K2 Management wins offshore wind contract in Maryland
K2 Management has been appointed owner’s engineer on US Wind’s offshore wind project in Maryland.
K2 Management will be supporting US Wind with project management during the development of the project’s first phase with an installed capacity of 270 MW. The scope also includes design and engineering and package management, including tender and negotiation support.
US Wind’s MarWin project could bring as much as 1.5 GW of installed offshore wind capacity to Maryland. The company holds the rights for the Maryland Wind Energy Area under a Bureau of Ocean Energy Management (BOEM) lease of approximately 80,000 hectares, located 16 to 48 kilometres off the state’s coast. In 2017, US Wind was awarded Offshore Renewable Energy Credits (ORECs) for the first phase of its MarWin project.
“US Wind has big plans to deliver offshore wind to Maryland, contributing to the long-term economic growth of the state with employment opportunities and local investments. We appointed K2 Management as owner’s engineer on our flagship MarWin project to elevate the technical capabilities on what will be Maryland’s largest offshore wind project”, said Jeff Grybowski, CEO at US Wind.
“K2 Management understands what it takes to deliver complex offshore wind projects – from navigating technical challenges to driving financial optimization – and this expertise underpins our work in the US offshore wind market”, said Lars Andersen, President of K2 Management’s Americas unit.