Sif

2022 - 5 - 11

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Image courtesy of "reNEWS"

Sif to make investment call on new factory in July (reNEWS)

Fabricator Sif is on track to make a final investment decision in July on expanding its capabilities and capacity to deliver monopiles.

“As a significant amount of steel is included in our investment case we are continuously monitoring this specific element. “The mid to long term impact of the war on prices and availability of building materials in general and more specific of steel is hard to predict at this moment in time,” he added. Sif chief executive Fred van Beers said: “Furthermore, clients have, subject to FID, committed to substantial funding.

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Image courtesy of "Offshore WIND"

Sif Expects to Greenlight Production Capacity Expansion Plan in July (Offshore WIND)

The Netherlands-based offshore foundations manufacturer Sif Group is on track to take a Final Investment Decision on the investment plan to expand its ...

We maintain our full-year EBITDA outlook, as communicated in March, to realize a slightly higher adjusted EBITDA in comparison to 2021, subject to macro-economic and political developments,” Van Beers said. The overall conclusion is that we are moving closer to clarity on the capex amount and on the total committed financing. ”Furthermore, clients have, subject to FID, committed to substantial funding.

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