# Sif takes €328M FID for world's largest monopile foundation plant in Rotterdam

Sif Holding announced a €328 million final investment decision to construct the world's largest monopile foundation manufacturing plant in Rotterdam, Netherlands. Construction starts April 2023, with full ramp-up expected in first half of 2025, increasing capacity to 500 kilotons per year.

- Type: Investment
- Announced: 2023-02-13
- Where: Rotterdam, Netherlands, Netherlands
- Value: $350.0M (328.0M EUR)
- Starts operating: Q3 2025
- Status: announced
- Capacity: 500 kilotons per year
- Products: monopile foundations for offshore wind
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Sif Holding](https://endata.com/companies/10492.md)
- [Egeria](https://endata.com/companies/607.md) (investor)
- [Equinor](https://endata.com/companies/1741.md) (customer)
- [Ecowende](https://endata.com/companies/68554.md) (customer)

## Sources

- [sif-group.com](https://sif-group.com/newsroom/sif-takes-final-investment-decision-to-construct-the-worlds-largest-monopile-foundation-manufacturing-plant/), 2023-02-13: "Sif Holding N.V. today announces its € 328 million Final Investment Decision to construct the world’s largest monopile foundation manufacturing plant in Rotterdam, the Netherlands."
- [egeriagroup.com](https://egeriagroup.com/news/sif-takes-final-investment-decision-to-construct-the-worlds-largest-monopile-foundation-manufacturing-plant/), 2023-02-14: "Sif Holding N.V. today announces its €328 million Final Investment Decision to construct the world's largest monopile foundation manufacturing plant in Rotterdam, the Netherlands."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.