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Tekmar Group PLC - Darlington, England-based technology and services firm - Wins a contract from EPCI contractor DEME Offshore to supply cable protection systems for phase three of the Dogger Bank C wind farm off the north east coast of England. Tekmar will design, manufacture and supply a further 172 CPS, having already supplied 380 CPS in the A and B project phases at Dogger Bank The combined contract value across the Dogger Bank wind farm represents Tekmar’s largest CPS supply contract to date, it says. No financial details are provided.
Dogger Bank is a 3.6 gigawatt offshore wind farm located 130 kilometres offshore. Once operational, says it is capable of generating enough renewable energy to power six million UK homes.
Chief Executive Officer Alasdair MacDonald says: ‘We are delighted to receive the award for Dogger Bank C which reflects the hard work of the team and collaboration with DEME on the Dogger Bank project to date. It is testament to our in-house engineering capabilities, which enable us to present solutions to customers’ complex engineering challenges and optimise and de-risk projects. We look forward to continuing to work closely with DEME Offshore to deliver this project’.
Current stock price: 9.65 pence, up 43% on Thursday in London
12-month change: down 81%
By Xindi Wei, Alliance News reporter
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