Sif Holding will invest EUR 328 million to construct the world’s largest monopile foundation manufacturing plant in Rotterdam, the Netherlands. Construction is expected to start in April 2023.
The upgraded manufacturing plant will significantly increase the total combined capacity of Sif to 500 kilotonnes a year and upgrade Sif’s capabilities to manufacture the equivalent of 200 XXXL, 11-metre diameter, 2500 tonnes reference monopile foundations a year.
The expanded manufacturing plant is expected to be fully ramped-up in the first half of 2025.
662-kilotonne order book
Two launching customers, one of them being Ecowende (a joint venture of Shell and Eneco), together have committed to 348 kilotonnes of production bringing the present total orderbook to 662 kilotonnes. A long-term capacity reservation framework agreement with Equinor is in place while a second long-term capacity reservation framework agreement is currently being negotiated.
The Final Investment Decision is subject to various customary conditions and to the granting of an irrevocable building permit. All relevant procedures are on schedule for the start of the construction activities.
‘By constructing the world’s largest monopile foundation manufacturing plant and by implementing next level integrated manufacturing technology with second to none process and quality controls, Sif will live up to its vision and take a pivotal step in securing its next phase of growth,’ says Fred van Beers, CEO of Sif. ‘As a result of this investment, we will strengthen our absolute global leadership position as monopile foundations solutions provider, enhance our innovative skills and create long term value for all our stakeholders with a clear growth path in an accelerating global offshore wind market.’