STRABAG Postpones Investments in Offshore Wind

IndustrialsConstruction ♦ 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: ©

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…

Fast News Search