CS Wind secures public tender to set up industrial unit at Port of Aveiro

Cuatrecasas advised CS Wind, a global leader in wind tower manufacturing, on the public tender to set up and operate an industrial unit to produce components for the offshore wind industry at the Port of Aveiro.

This new unit—the multinational's fourth factory in Portugal—will be located on two plots of land with a total area of 121,362 square meters, adjacent to the facilities that CS Wind already has in the area. It will feature state-of-the-art technology for manufacturing offshore wind components, including floating offshore foundations.

The advising Cuatrecasas team comprised lawyers João Sequeira Sena and Miguel Dias das Neves, coordinated by Lourenço Vilhena de Freitas, co-coordinator of the Public Law Practice Area.

According to the South Korea-based company, between €200 and €300 million will be invested in this new unit, which is expected to create around 1,000 jobs.

According to the Port of Aveiro, the concession has an initial duration of 30 years, with a one-time extension option for an additional 10 years. It will generate €2,184 million annually for the port administration, while also strengthening the Port of Aveiro’s position as one of Europe’s largest offshore component production hubs.