OWC advises BASF on Hollandse Kust Zuid OWF acquisition

Offshore wind consultancy OWC conducted a full technical due diligence of the 1.5 GW Hollandse Kust Zuid offshore wind farm to support BASF’s acquisition of a 49.5 percent ownership share in the project.

OWC undertook a full scale technical due diligence of the project, including analysing the design, supply and construction contracts, assessing the technical risks that could impact the projects profitability, from the non-binding offer to preferred bidder stage. This transaction adds to OWC recent technical due diligence experience, now totalling 6.4 GW of projects across Europe and Asia. “OWC’s experience in supporting the development and construction of offshore wind farms in Europe, Asia and the US, gives our due diligence team the know-how... ... More: Official Press Release OWC

Keywords:

OWC, consultance, technical due diligence, BASF, offshore, wind farm, Hollandse Kust Zuid, design, supply, construction contracts, technical risk, ownership, acquisition