Announced
Synopsis
Venterra, a provider of offshore wind energy services, agreed to acquire CAPE Holland, a machinery manufacturing company that offers pile design and installation methodology support services. Financial terms were not disclosed. "We are proud of the innovation that has driven our growth in offshore wind. Joining Venterra will enable continued investment in foundation installation in deeper waters and the ability to support larger turbines up to 18-20 MW. We share Venterra’s vision to create a sustainable supply chain and help the industry innovate at the pace needed to meet the needs of developers and our tier one clients. Venterra’s footprint in the United States and APAC as well as Europe fits our own expansion plans as we deploy expertise gained from European wind farms across the global marke," Laurens de Neef, CAPE Holland CEO.
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