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Windtech International January February 2024 issue

 

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SgurrEnergy has completed a technical advisory workscope on wpd’s German Butendiek offshore wind farm development, to be situated in the German EEZ of the North Sea, 32km west of the island Sylt.

SgurrEnergy’s 21 month pre-financial close project assessed construction risk, key financial model parameters, project agreements, interface risk, technology risk and long term operational issues. The company independently reviewed key project designs and WTG models, construction and operation contracts, environmental and permitting requirements and third party energy yields, and provided technical inputs to financial models and advice on contingency sizing. SgurrEnergy’s technical advisory services, along with the work of other advisors, facilitated the successful conclusion of the project’s financing process, allowing it to progress into the construction phase which will begin in the first quarter of 2013. SgurrEnergy will provide technical advisory services to the lenders throughout construction.
 
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