ABB and Inocean set up offshore JV

SWEDEN: Engineering giant ABB and Norwegian naval architect Inocean today announced an engineering services joint venture to design, build and manage offshore wind links.

ABB will have a majority shareholding in the new entity, ABB Inocean, which will be located in Gothenburg, Sweden.

The JV will undertake design, engineering and project management activities including fabrication supervision of platforms required for offshore wind connections supplied by ABB.

ABB has already secured four large offshore wind connection projects: BorWin 1, DolWin 1, Dolwin 2 and Thornton Bank. 

The firm has a complete in-house manufacturing portfolio that includes power semiconductors, high voltage sea and land cables as well as AC and DC converter stations.

ABB Inocean will be managed by Peter Larsson who comes from the position as business director of Inocean.

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