DEME secures largest U.S. offshore wind deal

DEME secures largest U.S. offshore wind deal

Photo source: DEME

The 2.6 GW Coastal Virginia Offshore Wind will be the largest wind farm in the United States one completed in 2026. This means that the price tag of $1.9 billion is also the largest so far in the United States and DEME has been tagged for the project construction by Dominion Energy. 

In consortium with Prysmian, DEME will transport and install 176 monopile transition piece foundation, three offshore substations, scour protection and the supply and installation of export and inter-array submarine cable systems. DEME’s stake in the contract has been priced at $1.1 billion.

DEME Offshore will oversee the complete offshore installation works for the foundations, substations, infield cables, as well as part of the export cables. For the fulfilment of the project, DEME Offshore entered in a consortium with Prysmian, the world leader in underwater energy cable systems.

The CVOW project will play a crucial role in helping the Commonwealth of Virginia meet its goal of becoming carbon neutral by 2045. The project is located at approximately 27 miles (43 km) off the coast of Virginia Beach, VA, US. The 2.6 GW offshore wind farm will be capable of supplying clean energy to as many as 660,000 households, while reducing carbon emissions by over 2 million tons per year.

Sid Florey, president, DEME Offshore US, stressed that the deal will allow the company to further build out its US footprint.

Author: Adnan Bajic

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