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Mooring solutions provider Mooreast Asia (Mooreast) has completed the acquisition of an upgraded water-front facility in Singapore that will more than double its capacity as it embarks on its strategic shift towards offshore renewable energy, particularly floating wind farms.
The new facility has a usable floor space of 30,000 sqm, compared to 12,000 sqm at its previous facility. It includes three main buildings which were erected by the previous owner before it went into receivership. With minimal outlay, Mooreast is now able to use the facility for components fabrication, warehousing and office functions.
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