Report
Toby Thorrington

Sif Holding - Laying foundations for the energy transition

Sif Holding produces parts of offshore wind foundations – mostly monopiles, but also transition pieces for the fast-growing offshore wind market. The increasing size of wind turbines and rotor blades affects the foundation, both in terms of the monopile diameter and the thickness of the steel. These changing requirements are another reason why Sif offers design, engineering and logistics services. It produces monopiles and transition pieces in its original plant in Roermond, as well as in a much bigger relatively new facility near Rotterdam, close to the Netherlands’ coastline. The location in Rotterdam will be further expanded given demand developments.
Underlying
SIF HOLDING NV

Sif Holding NV is a company based in the Netherlands, which provides steel foundations to the offshore wind, oil and gas markets. The Company operates in two segments: the Offshore Wind segment focuses on manufacturing monopiles for offshore wind farms. Monopiles consist of a tubular structure, typically with conical, and are hammered into the seabed. The Oil and Gas segment specializes in the production of steel tubular parts for the offshore oil and gas industries, with focus on jackets and related structures. The Company focuses on the North Sea region and also manufactures parts for machines and civil engineering projects, such as tubulars used in the Maeslant storm surge barrier, tubular structures used in the London Eye, and foundations for jetties, which are mooring platforms for ships.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Toby Thorrington

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