Aberdour: Cierco forms three subsidiaries; Cierco Services (CS), Cierco Technologies (CT) and Cierco Projects (CP). The addition comes as the company is redefining its business plan where new activities will be expected under the new companies. Forthwind will be organized as a subsidiary of CP. As a technology independent company, we see new opportunities with the introduction of floating wind power. The technology is compatible for integrations with gas generation and drinking water production and offer new opportunities in non-grid connection island generation enabling remote and isolated deployments.
Scott Harper, Managing Director stated: “We have defined a clear business plan and have a good view on activities. As a result we need to prepare and organize accordingly; the new corporate structure will allow us to progress in various areas and have clear interfaces between the activities.”