SIFG SIF HOLDING NV

Sif provides Monopiles for Vineyard project Massachusetts- First large-scale offshore wind project in United States of America

Sif provides Monopiles for Vineyard project Massachusetts- First large-scale offshore wind project in United States of America

Roermond, The Netherlands – 8 July 2019. Sif Holding n.v. will manufacture 84 monopiles (103 KTon steel) for the 800 MW Vineyard project in Massachusetts USA. Sif’s scope comprises manufacturing of the monopiles, storage at our MV2 facility and delivery by RoRo load-out via our deep sea quay side on transportation vessels in 2020-2021.

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EN
08/07/2019

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SIF : Key for 2026 is efficient order delivery, but key for 2027 is ne...

Today we resume our coverage on SIF with a Neutral recommendation, and a TP of € 7.1. If SIF in the coming 12 months is able to deliver on its 2026 guidance, and refill its 2027 & 2028 order backlog with new large contracts, the stock has large upside potential. If they do not deliver, the stock has further downside potential.

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