The ST3 Offshore facility in Szczecin, Poland has been quired by Vestas in an auction. After multiple attempts to find a buyer, Vestas was one of two companies to submit a bid in this latest sales process. ThyssenKrupp was the other company.
Vestas had already announced in March 2022 that it would build a new facility for nacelle and hub assembly in Szczecin, with production expected to commence in 2024 from the factory in the Skolwin area of Szczecin.
The history of the ST3 site is complex. Set up by Bilfinger Mars Offshore (Bilfinger 62.5%, Mars 37.5%), the ownership structure then shifted to being majority owned by Poland’s state-owned Mars investment fund (80%) and ST3 Holding (20%). Known as ST3 Offshore, it was declared bankruptcy in February 2021. The facility previously supplied jackets, monopiles, and transition pieces.
The site at Skolwin Szczecin is thought to be too small to handle today’s larger size foundations and will be used by Vestas as a logistics base.
Image credit: ST3 Offshore