Author Michelle Adamick Director of Marketing & Communications

Turner & Townsend and JUMBO Consulting Group have established a new strategic partnership to support their expansion in the clean energy sector.  

Turner & Townsend will acquire a majority 70 percent share in JUMBO Consulting Group, a global leader in procurement and contract management for offshore wind.  

The agreement will build the combined team’s 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. 

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 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 GW1.

This growth is being seen worldwide, with expansion planned across key markets in Asia-Pacific, North America and Europe.  JUMBO’s geographical footprint closely mirrors this regional focus and has an established network of operations in Aberdeen, Copenhagen, Hamburg, Madrid, Warsaw, Singapore, Melbourne, Seoul and Taipei, with the ability to now draw on Turner & Townsend’s team of over 10,000 people across 48 countries.

The new combined team will be known as Turner & Townsend JUMBO creating an end-to-end service offer for clients looking to establish and deliver projects in the offshore wind sector, as well as around energy islands, grid expansion and interconnectors.  

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 practices throughout the project lifecycle (business case, consenting, procurement, construction, and operations).

Turner & Townsend JUMBO will continue to be led by JUMBO’s current management. 

Morten Søjborg, Chief Executive Officer at Turner & Townsend JUMBO, comments:

“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.

“This partnership not only fosters skill development and growth opportunities for our team; it also enables us to offer a sophisticated and comprehensive value proposition to our clients that is unparallelled, combining deep sector knowledge with major programme delivery capability.

“We are excited to bring this joint offering to the market and continue to make a difference for our clients.” 

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, added:

“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.

“Our strategic partnership will combine JUMBO Consulting Group’s significant commercial and procurement experience in offshore wind, with our knowledge and expertise in complex project set up and delivery; providing a client offer which has a truly global reach and local market understanding.” 

This transaction is expected to be completed in the coming weeks. 

About Turner & Townsend

Turner & Townsend is a global professional services company with over 10,000 people in 48 countries. Collaborating with their clients across real estate, infrastructure and natural resources sectors, they specialise in major programmes, programme management, cost and commercial management, net zero and digital solutions.

They are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with their partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

They are passionate about making the difference, transforming performance for a green, inclusive and productive world.

About JUMBO Consulting Group

Your Solution Provider in Offshore Renewables.

JUMBO Consulting Group is a highly experienced and specialised advisory that offers strategic services and project delivery consultancy for offshore wind, offshore transmission systems and energy island projects, covering the entire project lifecycle from early development, procurement, construction to O&M.

Our services are founded on deep sector knowledge and delivery of contractual and commercial solutions within our core disciplines, development services, supply chain development, category-, procurement- and contract management and advisory.

Headquartered in Copenhagen (DK) and has offices in Melbourne (AUS), Hamburg (DE), Aberdeen (UK), Warsaw (PL), Madrid (ES), Seoul (KR), Taipei (TW), Singapore (SG) and East Coast (US).

1 Global Wind Energy Council, global offshore wind report 2024

*Image source: Changfang and Xidao Offshore Wind Project (CFXD), 589 MW, located off the western coast of Changhua, Taiwan. Photo courtesy of Copenhagen Offshore Partners (COP). JUMBO Consulting Group provided procurement and contract management for COP’s first project in Asia to soon reach COD.