Semco Maritime and Bladt Industries joint venture inks offshore substation contract

“We are proud that Mayflower Wind has selected Bladt and Semco for this comprehensive offshore substation project on the US East Coast. We consider it an important recognition of our joint competencies and our strong focus on HSE during the construction phase,””

“We are very much looking forward to the close cooperation with the strong team behind Mayflower Wind, and we do hope this will be the first of several projects. ”

“Semco and Bladt’s strong track record of providing competitive turnkey offshore wind electrical infrastructure is a door opener in the market. The Mayflower Wind project provides a unique opportunity to firmly establish our companies as highly experienced pioneers in the nascent and promising US offshore wind industry. We will build strong relationships with Mayflower Wind’s parent companies – Shell and EDP Renewables – as well as other involved parties.”

“We will draw on the experience gained, as well as the resources and capabilities, that we have built up over the years to put further focus on our offerings to bring offshore energy to shore.”

“Mayflower Wind is focused on launching a safe and reliable offshore wind project to help meet Massachusetts’s greenhouse gas reduction goals. We look forward to working with Bladt Industries and Semco Maritime – companies with a proven track-record in the industry. Recent changes to U.S. tax law now allow projects that meet qualification standards in 2020 to secure Federal Investment Tax Credits at the 18% level. ”

“This contract is a key step for us to meet these standards and secure tax credits that would ultimately result in a lower rate for electricity customers in Massachusetts.”