FWP 2017 l Guillaume ARDOISE & Ricardo MORGADO, PPI & ASM Industries “Port facilities, supporting every stage of floating wind development”

2. ASM INDUSTRIES / PRINCIPLE POWER INC
WINDFLOAT
LOGISTIBILITY APPROACH
SAINT-NAZAIRE2ND OCTOBER, 2017

3. 1. Presenta<on of PPI & ASM
2. Logis<cs in Construc<on and Assembly
3. Logis<cs in O&M
4. Take-Aways
AGENDA

4. 4
PRINCIPLE POWER
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
Successful 5-year Full Life-Cycle Demonstration
2MW Vestas, Identical Performance to Fixed Foundation
17GWh, Produced in 12m waves; Survived 17m waves
A Proven
Technology
Projects
Pipeline
2 Precommercial Projects in Progress
Commercial Developments in Europe, USA, Asia
Strong
Backing
PartnersShareholders
Global
Presence
>30 people
Offices in USA, France, and Portugal
`
Our Vision: Be the global leader in deep water wind technology
Our Mission: To make the WindFloat the most competitive, safe, reliable and environmentally
friendly floating technology and unlock GWs of global renewable energy potential

5. 5
ASM INDUSTRIES
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
• Part of ASM GROUP, founded in 1980
• Located in Portugal
• + 150 motivated & committed employees
• 3 manufacturing locations (currently investments ongoing)
• + 37 years experience in steel manufacturing

6. 6
ASM INDUSTRIES
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT

7. 7
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
Commercial Projects
Scale
Need to Delivery
Cost CompeDDve
On Time
COOPERATION / LOGISTICS /
FLEXIBILITY

8. 8
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
Final Assembly & LogisDcs Serial ProducDon

9. 9
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
Serial ProducDon
BRACES
COLUMNS
WEP’S
Final Assembly & LogisDcs
FINAL FABRICATION
FINAL ASSEMBLY
COATING
TA INSTALLATION
TESTING
COMISSIONING
LOAD OUT
TURBINE INSTALLATION
OFFSHORE INSTALLATION
O&M
…
30% - 40% SoW’s 60% - 70% SoW’s

10. 10
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
TRANSPORT
~700 NM / ~3 days*
* Considering 10 knots
~1000 NM / ~4 days*

11. 11
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
TRANSPORT
BARGE
TRANSPORT
HLV

12. 12
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
LOGISTICS
LOAD OUT

13. 13
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
EXHISTING INFRASTRUCTURES
(dry docks, quay sides, …)
LOCAL SUPPLY CHAIN
(welding, coaDng, logisDcs, sea services…)
SPECIALIZED & INTENSIVE LABOR
DELIVERY CAPACITY
BACK UP CAPACITY (PT)

14. 14
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
LOGISTICS
Towing
& HookUp
75t BP Tug(s)
à Easy to mobilize
à Cost effective
No Special Equipment
Minimized Offshore OPS
à Risks Mitigation
à Positive impact on CoF

15. 15
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
At quay side while floating
Coordination with Ports:
§ Access to Quay-Side
§ Storage areas
§ Cooperation for Tugs Operations
Coordination with WT Suppliers
§ Spare strategy and storage
§ Lifting equipment
§ Coordination for Operations
LOGISTICS
Large Correc<ves

16. 16
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
KEY TAKE AWAYS:
Flexible approach with serial pre-assembly work and Final Assembly
Large scope for Local content: 60%-70%
A cost effecDve soluDon compaDble with the exisDng supply chain
Supports a risk-controlled ramp-up for further investments
A stepping stone towards larger industrializaDon

17. 17
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
THANK YOU!
Ricardo Morgado
Commercial Director
Guillaume Ardoise
Business Development Manager

18. 18
ASM INDUSTRIES | WINDFLOAT APPROACH
FWP ATLANTIC FORUM 2017, SAINT-NAZAIRE & LORIENT
https://youtu.be/Yh9tC5Y_iCo
WF 1