Turner & Townsend and JUMBO Consulting Group form strategic partnership – accelerating support for the global energy transition
Turner & Townsend and JUMBO Consulting Group form strategic partnership – accelerating support for the global energy transition
The image attached shows Changfang and Xidao Offshore Wind Project (CFXD), a 589 MW project located off the western coast of Changhua, Taiwan. JUMBO has provided procurement and contract management for the project.
（Source: Copenhagen Offshore Partners (COP)）
Turner & Townsend has recently formed a strategic partnership with JUMBO Consulting Group. As a part of their expansion in the clean energy sector, Turner & Townsend will acquire a majority 70% share in JUMBO Consulting Group, a global leader in procurement and contract management for offshore wind.
This comes against a backdrop of major investment by global energy companies and national governments in offshore wind. Analysis from the Global Wind Energy Council (GWEC)'s Global Offshore Wind Report 2024, it forecasts that 138 GW of offshore wind capacity is expected to be added globally from 2024-2028, with annual installations expected to average 27.6 GW (GWEC, Global Offshore Wind Report 2024).
According to the agreement, the new combined team, which will be known as Turner & Townsend JUMBO, will build up its capability in a fast-expanding market, establishing an industry-leading offer that helps accelerate the delivery of offshore programmes needed to support the energy transition. Turner & Townsend JUMBO will provide a comprehensive range of commercial and programme management support to these industries – bringing market leading ways of working, digital solutions and global best practice throughout the project lifecycle (business case, consenting, procurement, construction and operations).
Vincent Clancy, Chairman and CEO, Turner & Townsend, said:"Energy transition is one of the greatest priorities for our generation and we are committed to playing our part in delivering affordable, sustainable and secure energy. Turner & Townsend JUMBO is a key part of our response to this challenge. The offshore industry is rapidly growing in complexity and scale, creating demand and opportunity for our services and expertise as we seek to transform performance for a green, inclusive and productive world."
David Whysall, Global Head of Natural Resources at Turner & Townsend, said:" Offshore wind provides one of the most significant opportunities to decarbonise our global energy sector and support the shift to net zero. However, this investment is not without its challenges. As the industry grows, so does pressure on supply chains to develop the capacity, technical skills and resources needed to support investment and manage risk when navigating the complexities of offshore development.
Morten Søjborg, Chief Executive Officer at Turner & Townsend JUMBO, added:"Our partnership with Turner & Townsend is driven by a shared purpose and commitment to advancing the clean energy transition. By combining our strengths, we aim to leverage expertise and scale in the development and delivery of offshore renewable energy projects, accelerating our collective impact and ability to achieve this goal.
