SeAH Steel Holdings’ UK Monopile Factory To Launch With Major Offshore Wind Deals
The title of this post is the same as that of this article on the CHOSUN Daily.
These three paragraphs give more details.
SeAH Wind, the British offshore wind structure subsidiary of SeAH Steel Holdings, is set to begin commercial operations at its local plant next month, bolstering annual revenue growth projected to reach billions of dollars. The facility has received a total investment of £900 million ($1.1 billion or 1.6 trillion won), and the company has already secured orders surpassing the plant’s construction costs, ensuring a solid foundation for stable operations, according to industry sources.
Located in Teesside, northeastern England, the plant is in the final stages of equipment installation and test production ahead of its commercial launch. The facility has an annual production capacity of up to 400,000 metric tons of monopiles—cylindrical steel structures welded from thick steel plates—which serve as seabed foundations for offshore wind turbines.
The £900 million SeAH Wind plant was established with support from various group affiliates. SeAH Steel Holdings founded SeAH Wind in the UK in 2021, initially investing approximately 400 billion won ($274 million or £217 million) in the facility. Additional funding was secured through capital increases, with contributions from SeAH Steel Holdings, its steel pipe subsidiary SeAH Steel, and overseas branches, including U.S.-based SeAH Steel America and South Korea-based SeAH Steel International.
As the UK’s sole offshore wind monopile supplier, SeAH Wind has attracted significant attention. On Feb. 13, King Charles III visited the plant to inspect its production facilities, underscoring its strategic role in the country’s renewable energy sector.
The plant is making monopiles for the Hornsea 3 and Norfolk Vanguard wind farms.
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