Keppel Limited

[cyclone]

Keppel secures contract for two offshore wind farm substations from Ørsted
* Keppel continues to grow pipeline of renewable energy projects
* The two offshore wind farm substations will be deployed in Ørsted’s Greater Changhua projects in Taiwan

Keppel Offshore & Marine Ltd’s (Keppel O&M) whollyowned subsidiary Keppel FELS Ltd (Keppel FELS) has secured a contract from Ørsted, a Danish renewable energy company, for two offshore wind farm substations worth more than S$150 million, further strengthening Keppel O&M’s foothold in the renewable energy sector.

The contract comprises detailed engineering, procurement, construction, testing and commissioning for two offshore wind farm 600MW substations. It excludes certain electrical components to be furnished by Ørsted.

Keppel’s workscope is scheduled for completion in the third quarter of 2021. The substations will be deployed in Ørsted’s Greater Changhua offshore wind sites in Taiwan, which have a total potential capacity of 2.4 GW.

More details in https://links.sgx.com/FileOpen/20190512_...eID=558959