ABB and Aibel Join Forces in Offshore Wind Industry

Business & Finance

ABB and Aibel have entered into a strategic partnership to deliver offshore wind integration solutions.

ABB will focus on its high voltage direct current (HVDC) technology, while Aibel will take turnkey engineering, procurement and construction (EPC) responsibility for the design, construction, installation and commissioning of the offshore platforms.

The partners will collaborate on the design, engineering and optimization of offshore wind connections.

“We are proud to partner with Aibel to tap the vast opportunities of the ongoing Energy Revolution and related offshore wind infrastructure investments. Together, we intend to grow our businesses by complementing each other’s strengths in unique customer services for offshore wind projects,” said ABB CEO Ulrich Spiesshofer. “Strategic partnerships like this are a core pillar of our Next Level strategy and help us to drive growth while mitigating risk.”

“We are very pleased to sign this cooperation agreement with ABB. Both ABB and Aibel have a proven track record of providing leading-edge solutions in their respective areas of expertise. We have successfully worked together before and I am convinced that with our combined strengths we will be a leading force to reckon with,” said Jan Skogseth, president and CEO of Aibel.

“This partnership with Aibel will help us to leverage the specialized competencies of both companies and enhance our overall value proposition for customers,” said Claudio Facchin, president of Power Grids. “It reinforces our Next Level strategy to focus on our core technology strengths like HVDC and build new business models, as we pursue profitable growth opportunities.”