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OWC to acquire Delta Wind Partners

26/06/2023

ABL Group ASA’s renewable energy consultancy OWC has entered into an agreement to acquire 100 percent of the shares of Denmark-based offshore wind consultancy, Delta Wind Partners ApS (DWP) – a specialist solutions provider for wind turbine generators (WTG). 

The acquisition expands OWC’s technical offering in wind turbines and in consultancy at the installation and operational phases of an offshore wind project. It also provides an opportunity to further grow DWP’s unique approach to WTG optimisation both globally and in the floating offshore wind market.  

“With Delta Wind Partners we are broadening our expertise and experience so we can provide the most comprehensive technical offering to support the acceleration of the offshore wind industry. It gives us a presence in an important offshore wind market, at the heart of where the wind energy sector was born. DWP’s impressive expertise in WTG technology at the latter phases of an offshore wind project’s lifecycle perfectly complements OWC’s experience at the development phase, something that combined will add great value to our clients. As we also have a track-record of working together, this acquisition is not only a clear technical fit, but also a perfect cultural fit,” says William Cleverly, CEO of OWC. 

About Delta Wind Partners (DWP)

DWP was established by a team of engineers specialising in wind turbine construction and operation. The consultancy provides technical solutions to support clients in getting the most out of their WTGs throughout the lifecycle of an offshore wind farm. The company has a track-record of supporting both bottom-fixed and floating wind projects.

Based in Silkeborg, Denmark, DWP has worked on projects locally and abroad in the UK, Ireland, Japan and South Korea.

In the last 12 months as of April 2023, the company delivered revenue of approximately DKK 15.6 million (USD 2.3 million), and EBIT of approximately DKK 2.7 million (USD 0.4 million).

Complementary Expertise

The acquisition expands OWC’s offering to clients at installation and O&M phases and offers opportunity to apply lessons learnt from latter project phases into feasibility and development, adding value to OWC, clients and the industry at large.

KeyFacts Energy Industry Directory: OWC

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