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Home » Uncategorized » K2 oversees Norway wind
Onshore Wind

K2 oversees Norway wind

SaraBy SaraFebruary 7, 20192 Mins Read
Siemens Gamesa books 263MW European tour

Danish renewables consultancy K2 Management has been awarded the role of owner’s engineer for the 30MW Stigafjellet wind farm in Norway.

The developer, Swiss utility Elektrizitatswerk der Stadt Zurich (EWZ), appointed K2 following its due diligence work on the project, which EWZ went on to acquire from Eolus in 2018 for €40.7m.

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Construction of Stigafjellet, in Bjerkreim south of Stavanger, begins in the first quarter of 2019 and commercial operation is expected in mid-2020.

Eolus will build the facility for EWZ.

The owner’s engineer role will comprise electrical and foundation design review, milestone inspections, take-over inspection and construction monitoring for the duration of the construction phase.

Siemens Gamesa is supplying seven DD-130 4.3MW turbines for Stigafjellet and will also service them for five years.

The due diligence role that resulted in EWZ’s acquisition of Stigafjellet saw K2 Management undertake a full technical diligence assessment, which included areas such as permitting and consenting, technology and design, and assessing capability of contractors and operators and a review of the financial model and cost assumptions.

K2’s analysts also reviewed the expected technical losses proposed in the energy yield assessment.

EWZ transaction manager Martin Oeschger said: “After supporting us thoroughly with risk insights and comprehensive technical expertise, appointing K2 Management to the role of owner’s engineer was the right fit.

“We look forward to continuing our great partnership to see Stigafjellet energised.”

Onshore Wind Siemens Gamesa
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