Diversification into Offshore Wind Energy
A leading global provider of engineered products and services sought EBC’s expertise to explore opportunities to diversify its subsea product manufacturing from oil and gas into renewables. This client relied on EBC’s expertise to review its manufacturing operations and advise on the technical requirements for diversifying its capabilities.
For this client EBC:
- Analysed the market landscape
- Reviewed the client’s existing manufacturing footprint to identify opportunities for cost-effective diversification
- Created an outline plan to extend the current manufacturing facilities to enter the desired market
- Delivered a financial model and demonstrated a clear business case to C-Suite
- Completed a successful government grant application including all supporting documentation as required
EBC supported us in making an effective business case for diversification from manufacturing for oil and gas customers into the rapidly growing offshore wind energy market., The EBC team was able to build a compelling, actionable, detailed case for investment which accurately demonstrated the expenditure required to develop the company’s manufacturing capability. The plan developed by EBC reflected the potential for future profitability of different investment options EBC supported us through an extensive government grant funding application, which was then awarded. The team went above and beyond our original brief and we were delighted with their performance.
Client Global Engineering Director
