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The offshore construction campaign made use of semi-submersible crane vessel the Thialf, alongside nearly 35 support vessels.
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The company will support SSEN Transmission with three-year contracts focused on enhancing digital security across the UK grid.
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The acquisition aligns with Hochtief’s strategy to pursue growth in markets shaped by long-term investment trends.
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The 200MW facility aims to improve grid flexibility and support electricity demand in the region.
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The Ras Shokeir Wind Project aims to supply power to 1.2 million homes and cut carbon emissions.
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Europe is set for another decade of fast renewable growth, but new analysis suggests that generation capacity is no longer the best way to spot commercial opportunities.
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By 2035, Germany plans to increase its power capacity by 248.3GW. However, the investment case is now increasingly concerned not with the amount of power generated but with whether that power can get to the market at useful times.
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GlobalData's latest hydrogen tracking shows a market still rich in projects but short of financeable demand.
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