RE: Meygen offshore work13 Dec 2025 15:10
In September the company said there was an export cable fault for one turbine that would be repaired in this operation. That announcement was preceded by a 25% drop in output from April to June, indicating that one turbine was out of commission. There was a similar drop in output from August to October, which suggests that another turbine has gone offline, but that has not yet been confirmed by the company. It is possible they are doing other work while they have the vessel on-site, but each of these operations costs about £700k, or about 2 months worth of revenue (2024 revenue was £4.3 million), so this would be a very expensive way to do routine maintenance.