Subsea7 secures two major cable installation contracts in Taiwan
Subsea7 S.A., through its Seaway7 unit, has been awarded a substantial contract by Synera Renewable Energy (SRE) for the Formosa 4 Wind Farm in Taiwan. The contract involves the transport and installation of 35 inter-array cables for the 495 MW offshore site, located approximately 20 kilometres off Miaoli County. Offshore works are anticipated to begin in 2028. Subsea7 defines a substantial contract as being between $150 million and $300 million.
Additionally, Seaway7 has been named the preferred contractor for the cable installation on SRE's Formosa 6 project. This project includes the transport and installation of 57 inter-array cables, with contract finalisation expected in 2026. These awards mark Subsea7's seventh contract in the Taiwanese market since 2019, reinforcing its commitment to supporting Taiwan's offshore wind energy goals.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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