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Eiffage, through its Belgian subsidiary Smulders, signed an agreement to acquire 100% of HSM Offshore Energy, a Dutch EPCIC company specializing in offshore energy projects. The acquisition aims to strengthen Eiffage's position in the offshore energy market.
Axess Technologies has secured a cable installation contract with HSM Offshore Energy for the Thor offshore wind farm off the Danish west coast. The work includes pulling, terminating and testing internal platform cables and is expected to commence in Q1 2025.
GE Vernova's Electrification business and HSM Offshore Energy signed a Memorandum of Understanding to partner on AC offshore wind substation projects in Europe and beyond.