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Seaway 7 signs Letter of Exclusivity for East Anglia THREE

By: Tom Russell 16/06/2022 Seaway 7 ASA

General Vessels Windfarms

Seaway 7 ASA has announced that it has signed a Letter of Exclusivity towards finalisation of a Preferred Bidder Supply Chain Agreement, with ScottishPower Renewables for the East Anglia THREE offshore wind project.

The scope of work will include the transport and installation of 95 monopile foundations, associated seabed preparation and scour protection along with the engineering, supply and installation of the inner-array cables. Execution of the scope will be led from Seaway 7’s Aberdeen office.

The project is expected to commence early works in 2022 with offshore work commencing in 2024, subject to East Anglia THREE securing a final investment decision by ScottishPower Renewables

Seaway 7 stated that the East Anglia THREE represents a very large contract agreement which it typically values between $500m and $750m.

Stuart Fitzgerald, CEO Seaway 7, said: “We are pleased to support ScottishPower Renewables to progress the East Anglia THREE project. Seaway 7 are looking forward to bringing over 10 years of offshore wind experience to one of the world’s largest offshore wind complexes, representing a significant contribution to the UK’s renewable target.”

With a capacity of 1,400 MW, East Anglia THREE secured consent in 2017. It is part of the the East Anglia Hub being developed by ScottishPower Renewables which also includes East Anglia One North and Two. Applications for development consent for the East Anglia ONE North and East Anglia TWO offshore wind farms were approved back in April. The three projects will have a combined capacity of around 3,100 MW.

The installation of the East Anglia Hub will follow the East Anglia ONE project which was put into operation in July 2020. Located 43 km off the coasts of Lowestoft and Great Yarmouth, the £2.5 billion East Anglia ONE project is owened by ScottishPower Renewables (60%), Macquarie’s Green Investment Group (20%), The Renewables Infrastructure Group Limited (14.3%) and InfraRed Capital Partners Limited (5.7%).

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Seaway 7 signs Letter of Exclusivity for East Anglia THREE

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