Owec Tower designs foundations that anchor turbines to theseabed. Keppel bought the stake through its KV Ventus BV unit.
Along with Daewoo Shipbuilding & Marine Engineering Co.and Nantong Cosco Ship Steel Structure Co Ltd.,
Keppel Corp., the Singapore-based offshore, marine and infrastructure company, agreed to buy 49.9 percent of Norway’s Owec Tower AS for 61 million kroner, or about 7.92 million euros, to meet growing demand for offshore wind energy.
Owec Tower designs foundations that anchor turbines to theseabed. Keppel bought the stake through its KV Ventus BV unit.
Along with Daewoo Shipbuilding & Marine Engineering Co.and Nantong Cosco Ship Steel Structure Co Ltd.,