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Intrakat-Parkwind Agreement ‘Locked’ for Offshore Wind Development – What Does the Agreement Provide?

Posted on June 22, 2022

With extensive experience in offshore development projects and specialization in local infrastructure projects, the two companies complement each other.

Headquartered in Greece and with a significant international presence, the Intrakat Group, a key member of Intracom Holdings, is a leading player in the country’s construction sector, offering high-quality products in a comprehensive portfolio of activities that includes Infrastructure Projects Public, PPP – Concessions, FER – Environmental projects and Real Estate development.

The Intrakat Group, having dynamically strengthened its activity in Renewable Energy Sources in 2021, currently has a portfolio with a total capacity of more than 1 GW. At the same time, it ventures into electrical energy storage plants with the development of 9 licenses.

Parkwind is an independent green energy company that develops, finances and operates offshore wind farms. With four wind farms under operational management in the Belgian North Sea and a fifth currently under construction in Germany, Parkwind will soon have more than 1 GW of power. This deal is part of Parkwind’s international expansion strategy and the growing demand for significantly more offshore wind power development across Europe.

“Greece will develop this type of large-scale wind farms”

THE Francois Van Leeuwco-CEO of Parkwind, said: “With a partner like Intrakat, we know we have everything we need to offer Greece the best offshore wind power. The complementary nature of our cooperation is the key to developing a valuable proposition that can boost offshore wind power in Greece. We are grateful to have the opportunity to start working together in an open and productive environment.”

THE petros souretisCEO of Intrakat and Loukas LazarakisCEO of Inkat Energy, stated: “As part of the Intrakat Group’s investment and growth strategy in renewable energy, we are moving towards an important, and I think extremely dynamic, strategic partnership with Parkwind, an innovative company with a leading position in the field of offshore wind farms. Greece, in the coming years, will develop this type of wind farm on a large scale, which has obvious multiple benefits. With the know-how and experience of Intrakat and Parkwind, we aspire to become a leader in this field”.

What is Parkwind?

THE park wind is an independent green energy company that develops, finances and operates offshore wind farms. With ten years of experience and 771 MW under operational management in the Belgian North Sea, Parkwind is currently expanding internationally. With active projects in various stages of development, such as Arcadis Ost 1 (DE) or Oriel (IRL), Parkwind will add another 1.1 GW under its management.

With a commitment to making green energy available and accessible to all through its unique approach spanning the entire offshore wind value chain, Parkwind has established itself as a trusted and competitive partner in communities, governments and providers from all over the world.

With more than 120 professionals, with offices in Belgium and Ireland, Parkwind leads the offshore wind business of the Belgian shareholder Virya, owned by the Colruyt and Korys Group. Find out more at www.parkwind.eu

THE intracat was founded in 1987 and is a member of the Intracom Holdings Group. The company has been listed on the ATHEX since 2001 and holds the 7th degree certificate from the Registry of Public Works Contractors. In 2005 the company merged with the metal construction company Intramet.

Intrakat is actively involved in the construction of public infrastructure projects, PPPs, environmental projects, innovation projects and renewable energy sources in Greece and abroad, having accumulated in its 35 years of market presence significant experience, know-how and extensive specialization.

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