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October 23, 2008
BLUE H PRESS
RELEASE
Consortia
NORTHWESTER applied for offshore wind concession to CREG
The consortium Northwester, consisting of Econcern's operating
company Evelop together with Blue H TTR (consisting of Transcor
Astra Group - a subsidiary of NPM/CNP -, TPF Group, Wagram Invest
and Blue H Technologies) has applied for a public property
concession license for the largest offshore wind farm project (600
MW) in the North Sea. The project is located in the furthest
available zone lying north of Bligh Bank and reaches depths ranging
from 30 to 45 metres.
The consortium will depend upon the technological experience of
Econcern and Blue H Technologies. Econcern is currently developing
the largest number of offshore wind farms in Europe. The company
with its mission ‘a sustainable energy supply for everyone' has
proven its expertise by developing, constructing and operating
projects such as the Offshore Wind Farm ‘Prinses Amalia Windpark' of
60 turbines, located 20 km off the Dutch coast with a capacity of
120 MW and Belwind, located right next to the proposed Northwester
site. Initial construction for Belwind is planned in 2009.
Blue H Technologies has developed the innovative technology for
floating wind turbines. This
development is ground breaking in the field and is well ahead of the
competition. Its floating platforms for wind turbines have been
adapted from the deepwater platform technology that has emerged from
the oil and gas drilling industry over the last 25 years.
The consortium is planning to use this innovative technology in the
deepest areas of the site which is roughly 60% of the zone. A
floating wind turbine costs less than a conventional fixed
installation in terms of both initial investment and operating
costs. For a conventional offshore turbine, the actual foundation
work currently makes up for half the total cost. So this commitment
to use innovative technology will mean that the deep seas can be
opened up for generating electricity commercially.
Frank Coenen, managing director of Evelop Belgium NV, commented that
"the construction of the first wind turbines could begin as early as
2013. Our team of strong partners will ensure the project's long-
term success."
Michel Helbig de Balzac, Chairman of Northwester, added that "the
high-tech expertise of Evelop and Blue H is going to further boost
state-of-the art technology in Belgium."
Who are Northwester's shareholders?
Evelop (www.evelop.com)
Evelop, part of Econcern, develops projects focussing on sustainable
energy sources, and it has one of the world's largest portfolios of
renewable energy assets. Econcern, with its mission ‘a sustainable
energy supply for everyone' employs over 1,200 professionals in 21
countries and has won the European Business of the Year 2008 award.
Evelop is involved in developing, realising and operating projects
in areas that include offshore and onshore wind, biomass, solar
energy, and seawater air conditioning, and it also constructs
utility buildings and housing with integrated solutions for
sustainable energy supplies.
Blue H Technologies (www.bluehgroup.com)
Blue H Technologies BV (Blue H) is a technology company set up to
develop offshore, deepwater wind farms that are far enough from the
coast to benefit from stronger and more regular winds. That means
that Blue H directly addresses the fundamental concern of the wind
energy industry today, namely the need to deploy increasingly large
turbines. Blue H's mission is to become the leading developer of
deepwater offshore wind farms around the world, based on its own
patented technology. Blue H pursues three interrelated objectives:
1) developing technology for deepwater offshore wind energy
production; 2) developing deepwater offshore wind farms using its
own technology; 3) being a co-supplier of the finished working units
and supervising the construction and installation of the wind farms
using its own technology.
Transcor Astra Group (www.transcorastragroup.com)
TRANSCOR ASTRA GROUP trades and distributes petroleum products,
natural gas, coal and coke, leasing pipelines as well as storage,
refining and shipping facilities. It also invests in and develops
alternative energy projects (renewable energy, CBM, CMM).
TTR
TTR, set up at the beginning of 2008, is a joint venture equally
shared by TPF Group and NMP/CNP acting through its subsidiary
Transcor Astra Group. It was created to allow them to jointly
develop projects in the alternative energy sector. It mainly
operates in the fields of onshore and offshore wind turbines,
biomass energy, and hydroelectricity. Various research projects have
been identified in the European countries where TTR's shareholders
are actively based, namely Belgium, France, Spain and Portugal.
TPF Group (www.tpf.eu)
TPF is a Belgian-owned consultancy with one thousand employees,
three hundred of whom work in Belgium, while the remaining seven
hundred are spread over seven European countries and India. Its
operations mainly focus on construction, infrastructure, water,
energy, and industry. The refurbishment of the Hotel Bristol in
Paris and the Kopernik building at Varsovia, Poland, are among its
better-known projects. TPF has carried out various projects in
co-generation, biomass energy, and electricity including the
construction of a wind farm in Kenya.
Wagram Invest (www.wagram-invest.com)
WAGRAM INVEST invests in companies run with new technologies
(Spacebell, Voice-Insight...). It plays a particularly active role
in the ICT and renewable energy sectors. Wagram Invest has extensive
experience in managing development projects for onshore wind farms
in Belgium, as well as in R&D project coordination in Europe.

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Press Releases
October 05,
2009 - Blue H USA announces it application to the US Army Corps of
Engineers for a deepwater offshore wind platform
July 07,
2009 - Blue H selected for private placement by Succès
Europe
March 12,
2009 - Blue H Prepares for Authorization of the World's First
Deepwater Wind Farm
February
24, 2009 - Blue H's Project GEOMA selected by Italian Government
January 14,
2009 - Project Deepwater Turbine
January 13, 2009
- Energy Technologies Institute Unveils First Projects to benefit from
£1.1 Billion Initiative
October 23,
2008 - Consortium Northwester Applied for Offshore Wind Concession
October 15,
2008 - Blue H France SAS Created
July 3, 2008 -
Blue H USA Massachusetts Congressional Delegation Letter of Support
March 10, 2008
3, 2008 - Blue H USA Submits Nomination For Lease
December 6,
2007 - Blue H Launches World's First Floating Wind Turbine
December 6,
2007 - Technical Note
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