In addition, Venterra said it was looking to back experienced management teams to explore new specialist businesses that complement the Member Companies. Ayman Asfari , Executive Chairman, said: "Offshore wind energy is growing fast around the world and is essential to the global energy transition.
But there is a supply chain crunch - the services industry supporting wind is highly fragmented and needs greater scale and additional capital to meet soaring demand from governments and developers with ambitious renewable energy commitments.
We are bringing together companies with the right experience and specialist skills and providing them with funding and support to create a services champion with the scale and breadth required by the market. We aim to create a new force in the offshore wind industry which will be a world-class industrial company. Together, we will have a strong presence in the renewables sector with our excellent services offering. We are all very excited about the support Venterra will provide in enabling FoundOcean to grow further and achieve more than we could by ourselves.
Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up. The SFO has accepted this is in essence a different company from the one that committed the offences.
Tom Allen QC, representing Lufkin, said his client should be spared an immediate prison sentence. The firm said in a statement last week all employees involved in the corrupt payments have left the business. We are committed to ensuring it will never happen again. Our comprehensive programme of corporate renewal has been acknowledged by the SFO.
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