K2 Management is witnessing an especially strong interest from clients in the offshore wind market and a strong demand for project execution of wind and solar farms.
"We have received so many requests to deliver solutions for the development and construction of projects, that if just half lead to final contracts, we will need to hire 100 staff over the next twelve months," CEO Henrik Stamer explains about the company's outlook for 2018.
Currently, K2 Management employs 150 consultants, spread across 15 offices on six continents. Plans to expand its suite of offices are under consideration, most likely in Holland, France, Japan and a further office in Denmark.
"We see that there is a huge demand for building up project teams with offshore wind experience, so we have also built up a structure internally, while developing and completing two offshore projects in Europe over the past four years," says Stamer.
Lump sum leads the way
In the fall of 2017 K2 Management was nominated by Northland Power to handle the installation of the Canadian company's German offshore wind farm Deutsche Bucht. In contrast with previous contracts, the deal with Northland Power was the first fixed price contract awarded to K2 Management, which usually carries out work based on hourly rates.
CEO Henrik Stamer hopes to land more fixed-price contracts in the coming years.
"We firmly believe that we will see more of these fixed-price contracts in the future. With this setup, we work 100 percent in the interests of the client. Offshore projects are not without risk, so the more factors that are certain, the better it is, relative to evaluation and ratings issued by banks.
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