<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1994804767464638&amp;ev=PageView&amp;noscript=1">

    Owner's engineer

    Helping our clients to make projects bankable and profitable

    Adding value from start to finish

    Mitigating risk is on every developer's mind.

    For developers without the adequate in-house resource or the expertise required to develop a project, appointing an experienced owner's engineer can provide specialist guidance during the development and construction phases all the way through to commissioning. 

    From management of risk and construction monitoring, to contracting strategy and scheduling support, expertise and extensive project-based experience adds significant value and risk mitigation to any project. 

    Crucial project-based experience 

    Our extensive experience - in project planning, development, construction, project management, due diligence and operations - means that we have a unique insight into the risks and challenges that you'll face when developing and constructing a wind or solar farm. 

    Our engineering function brings together analysts, civil, electrical and mechanical engineers working closely with our project management team to ensure that the wind and solar projects that we work on are developed and constructed on time, on-spec and on budget. 

    Owner's engineer

    Providing an end-to-end service, as owner's engineer we bring our experience to your project. 

    Wind measurement and energy resource assessment

    MEASUREMENT & RESOURCE ASSESSMENT

    The foundation of a robust business case relies on accurate understanding of resource, so we undertake monitoring of  data and witnessing of measurement installation which inputs into preliminary energy resource estimates. 

    Contracting strategy

    CONTRACTING STRATEGY 

    Every project is different and that's why they demand a carefully thought-out contracting strategy to balance risk mitigation and optimising financial gains.That's why working with us on your contracting setup and risk analysis is so important. 

    Tender support

    TENDER SUPPORT

    From procurement of technology to Balance of Plant (BoP) procurement, we support clients with the tendering process and development of technical documents alongside legal advisors. 

    Managing risks

    RISK MANAGEMENT

    We deliver a comprehensive risk management plan and risk register, while analyzing project risk associated with schedule, cost and interface. 

    CapEx and OpEx modelling

    CAPEX & OPEX MODELLING

    Our insight into CapEx and OpEx modelling delivers accurate projections, taking into account contingency modelling and O&M strategy across the full life of the project. 

    Project scheduling

    SCHEDULING

    Support in developing, delivering and maintaining the project's master schedule and the project execution plan ensures that your project remains on time and, subsequently, within budget.

    Preliminary design

    PRELIMINARY DESIGN

    From foundation design and substation concepts, to array layout options and electrical system design, our engineering team give detailed insights based on site-specific conditions.

    Energy yield assessment

    ENERGY YIELD ASSESSMENT

    Our analysis provide accurate energy estimates for the site including uncertainty analysis and recommendations for strategies to reduce uncertainty. 

    Geophysical & Geotechnical surveys

    GEOPHYSICAL & GEOTECHNICAL

    Our engineers will give a high-level indication of seabed or soil conditions, water depths and topography to feed into concept design and feasibility studies. 

    Clients and projects

    We are the owner's engineer on several projects - read all about it.

    • Onshore
    • Engineering
    • Construction
    • Construction and installation

    Owner's engineer for Dam Nai, Vietnam onshore project

    K2 Management is undertaking a contract for the owner’s engineer, project management and construction management of the 40 MW Dam Nai wind farm in...

    K2 Management is undertaking a contract for the owner’s engineer, project management and construction management of the 40 MW Dam Nai wind farm in Vietnam. 

    With a full owner’s engineer scope, K2 Management is undertaking design review and site inspections of the entire balance of plant, as well as wind turbine activities from factory inspections through to final commissioning.

    The project team is collaborating closely with the developer and owner on construction activities, health and safety issues, construction quality, project documentation and planning to secure contract, timeline and budget compliance.

    The project, set to be the first foreign-owned wind farm in Vietnam, is being constructed in two phases to be completed in 2018. 

    K2 Management and client The Blue Circle from K2 Management on Vimeo.

    Olivier Duguet, CEO at The Blue Circle, commented: “The development of the Dam Nai wind farm will be a significant contribution to Vietnam’s ambitious energy target set by the government and will allow Vietnam to tap into its natural resources.  We are delighted to appoint K2 Management in this role and will look forward to benefiting from their global expertise and vast wind experience.”

    Per K. Melgaard, Partner at K2 Management, stated: “Working with The Blue Circle on the Dam Nai project is a pleasure and we look forward to successfully completing the role of owner’s engineer and project manager.”

