Esvagt runs into hurdles on the road to two large US wind farms

The offshore service operator wanted to bid on two major offshore wind projects in the US this year, but the developers have withdrawn the projects due to strained finances.
"After our contract with Siemens Gamesa, we had hoped to join Crowley in bidding on two other offshore wind projects this year. But those tenders have been withdrawn,” says Peter Lytzen, CEO of Esvagt. | Photo: Esvagt Pr
"After our contract with Siemens Gamesa, we had hoped to join Crowley in bidding on two other offshore wind projects this year. But those tenders have been withdrawn,” says Peter Lytzen, CEO of Esvagt. | Photo: Esvagt Pr

Esvagt’s big strategic bet to seize a significant chunk of the US offshore wind service market has temporarily hit a roadblock.

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