ABB in joint venture with Inocean

ABB will partner with Inocean to establish an engineering services joint venture (JV) that specialises in delivering offshore wind projects.

The new entity, ABB Inocean, will be based in Gothenburg, Sweden.

ABB will own majority stake in the JV, which will undertake design, engineering and project management activities.

The new entity is expected to strengthen ABB’s competences and build expertise in the offshore wind power integration business.

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