    “K2 Management has a wealth of experience as a key advisor in the development and implementation of wind projects and has hands-on local knowledge of the South-East Asian wind market. We will look forward to working closely with The Blue Circle to deliver a successful project.” 

    • Offshore
    • Owner's engineer
    • Construction
    • Construction and installation

    Veja Mate | Supporting development and construction

    "K2 Management offshore wind and project experience has been instrumental for the continued development and potential success of both projects....

    Photo Credit: Veja Mate Offshore Wind GmbH

    "K2 Management offshore wind and project experience has been instrumental for the continued development and potential success of both projects. As advisors, K2 Management has professionally managed the technical and engineering aspects of our offshore projects."

    Financial close reached in short time

    Construction of the 402 MW German offshore project was completed in less than 14 months and just 23 months after financial close. Commissioning activities on the last turbine were completed end May 2017 – 4 months ahead of agreed schedule and below the budget agreed at financial close.

    During the construction period K2 Management supported Copenhagen Offshore Partners (COP) and the Veja Mate Offshore Project with dedicated consultancy services.

    The project was acquired in September 2014 by investment firm Highland Group Holdings Ltd, but at financial close in June 2015 sold to a consortium including Highland, Copenhagen Infrastructure II, a fund managed by Copenhagen Infrastructure Partners, and Siemens Financial Services.

    K2 Management has been supporting as owner’s engineer, technical advisor and as part of the project management team – including the role as Project Director – bringing Veja Mate to financial close in a very short time.

    Services provided:

    • Wind energy and turbulence assessment
    • Scheduling
    • FEED study
    • Risk management
    • Interface management
    • Project structure development
    • Project organization development
    • Invitation to tender (ITT) structure development
    • ITT Management including employer’s requirements and annexes
    • Tender process management, including bid evaluation and contract negotiations
    • Foundation and substation design process management
    • Cost books management for all specified packages supporting financial advisor
    • Technical advisor on nacelle LiDAR based power curve measurements.

     

    • Offshore
    • Owner's engineer
    • Project management
    • Construction
    • Construction and installation

    Deutsche Bucht | Developing Deutsche Bucht

    K2 Management is delivering full scope construction management on the €1.2bn Deutsche Bucht offshore wind farm in the German North Sea. 

    Photo Credit: Northland Deutsche Bucht

    K2 Management is delivering full scope construction management on the €1.2bn Deutsche Bucht offshore wind farm in the German North Sea. 

    Commissioning in 2019

    After supporting Highland Group Holding as owner’s engineer and technical advisor since 2013. K2 Management was awarded a lump sum service agreement by Northland Power after it acquired the project in 2017.  

    The assignment's scope will see K2 Management deliver full construction management services, from the pre-construction phase through to the Commercial Operation Date, planned for 2019. 

    This two-year scope for Northland Power will include: 

    • HSE and quality management 
    • Technical management of project agreements
    • Construction monitoring 
    • Management of integration, time and cost, contracts and risk 
    • Providing procurement and technical advice for the duration of the project.

     

    Morten Melin, Executive Vice President, Construction at Northland Power commented:

    “DeBu is a large offshore project; having a full-scope construction management provider will help to ensure its success. Northland Power has selected K2 Management for this role as a result of their extensive track-record, and their significant contribution to bringing the project to financial close.”

     

     

     

     

    Our services for Highland Group Holding from 2013-17 included:

    • Wind energy and turbulence assessment
    • Scheduling
    • FEED study
    • Risk management
    • Interface management
    • Project structure development
    • Project organization development
    • Invitation to tender (ITT) structure development
    • ITT Management including employer’s requirements and annexes
    • Tender process management, including bid evaluation and contract negotiations
    • Foundation and substation design process management
    • Document management
    • Cost books management for all specified packages supporting financial advisor
    • Technical advisor on nacelle LiDAR based power curve measurements.

     

     

     

    • Offshore
    • Owner's engineer
    • Construction
    • Construction and installation

    Sprogoe | Support as Owner's Engineer

    With the support of K2 Management, Sund & Bælt succeeded to build the entire project in record time without any Health & Safety incidents and...

    Photo Credit: Sund & Bælt

    With the support of K2 Management, Sund & Bælt succeeded to build the entire project in record time without any Health & Safety incidents and within budget.

    The wind farm was built to supply green electricity for the large tunnel and bridge project - The Storebaelt fixed Link - in Denmark. The project was built under a multi-contracting regime where Vestas was responsible for the design, delivery and installation of the 7 turbines each with a capacity of 3 MW. The wind farm was constructed in 2009 in what was at the time the fastest construction of any offshore wind farm.

