K2 Management has been awarded a four-year construction supervision contract for the first two phases of the world’s largest offshore wind farm development, Dogger Bank wind farm, which reached financial close in November.
The appointment comes as a result of the successful two-year position as Lender’s Technical Advisor, which saw K2 Management providing technical guidance to lenders on behalf of the joint venture partners SSE Renewables and Equinor.
This will be the first wind farm in the world to mount the 13MW Haliade-X turbine of GE Renewable Energy. The venture will also be the first to use a High Voltage Direct Current (HVDC) transmission in the UK.
The scope of construction supervision includes the monitoring of permitting, design, manufacturing and construction operations and project spending on behalf of a group of foreign lenders. Construction tracking for the project started at the end of 2020 before the date of commercial activity (COD).
“K2 Management has supported the Dogger Bank Wind Farm for over two years, providing a comprehensive review for lenders as well as supporting us in achieving financial close on the first two phases of the world’s largest offshore wind farm, using new technology solutions. We look forward to continuing our cooperation through the construction phase until completion.”Steve Wilson, Dogger Bank wind farm project director.
“We are proud to have played a part in advising the largest offshore wind farm in the world to financial close and are thrilled to be continuing our engagement through the construction phase.
“This will be the first wind farm in the world to install GE Renewable Energy’s 13MW Haliade-X turbine. It sets a new precedent for bankability of new and innovative technological advancements which continue to improve business cases and ensure offshore wind continues to grow as a key energy source for the UK.”Steve Hall, senior project manager at K2 Management.