Boskalis consortium awarded Hollandse Kust West Beta export cabling contract

Papendrecht, 23 March 2022

‎Boskalis has been awarded the Hollandse Kust West Beta export cable contract by TenneT, in consortium with Orient Cables (NBO). The contract scope comprises the installation of two 65-kilometer-long export cables that will connect the planned Hollandse Kust West Beta 700 MW offshore wind farm to TenneT’s onshore grid in the Netherlands. Furthermore, Boskalis will install a 9-kilometer-long 66kV interconnector cable between the Hollandse Kust West Alpha and Hollandse Kust West Beta offshore substations. Boskalis will execute this contract in consortium with its partner NBO that will design and supply the high-voltage cable system. The two 220kV AC cable circuits will come ashore near the existing onshore high voltage substation at Wijk aan Zee, the Netherlands. The value of this contract for Boskalis is considered to be ‘sizable’ (1).

For this project Boskalis will deliver an integrated solution of in-house services including the removal of unexploded ordnance from the seabed, geotechnical and geophysical surveys, beach and seabed preparation works and the laying and burial of the cables. The Hollandse Kust West Beta offshore windfarm is expected to enter service in 2025.

With this project and through its client TenneT, Boskalis is advancing the energy transition by making renewable energy available in the Netherlands. The Hollandse Kust (West Beta) project is a part of the Dutch national roadmap to achieve a 49% reduction in CO₂ emissions by 2030.

(1) For Boskalis, a “sizable” contract carries a value in between EUR 50-150 million https://boskalis.com/ir/ir-policy.html

FOR FURTHER INFORMATION

Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com

Press:
Arno Schikker
press@boskalis.com

T +31 786969310

Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of over 600 vessels and floating equipment and more than 10,000 employees, including associates, Boskalis is creating new horizons around the world.

This press release can also be found on our website www.boskalis.com.