September 12, 2024
September 12, 2024 – Västerås, Sweden Windeed is excited to announce the signing of a Letter of Intent (LOI) with ASCO, a leading global provider of logistics and materials management. This partnership aims to strengthen both companies’ positions in the floating wind sector by optimising logistics and operations for floating offshore wind projects. Key Goals of the Partnership The collaboration will focus on creating a comprehensive logistics plan to facilitate the construction and deployment of 1 GW of floating wind power in a single season using Windeed’s innovative floater technology. Additionally, an advanced operations and maintenance (O&M) services plan will be developed. A core component of this strategy is the use of Windeed’s unique in-situ heavy lifting solutions, allowing for significant turbine repairs directly at sea. This capability minimizes downtime and reduces the Levelized Cost of Electricity (LCOE), making Windeed’s floating wind solutions both cost-effective and efficient. About Windeed Windeed develops best-in-class patented floating wind solutions that harness the vast potential of offshore wind resources. Our proprietary floater and mooring designs, verified by external parties, enable higher capacity factors and offer a cost-effective renewable energy alternative. Windeed’s innovative solutions overcome critical industrial limitations, paving the way for rapid industry growth. About ASCO ASCO has extensive experience supporting the offshore energy sector almost 60 years, offering a suite of integrated services including logistics, materials management, lifting and assurance, warehousing, and marine coordination. This partnership presents a significant opportunity for ASCO to expand its footprint in the rapidly growing floating wind sector. By aligning with Windeed, ASCO can enhance its capabilities and tap into the vast potential of the floating wind market, which is set to become a key player in the global transition to renewable energy. For more information, please contact: Bertil Moritz CEO, Windeed bertil.moritz@windeed.se Daniel Robb Business Development Manager, ASCO daniel.robb@ascoworld.com