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November 23, 2021

Abruzzo I Floating Offshore Wind Farm, Italy

By Carmen

Abruzzo I Floating Offshore Wind Farm is a 1,760MW offshore wind power project. It is planned in Adriatic Sea, Abruzzo, Italy. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2027.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Offshore 1,760 1,760 Announced Abruzzo, Italy AGNES; Qintx Holding; Saipem

Description

The project is being developed by AGNES, Qintx Holding and Saipem.

The project cost is expected to be around $3,894.88m. The turbines will be mounted on a floating type foundation.

The wind power project consists of 160 turbines, each with 11MW nameplate capacity.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2027.

About Saipem

Saipem SpA (Saipem) is an engineering, procurement, construction (EPC) contractor. It offers integrated basic design, pre-front end engineering design (FEED), management of complex projects, from design to decommissioning in extreme environments including remote areas and deep waters. It serves energy and infrastructure sectors. The company offers drilling services to oil and gas upstream companies. It also offers consulting services that add value to its clients’ operations. Its fleet includes drilling rigs, construction vessels, floating production and storage offloading vessels. It has operational presence in Europe, Americas, Africa, the Middle East, Far East and Oceania, Commonwealth of Independent States, and Asia. Saipem is headquartered in Milan, Italy.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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