Dated 18 December 2025, Sif Holding N.V. says it has made further progress in the ramp-up of its manufacturing plant at Maasvlakte 2, Rotterdam, achieving an output of four monopiles per week in December 2025.
The company has been communicating ramp-up progress using a reference capacity of four monopiles per week, a benchmark derived from an annual target of 200 reference monopiles—each weighing 2,500 tonnes—once the Maasvlakte II facility is fully operational. In line with a plan announced in August 2025, Sif Holding N.V. says it and its equipment partners have invested time and resources in improvements to process, people, and equipment. With the planned equipment upgrades and process stabilisation completed, the next phase is aimed at further efficiency improvements in the first half of 2026.
On the back of what it describes as solid performance, Sif Holding N.V. reiterates an adjusted EBITDA outlook of €45 million for 2025 and maintains a provisional minimum adjusted EBITDA guidance of €135 million for 2026.
For the period after 2026, Sif Holding N.V. says geopolitical dynamics are worsening project economics and adding financing pressure across offshore wind. It also points to insufficient grid availability in Europe and slower growth in energy demand, which it says is putting pressure on power offtake contracts for green offshore wind electricity. In response, Brussels and member state governments are entering energy-system redesign programmes that include Contracts for Difference, grid-capacity investments, and more balanced financial and non-financial tender criteria.
The company adds that urgency is increasing as offshore wind fabrication and installation capacity ramps up and requires a consistent pipeline of projects. It says the UK and EU governments cannot afford further delays in new-build schedules or in final investment decisions for projects already auctioned or granted. In the UK, it notes AR7 has closed and that the industry is pressing the government to increase subsidy allocation to secure more GW of green offshore wind electricity. For both the UK and EU, the first quarter of 2026 is expected to bring more clarity on tenders and final investment decisions for 2027 onwards. Based on active tenders in its pipeline for 2028 onwards, Sif Holding N.V. anticipates a ramp-up in industry activity, while noting its ability to secure future work depends on the effectiveness of level playing field measures in the EU and UK.
