Business Daily Media

Men's Weekly

.

Skyborn enters Preferred Supplier Agreement with Fred. Olsen Windcarrier for Gennaker offshore installation vessel

  • Gennaker's offshore wind turbine transportation and installation will be performed by Fred. Olsen Windcarrier (Fred Olsen).
  • Installation of 63 offshore wind turbines during 2028 in the German Baltic Sea.
  • Gennaker will add up to 976.5 MW to Germany's renewables capacity*.
HAMBURG, GERMANY - EQS Newswire - 29 July 2025 - Skyborn Renewables (Skyborn) is proud to announce an entry into the Preferred Supply Agreement (PSA) with Fred. Olsen Windcarrier for the offshore transportation and installation of the wind turbines generators for the Gennaker offshore wind farm in the Baltic Sea. The Charter Party Agreement is expected to be signed later in 2025.

Fred. Olsen Windcarrier
Fred. Olsen Windcarrier's installation vessel - Brave Tern ©Fred. Olsen Windcarrier

Offshore installation at sea of the 63 turbines is set to begin in 2028 and will be performed by Fred Olsen Windcarrier's installation vessel - Brave Tern. The selected self-elevating and self-propelled jack-up offshore wind turbine installation vessel is designed and built to align with Skyborn's commitment to excellence in safety and operations. The vessel can handle all next-generation turbines due to its unique 1,600 tonnes crane.

The PSA signed on 24 July 2025 solidifies the longstanding, trusted partnership between Skyborn and Fred. Olsen Windcarrier.

"After last weeks' successful agreements for the wind turbines supply and their long-term service, this newly formed arrangement with Fred. Olsen Windcarrier is another step towards Gennaker becoming a reality. With Fred. Olsen Windcarrier's long lasting experience in offshore wind, Gennaker will benefit from state-of-the-art offshore installation capacity. Gennaker, our blue-print project, is the showcase of our end-to-end delivery capabilities, with standardized process to bring new offshore wind projects to life every 12 to 18 months." says Patrick Lammers, Skyborn CEO.

"We are extremely proud to enter the Preferred Supply Agreement (PSA) with Skyborn for the offshore transportation and installation of the wind turbines generators for the Gennaker offshore wind farm. This agreement demonstrates our long-term commitment to offshore wind and underlines the strong and trustful relationship between the companies. With our strong experience from the Baltic Sea region, we look forward to the execution of the Gennaker project together with Skyborn and all the local stakeholders and suppliers on the project" says Haakon Magne CEO at Fred. Olsen Windcarrier.

With a capacity up to 976.5 MW, Gennaker is to become the largest offshore wind farm in the German Baltic Sea to date. Located approximately 15 kilometers north of the Fischland-Darß-Zingst peninsula, the project area sits within a designated priority zone for offshore wind energy in the Mecklenburg-Western Pomerania coastal sea. Skyborn secured the initial building permit for the Gennaker site in May 2019 and maintains site exclusivity for development. Once commissioned, the project will supply approximately 1 million people with green electricity. Gennaker is planned to be commissioned in 2028.

*Capacity as applied for, in the permit application for Gennaker offshore wind farm.

This press release and picture are available at: https://www.skybornrenewables.com/articles/newsroom/Gennaker_PSA_offshore_installation_vessel

Hashtag: #Skyborn

The issuer is solely responsible for the content of this announcement.

About Skyborn Renewables

Skyborn is an accomplished offshore wind developer and operator with more than 20 years' experience, headquartered in Germany. The company's capabilities cover the entire offshore wind value chain, including greenfield development, project engineering and design, procurement, financing, corporate power purchase agreements, construction management and asset management. Skyborn is a portfolio company of New York based Global Infrastructure Partners (GIP), a leading infrastructure investor and part of Blackrock.
For more information, visit:
Follow us on LinkedIn:


About Fred. Olsen Windcarrier

Fred. Olsen Windcarrier offers innovative and tailored services for the transport, installation, and maintenance of offshore wind farms. The company was established in 2008 to service the growing offshore wind sector and has installed more than 1100 wind turbines offshore – which is more than 20% of all offshore wind turbines worldwide outside China. Fred. Olsen Windcarrier operates the three self-elevating jack-up vessels – Bold Tern, Brave Tern and Blue Tern.
For more information, visit:
Follow us on LinkedIn:

News from Asia

Completion of Strategic Acquisition of Hong Kong Life by Yuexiu Driving a New Chapter of Business Development and Innovation

HONG KONG SAR - Media OutReach Newswire - 9 October 2025 - Hong Kong Life Insurance Limited ("Hong Kong Life") is pleased to announce the successful completion of the strategic acquisition by Yuex...

FGA Trust Expands Custody Capabilities for Hong Kong's Stablecoin Issuers

HONG KONG SAR - Media OutReach Newswire - 9 October 2025 - FGA Trust today announced the expansion of its custody services to support future licensed stablecoin issuers in Hong Kong, positioning i...

Hong Kong Disneyland Resort Names New Disney Ambassadors

Embark on a Journey of Dreams, Growth, and Spread Happiness HONG KONG SAR - Media OutReach Newswire - 9 October 2025 - Hong Kong Disneyland Resort (HKDL) is proud to announce the 2026–2027 Disney ...

DCS expands asset-backed securitisation to S$450 million with AAA-rated senior notes

Strong receivables performance and credit quality position DCS for continued growth SINGAPORE - Media OutReach Newswire - 9 October 2025 - DCS, a transformative MAS-regulated non-bank financial i...

Phuket, Thailand Rises as a Residential Haven for Indian Buyers, Led by Laguna Phuket and Banyan Group Residences

PHUKET, THAILAND - Media OutReach Newswire - 9 October 2025 - Phuket, Thailand's largest island is fast becoming a top destination for Indian families and investors seeking property abroad...

Watsons Spearheads Aesthetic Beauty Trend With Strategic JCprogram Expansion Across Asia

HONG KONG SAR - Media OutReach Newswire - 9 October 2025 - Watsons, AS Watson Group's flagship health and beauty brand, strategically positions itself at the forefront of the global aesthetic beau...

NUH Puts Patients' Priorities First Through Appropriate Care

This pioneering initiative by the hospital can cut unnecessary interventions, optimise health outcomes and deliver sustainable care SINGAPORE - Media OutReach Newswire - 9 October 2025 - Imagine y...

From Macao to Millions: CreatorWeek 2025 Connects the Global Creator Ecosystem

Taking place in Macao in October, Asia’s premier Creator festival offers unparalleled access and opportunities in the booming creator economy. MACAO SAR - Media OutReach Newswire - 9 October 2025 ...

Galaxy Macau™ Presents – Galaxy Music Gala: Sumi Jo - Mad for Love Sumi Jo’s Enchanting Macau Debut An Operatic Prelude to the New Year

MACAU SAR - Media OutReach Newswire – 9 October 2025 - Galaxy Macau™ Integrated Resort is delighted to present an evening of operatic splendour with "Galaxy Macau™ Presents - Galaxy Music Gala: Su...

Green GSM and Xentro Group collaborate to promote all-electric ride-hailing across the Philippines

MANILA, PHILIPPINES - Media OutReach Newswire - 9 October 2025 - Green GSM, the all-electric ride-hailing brand under the GSM ecosystem, has signed a memorandum of understanding with AMRC Renewab...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...