Triumph Subsea Services Terminates LOI with InfraStrata for the Delivery of Windfarm Development Vessels

Triumph Subsea Services would like to advise that it has formally cancelled the Letter of Intent that was issued to InfraStrata plc on the 9th December 2020. The Letter of Intent was for one firm and one optional ST designed 200m x 35m Windfarm Development Vessels (WDV).

The WDV is a turn-key solution for floating windfarm installations, cable laying and providing marine services for offshore carbon capture and green hydrogen projects. Following Triumph's business model of building and operating vessels with maximum local content these UK built vessels would have provided numerous employment opportunities for the UK supply chain. These opportunities would also have existed during the vessels execution of UK renewables projects as the vessels would have been crewed and operated by UK personnel.

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Location: UK

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