Euroports Group and Noatun project companies, jointly held by OX2 and Ålandsbanken Offshore Wind I LP, a fund managed by Ålandsbanken Funds Ltd, have signed a Letter of Intent (LoI) to establish Koverhar Harbour in Hanko as a key logistics hub for the construction of the offshore wind farm project Noatun North, including an option for Noatun South.
The collaboration focuses on supporting the Noatun North offshore wind farm, which is expected to comprise up to 250 turbines with a total capacity of approximately 4,000 MW. Operations at Koverhar Harbour will commence in 2030, facilitating the storage, assembly, and transportation of key wind turbine components.
Koverhar Harbour's existing infrastructure makes it a cost-effective solution for offshore wind logistics. With targeted investments, it can be optimized to meet the industry's growing demands. The Port of Hanko and Euroports have a separate exclusive agreement to explore the long-term development of Koverhar Harbour to support offshore wind sector growth.
Country updates
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