Roermond, the Netherlands 25 October 2018. Sif Holding N.V. announces that Ørsted has awarded to Sif the production of 47 monopiles (approx. 40 Kton) for the Borssele I-II offshore wind farm.

Richard Jongen, Commercial Manager Wind Sif: "This is the first time Sif is going to manufacture the offshore foundations for a wind project on behalf of Ørsted. With our new assembly facility and state-of-the-art deep-sea quay on Maasvlakte II (Port of Rotterdam), Sif is ideally located and perfectly equipped to efficiently produce and deliver the monopile foundations. Sif is very pleased to contribute to a successful offshore wind project off the Dutch coast such as Borssele I-II."

The Borssele I-II wind farm is located approximately 22 kilometers out to sea from the coast of Zeeland in The Netherlands. The project will cover an area of 138 square kilometers with water depths of up to 38 meters and will comprise of 8 MW Siemens Gamesa 8.0-167 DD wind turbines. The turbines will be installed on 94 monopile foundations with transition pieces. The total installed capacity of the Borssele I-II wind farm will be 752 MW.

The production of monopiles is scheduled for 2019. The project is already in the orderbook of Sif as presented when releasing interim 2018 results in August last.

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SIF EUR 14,26 +24ct vol. 8.619