Newton Aycliffe-based Tekmar Group has been awarded a contract worth over €8 million with an existing engineering, procurement and construction client.
The project involves supplying Tekmar’s 10th Generation Cable Protection System (CPS) along with related ancillary equipment for a major UK offshore wind farm. Tekmar will leverage its in-house engineering expertise and comprehensive CPS design capabilities to provide an optimised technical solution for the installation.
Delivery is planned for late 2027, subject to the project reaching Final Investment Decision (FID) in early 2026. Revenue from the contract will be phased across Tekmar’s financial years 2026 and 2027.
Richard Turner, chief executive of Tekmar Group, commented: “We are delighted to continue our long-standing relationship with this customer through the award of another major project. This contract reinforces Tekmar’s position as the clear market leader in subsea asset protection, with our technologies protecting two thirds of the world’s installed offshore wind capacity. This significant contract builds on our growing success and order book momentum, which is improving utilisation and provides longer term revenue visibility.”
