DONG Energy & Siemens sell offshore wind company, A2SEA

By Michelle Froese A2SEA, an offshore wind service and installation company owned by DONG Energy and Siemens, is being sold to Belgium-based GeoSea.
GeoSea, which works on marine engineering projects, is owned by DEME Group, a provider of dredging, marine engineering, and environmental remediation. (Photo: A2SEA)
DONG Energy and Siemens have been owners of A2SEA since 2009, when both companies needed to consolidate their position in the offshore wind market. However, owning A2SEA is no longer within the scope of their core businesses and therefore the divestment came naturally.
DONG Energy and Siemens signed an agreement with Belgian GeoSea stating that GeoSea will acquire the full

Read Full Article Here

For more great articles: Windpower Engineering & Development

(Visited 4 times, 1 visits today)

Comments

comments



© 2014 RenewaNews