Report
Thijs Berkelder

SIF : Large monopile contract negotiated with winner in UK round 6 auction

>Additional 140 kt of monopiles for 2026 = 210 kt - Exclusive negotiations. Sif has announced it has engaged in exclusive negotiations for a 140 kt monopile related foundations project, part of the UK’s CfD 6 auction outcome published yesterday. It is expected that a final contract will be reached before the end of 2024. At that moment Sif can share more information on the content of the project. 4.9 GW of UK offshore wind projects were awarded. In UK’s Round 6...
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.

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Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Thijs Berkelder

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