DEME secures sizable contract for Nordseecluster B wind farm in Germany

Core Insights - DEME has secured a significant contract for the transport and installation of inter-array cables for the Nordseecluster B offshore wind farm in Germany [1] - The Nordseecluster project is a collaboration between RWE, holding a 51% stake, and Norges Bank Investment Management, which owns 49% [1] Company Summary - DEME is involved in the offshore wind sector, specifically focusing on the Nordseecluster B project [1] - The contract highlights DEME's capabilities in handling large-scale offshore wind projects [1] Industry Summary - The Nordseecluster represents a growing trend in offshore wind energy development in Germany [1] - The partnership between RWE and Norges Bank Investment Management indicates strong investment interest in renewable energy projects [1]