In this News Flash: Offshore Wind Consultants (OWC) is acquiring Delta Wind Partners, a specialist in offshore wind turbine solutions, to expand its technical offerings and consultancy services for offshore wind projects. The move is seen as a strategic partnership to acquire more engineers and capabilities, leading to market share growth.



Equinor is set to acquire Rio Energy, a prominent onshore renewables company in Brazil, through an agreement with Denham Capital. This move allows Equinor to establish a leading role in Brazil's rapidly growing renewables industry, enhancing its production cash flow and project pipeline.



TPI, a blades company, has hired Neil Jones as its Chief Quality Officer, a newly created position. The company aims to address quality issues in its wind business and reassure investors, operators, and insurance companies about its commitment to quality. TPI has also experienced management shuffles, indicating a potential realignment of upper-level management and a shift toward implementing a higher level of quality control, considering their transition to a build-to-print business model.



Pardalote Consulting - https://www.pardaloteconsulting.comWind Power LAB - https://windpowerlab.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com











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News Flash - 24 July 2023



Allen Hall: I'm Allen Hall, president of Weather Guard Lightning Tech, and I'm here with the Vice President of North American Sales for Wind Power LAB, Joel Saxum and the Founder and CEO of Intelstor Phil Totaro, and this is your News Flash.



Offshore Wind Consultants is acquiring Delta Wind Partners to expand its technical offering in wind turbines and consultancy for offshore wind projects. Wind Partners is a specialist in all kinds of solutions involving offshore wind turbines. Now. Now Joel, this seems to be an obvious partnership just because everybody's looking for engineers.



Everybody's looking for offshore wind experience.



Joel Saxum:  Yeah. Grabbing, grabbing engineers, grabbing capabilities, and growing market share. So, Right. It's the same thing. We talk about this, this kind of grouping of companies that are complimentary to each other. If your culture matches a bit and, and they've got 10 engineers and you've got 10 engineers, let's put 'em all together.



We got 20 engineers. Now we're, now, we're a big company that can be entrusted more 



Allen Hall: and Delta Wood Partners has a couple of projects that has worked on some projects in the UK, Ireland, Japan, and South Korea. Now, Phil, South Korea is a big growing area for offshore wind. Does bringing in some expert expertise for a group that has worked in South Korea help out offshore wind consultants?



Phil Totaro: Absolutely. So OWC has some of their own contracts on some of the kind of projects that are in the pipeline. But even generally, like OWC's Parent Company, ABL. They have been kind of expanding their capability throughout offshore wind over the past, you know, five, six years. So this is just adding one more piece to that, that puzzle that gives them kind of a a market leading position.



Allen Hall: Everybody's looking to grab the market position. At the moment everybody's getting bigger. More of this to come. Equinor will acquire Rio Energy, a prominent onshore renewables company in Brazil through an agreement with Denham capital. Deal includes selected assets and the team while denim capital will retain.



Certain assets. The move allows Equinor to take a leading role in t...