?
Luxcara oversees the financial and operational management of the Waterkant wind farm project, with a focus on developing clean energy infrastructure.
What technologies are utilized by Havfram?
Havfram uses advanced Wind Turbine Installation vessels designed to meet the logistical and installation challenges of offshore wind projects.
How does this project support renewable energy goals?
This project contributes to Germany's larger renewable energy initiatives by increasing clean energy production capabilities and promoting the transition to sustainable energy solutions.
