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STRABAG Postpones Investments in Offshore Wind

Published: January 15, 2013; 16:58 · (Vindobona)

Investments of several hundred million euros shelved. Strabag refers to the “uncertain legal situation in German offshore wind sector”.

STRABAG Postpones Investments in Offshore Wind / Picture: © Vindobona.org

The publicly listed European construction group STRABAG SE postpones its planned investments in the field of gravity-based foundations technology for offshore wind until further notice. The company had planned to spend several hundred million euros over the next few years on the construction of a factory and of special ships to transport self-developed concrete gravity foundations for…

This article includes a total of 277 words.

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