Bay State Wind Brings New Steel Facility and Manufacturing Capabilities to Massachusetts

Offshore Wind Developer Brings World Leading Steel Manufacturer to
the U.S. to Develop New Industry

BOSTON–(BUSINESS WIRE)–Bay State Wind, the 50-50 partnership between Ørsted, the global leader
in offshore wind, and Eversource, New England’s premier transmission
builder, today announced it has entered into an agreement with EEW, the
international market leader in steel pipe manufacturing, to open and
staff a Massachusetts facility to manufacture offshore wind components.
Bay State Wind and EEW will collaborate with Gulf Island Fabrication, a
U.S.-based worldwide leader in the construction of offshore and onshore
energy sector facilities. The collaboration will deploy new and
specialized steel manufacturing capabilities that are not currently
utilized in the U.S. Together, these companies create an
industry-leading force that will build a renewable energy supply chain
in Massachusetts, resulting in local job creation and state-wide
economic benefits.

“The U.S. market, with Massachusetts and the Northeast at the forefront,
has long been ripe for robust development of offshore wind energy,” said
Christoph Schorge, Managing Partner of EEW Group. “We regard these first
steps as a starting point of a long-term and sustainable approach in the
U.S. offshore wind industry and we are proud to enter the market with
such a knowledgeable partner as Bay State Wind.”

EEW and Gulf Island Fabrication recently visited Massachusetts to view
potential site locations to build its U.S. hub. The new facility,
manufacturing and load-out will generate approximately 500 annual
construction jobs with up to 1,200 additional annual indirect jobs in
the local community. The facility is a long-term commitment in the first
offshore wind-manufacturing site in North America which will result in
lasting jobs for Massachusetts workers. Types of direct jobs include
welders, blaster painters, steel fabricators and other associated trades.

With a working relationship lasting nearly ten years, EEW has supplied
more than 650 monopile foundations to offshore wind projects with Ørsted
around the world. Ørsted identified EEW for Bay State Wind early in the
development of the project, which will now allow both EEW and Gulf
Island to pioneer a new industry in Massachusetts and North America.
According to a recent survey by Environment Massachusetts, the
commonwealth has more offshore wind potential than any other state in
the country, and enough to power 19 times the state's current
electricity consumption. Developing the offshore wind supply chain and
bringing manufacturing jobs directly to the Bay State will further cost
reductions and provide business, economic, and educational benefits to
local communities.

“Being able to bring the world’s preeminent steel manufacturer in the
offshore energy sector along with Gulf Island Fabrication, a premier
U.S. fabrication company, to work on the Bay State Wind project is a
tremendous honor,” said Thomas Brostrøm, President of Ørsted North
America. “In addition to an unmatched record of safety, EEW has been a
longtime partner of Ørsted’s which will make for seamless project
management and a strong, trusting working relationship.”

"By teaming up with EEW and Gulf Island Fabrication, we are working to
bring world-class offshore wind expertise to the U.S.," said Mike
Auseré, Vice President of Business Development at Eversource. "It will
allow us to play a vital role in bolstering the local economy and
ensuring customers are always receiving the best return on their
investments by our continuous efforts to keep energy costs low."

EEW and Gulf Island will specifically work on the production of monopile
foundations and transition pieces, including secondary steel components,
painting, and pre-fabricated components for offshore wind turbine
foundations. EEW will manufacture the large steel pipes and primary
pieces of the project. Gulf Island will outfit the secondary materials
of the project and execute the painting scope. At every possible
opportunity, the companies will contract with local Massachusetts
suppliers and manufacturers to source and develop capabilities for
several major components, including boat landings, ladders and internal
platforms for the construction of the foundations. The two companies
bring a complete understanding of the skills and methods needed to
ensure projects are completed on time and on budget.

“As we look to the future for the U.S. energy sector, offshore wind will
undoubtedly be a prominent source of energy for many Americans,” said
Kirk Meche, President and CEO of Gulf Island Fabrication. “We are
thrilled to be partnering with two industry-leading companies in their
respective fields on the first commercial-scale offshore wind farm in
the country.”

Bay State Wind is a proposed offshore wind project located 25 miles off
the Massachusetts South Coast and 15 miles off the coast of Martha’s
Vineyard, will be America’s first large-scale, commercial wind farm. The
project will supply 500,000 Massachusetts homes with clean, reliable
power. It will also create more than 1,200 annual jobs during
construction of the project and over 10,800 indirect and direct jobs
over the life of the project. The proposed Bay State Wind project will
establish Massachusetts as the hub for offshore wind leadership in the
U.S.

About Bay State Wind

Bay State Wind is a proposed offshore wind project located 25 miles off
the Massachusetts South Coast and 15 miles off the coast of Martha’s
Vineyard. The project is a joint venture between Ørsted – the global
leader in offshore wind – and Eversource – New England’s premier
transmission builder. Bay State Wind brings the experience of developing
23 projects around the world, on time and on budget, as well as deep
expertise in building transmission within New England, and sophisticated
knowledge of the region’s electrical grid. Bay State Wind’s proposed
commercial-scale offshore wind project will create more than 10,000
direct and indirect jobs over the lifetime of the project, drive
economic growth, provide cost-competitive clean energy and bring a
supply chain that establishes Massachusetts as the U.S. hub for a new
American industry. For more information on Bay State Wind, visit baystatewind.com
or follow us on Twitter @baystatewind.

About EEW Group

For more than 80 years, the EEW Group has been known worldwide as a
specialist for the production of large diameter steel pipes for the
offshore wind as well as oil and gas industry. Being a pioneer in the
field of offshore wind foundations, EEW has already participated in the
industry’s first research projects such as Alpha Ventus (2008, Germany).
Since that time the Germany based company contributed with approx. 1.5
million tons of steel pipes for nearly 2,000 offshore wind foundations
to more than 40 offshore wind projects and gained a market leading
position. Having nine pipe mills worldwide, thereof three mills (EEW SPC
in Germany, EEW KHPC in South Korea and EEW OSB in UK) which are
exclusively concentrated on the production of offshore wind components,
EEW is able to offer a complete portfolio of offshore wind components
including monopiles, transition pieces, pre-fabricated components for
jacket foundations as well as secondary steel and coating. With
innovative energy and the dedication of more than 2,000 employees
worldwide, the EEW Group creates innovative solutions for the
sustainable energy sector.

About Gulf Island Fabrication, Inc.

Gulf Island Fabrication, Inc. is a leading fabricator of complex
offshore and onshore steel structures used in the oil and gas,
petrochemical, power generation, and alternative energy business sectors
throughout the world. In business for over thirty-three years, the
Company also provides related installation, hookup, commissioning,
repair and maintenance services for the offshore oil and gas industry
through its Services Division. Additionally Gulf Island Fabrication,
Inc. operates a Shipyard Division with facilities providing new build
and repair of marine transportation vessels. The Company recently
fabricated offshore wind turbine foundations for the first offshore wind
power project in the United States. The Company also constructed two of
the largest lift boats servicing the Gulf of Mexico. The Company’s
customers include U.S. and, to a lesser extent, international energy
producers, petrochemical, industrial, power and marine operators. The
Corporate headquarter is located in Houston, Texas, with fabrication
facilities located in Houma, Jennings and Lake Charles, Louisiana, and
Aransas Pass and Ingleside, Texas.

Contacts

Media Contact
Ørsted North America
Lauren
Burm, 617-309-8730
[email protected]