DEME Concessions invests in and develops projects in offshore wind, port infrastructure, green hydrogen and other special projects. It operates through participations in special purpose companies – greenfield and brownfield. In addition to creating economic value on its projects and generating equity returns on its investments, DEME Concessions also aims to secure contracting activities for the group in the EPC phases of its projects.
Concessions
DEME Concessions oversees four activity domains:
- Offshore Wind Concessions: The Concessions segment has economic ownership of 144 MW of wind energy from offshore wind concessions in operation, generating recurring income, while building a pipeline and exploring and developing additional opportunities.
- Dredging & Infra Concessions: For Dredging & Infra, the Concessions segment is forging ahead with the Blankenburg Connection in the Netherlands, Port-La Nouvelle in France and further expanding in Port of Duqm in Oman. DEME continues to explore new opportunities for ports and other concessions, mainly in Europe and Latin America.
- Green Hydrogen: DEME Concessions is on track to be amongst the first in the world to produce green hydrogen and green ammonia. The flagship project is HYPORT Duqm in Oman, where DEME and its development partner OQ Alternative Energy signed a Project Development Agreement with the government in Oman. Additionally other locations are being explored to deploy the same HYPORT technological concept.
- Global Sea Mineral Resources: The Concessions segment is also working on the Global Sea Mineral Resources (GSR) initiative. GSR is helping to tackle the scarcity of the planet’s resources in the most responsible way and is continuing its research into the possibility of collecting metal-rich, polymetallic nodules from the deep ocean floor.
