Report
Thijs Berkelder

SIF : US tender roller coaster hopefully leading to happy end

>US central government approves Empire Wind 1 & 2 - BOEM press release. The Bureau of Ocean Energy Management (BOEM) issued a press release indicating that "The Biden-Harris administration today announced its approval of the Empire Wind offshore wind project – the sixth approval of a commercial-scale offshore wind energy project under President Biden’s leadership. Today’s announcement supports the Administration’s goal of deploying 30 gigawatts of offshore wind energy...
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
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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