    K2 Management supported Sund & Bælt, which is the Owner of the Wind Farm, in a role as Owner's Engineer and Project Manager for the wind turbine part of the project. The main tasks carried out by K2 Management on this project were:

    • Negotiation of the TSA and FSA contracts
    • Project Management of the turbine part of the project
    • Overall project management in corporation with other consulting engineers
    • Turbine component quality monitoring and testing
    • Audit of Vestas HSEQ performance
    • On-site construction management
    • Turbine installation and commissioning management
    • Taking Over tests verifications
    • As-built documentation review

    With the support of K2 Management, Sund & Bælt succeeded to build the entire project in record time without any Health & Safety incidents and within budget.

    The wind farm is today one of the world's most efficiently producing offshore wind farms.

    In August 2014 K2 Management supported Sund & Bælt in the analysis of the
    market for the tendering of service contract for the wind turbines.

    What do our clients think?

    Find out below: 

    "K2 Management really makes you grow"

    “We are pleased to have K2 Management on our side supporting us with wind analysis and CFD services. K2 Management’s expertise in analyzing wind speed shifting behavior from onshore to offshore site provided us with an optimized, cost-effective solution in the measurement campaigns.

    K2 Management’s support has been instrumental in the planning process for development of the offshore wind farm.”,

    Mr. Y. U. Chung | SK E&C

    "Bringing Deutsche Bucht to financial close"

    "Northland Power has selected K2 Management for this role [full-scope construction management provider] as a result of their extensive track-record, and their significant contribution to bringing the project to financial close."

    Morten Melin | Executive Vice President, Construction |Northland Power

    "K2 Management was invaluable in this acquisition"

    “K2 Management’s technical advice, financial insight and operational performance expertise was invaluable to us in this acquisition.”

    ITOCHU Corporation

    "Delivering offshore wind project management to Taiwan"

    “The K2 Management team has very high professional competence in project management of offshore wind power projects. That is why we established a very strong relationship with them.”

    Robert Tsai | Chairman | Formosa Wind Power Co. Ltd.

    ""The quality of the team [has been] outstanding.""

    “K2 Management has really provided invaluable contribution to our projects in a way we never would have been able to organize. The quality of the team and the organization around it has been outstanding.”

    Albert Jochems | Investment Director | Highland Group Holdings Ltd.

    "Benefiting from global expertise and vast wind experience"

    We are delighted to appoint K2 Management in this role and will look forward to benefiting from their global expertise and vast wind experience."

    Olivier Duguet | CEO | The Blue Circle

    "Energy yield assessment for due diligence"

    "The energy yield assessment completed for the project financing...was quickly and efficiently supplied, and passed through the lender due diligence process with no material issues raised.”

    Steve Williams, Senior Project Manager, Banks Renewables

    ""The CFD results were invaluable in our decision...""

    “The supplied CFD modelling results were invaluable in our decision making process. Results and applied methods were clearly and concisely explained, allowing us, as developers, to put them to best possible use.”

    Richard Seymour | Senior Project Manager | Infinergy

    "Hands on experience and insights for great investments"

    “Their hands-on experience and insights have given us the necessary comfort for investing and de-risking areas of concern,”

    LI You | Investment Director | CGNEE

    "Helping to grow John Laing's industry presence"

    “We are delighted to have K2 Management on our side to help grow John Laing’s presence in the renewable energy sector.”

    Edward Thompson | Commercial Director, Renewable Energy | John Laing

    "A practical approach to problem solving for clients"

    “K2 Management has a long proven track record and thereby a practical approach for finding solutions for its clients. We honor this way of working and are looking forward to be working with K2 Management again,“

    Mikko Toivanen | COO and Co-founder | Ilmatar

    ""They really have our interests and problems in mind...""

    “What I like about K2 Management is that they really have our interest and problems in mind [when] addressing technical issues. They don’t waste my time and they don’t spend too much time, they just come to me with the problem and the solution, and that is what I like.”

    Bastian Schachtner | Director, Structured Finance Office | MUFG

    ""The team was thorough in its approach to this analysis...""

    “The team was thorough in its approach to this analysis. It is clear they have an in-depth understanding of solar technology and yield analysis.”

    Mirjam Tome | Project Development Engineer | RATCH Australia Corporation


    Let's talk about project management