SMart Wind
SMart Wind is the supply chain led consortium developing the 4GW Hornsea wind farm as part of The Crown Estate’s Round 3 offshore wind programme. Leading the consortium are Mainstream Renewable Power and Siemens Project Ventures GmbH who formed the 50/50 joint venture in 2009. SMart Wind combines the development expertise of Mainstream Renewable Power with the financial strength of Siemens Project Ventures GmbH, which brings with it the respective expertise of Siemens Wind Power as well as Siemens Transmission & Distribution Limited. The aim of the joint venture structure is to reduce project risk by bringing on together best-in-class partners to manage the risk. The partners are fully committed to building an offshore wind industry in the UK and together they have considerable and complementary experience in the successful development, construction and operation of large-scale renewable energy and other infrastructure projects. Both parties also bring to the consortium key relationships with leading supply chain companies that will be necessary to ensure the cost effective design, construction and long term operation of the offshore wind farms.