Group 1 - Subsea7's subsidiary Seaway7 has secured a significant contract from Skyborn Renewables for the transportation and installation of monopile foundations and transition pieces for the Gennaker offshore wind farm in Germany, valued between $150 million and $300 million (approximately RMB 1.042 billion to 2.084 billion) [1][3] - Seaway7 will be responsible for transporting and installing 63 monopile foundations and transition pieces, with offshore construction expected to commence in 2027 [3] - The Gennaker offshore wind project, located approximately 15 kilometers north of the Fischland-Darß-Zingst peninsula, has a total installed capacity of up to 976.5 MW, featuring 63 Siemens Gamesa SG 14-236 offshore wind turbines and two offshore substations [3] Group 2 - The project is anticipated to make a final investment decision in the summer of 2026, with a construction duration of two years, aiming for operational status by 2028 [3] - Once completed, the project is expected to generate an annual output of 4 TWh, sufficient to meet the electricity needs of approximately 1 million households, and will become the largest offshore wind farm in the Baltic Sea region of Germany [3] - Recently, Skyborn Renewables signed an agreement with the German transmission system operator 50Hertz, which is leading the grid connection project for the Gennaker wind farm, laying the groundwork for the project's full operation in mid-2028 [3]