Smulders HSM, a joint venture between Smulders (Eiffage Metal group) and HSM Offshore Energy, was contracted by HSM Offshore Energy to undertake yard construction of the East Anglia TWO offshore substation topside and jacket foundation. Smulders HSM commenced construction of the 5,100 mt offshore substation topside module and 3,700 mt jacket foundation at its yard in late March 2026, working as the execution JV under HSM Offshore Energy's prime EPCIC contract with ScottishPower Renewables. The JV brings together Smulders' heavy steel fabrication capability with HSM Offshore Energy's offshore platform delivery experience.