Aker Solutions has won a contract from Orsted and Eversource, to provide the HVDC transmission system for the 924MW Sunrise Wind offshore wind project in the US.
Sunrise Wind is the first offshore wind farm in New York, and when completed, it is planned to generate enough electricity to power close to 600,000 homes.
The contract is worth more than Nkr3bn (€0.3bn), according to Aker’s Q3 2021 results.
In the third quarter, Aker Solutions delivered revenues of Nkr7.3bn and an EBITDA of NOK 459m excluding special items.
This was equivalent to an EBITDA-margin of 6.3% and the earnings per share were Nkr0.22.
Aker Solutions chief executive Kjetel Digre said: “We delivered another solid quarter demonstrating that we continue on-track with our growth targets and our transition journey.
“Third-quarter results reflect continued strength in operational performance and further support our confidence in full-year financial guidance.
“We secured our sixth consecutive quarter of high order intake above 1.0x book-to-bill. This provides a solid foundation for activity increase moving forward.
“Another important development is that we continue to secure order intake from energy transition related work, and this currently represents more than 30% of our orderbook.
“Looking forward, we see increased market activity across areas where we are relevant.
“Aker Solutions is well positioned to take full advantage of opportunities ahead.”