Long-term cooperation agreement on wind turbine foundations

DONG Energy and Bladt Industries have after an EU-tendering process
signed a framework agreement on long-term cooperation on the manufacture of
foundations for DONG Energy's future offshore wind farms in Northern Europe.
The agreement gives DONG Energy an option to buy up to 600 foundations from
Bladt Industries. The foundations are expected to be produced at Bladts factory
in Aalborg. The agreement also gives DONG Energy influence on the choice of
steel suppliers.

As offshore wind turbines are being installed in ever deeper waters, there is a
growing need for innovative approaches to foundation design and construction.
Therefore, the partners will also cooperate on the design of foundations and
look at ways of optimising the manufacture of foundations.