BlueFloat Energy is a nimble and fast-growing offshore wind developer shaping the global energy transformation by bringing scaled decarbonization solutions to new markets. Leveraging our team’s extensive knowledge and hands-on experience in both bottom-fixed and floating offshore wind project development and execution, we are at the forefront of the emerging global market for offshore wind.
Harnessing the world’s abundant offshore wind resources, we invest in new projects from early-stage development through to Final Investment Decision and beyond. With a vision of accelerating the global deployment of offshore wind as a key enabler for the energy transition and economic growth, BlueFloat Energy is developing offshore wind energy projects in multiple geographies, where we always operate following the highest ethical standards. Our Code of Ethics sets the corporate governance principles and values that guide our professionals when conducting their actions.
Our remarkable growth, including multiple project announcements across the globe, has positioned us as a market leader and expert player in the offshore wind industry. With a focus on floating wind technologies, our portfolio of both bottom-fixed and floating projects comprises 32.4 GW of planned capacity in ten countries across the globe, and we are constantly looking to derisk these projects and expand into previously untapped markets.
LOCATION: Between Nijar and Carboneras, Spain
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 300 MW
PARTNERS: SENER
LOCATION: Between Cedeira and Carino, Spain
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 525 MW + 675 MW
PARTNERS: SENER
LOCATION: Lecce, Italy
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 1.3 GW
PARTNER: Falck Renewables
LOCATION: Puglia, Italy
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 2 GW
PARTNER: Falck Renewables
LOCATION: Calabria, Italy
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 675 MW
PARTNER: Falck Renewables
LOCATION: Cagliari, Italy
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 795 MW
PARTNER: Falck Renewables
LOCATION: Cagliari, Italy
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 600 MW
PARTNER: Falck Renewables
LOCATION: Catalunya, Spain
PROJECT TYPE: Offshore Wind
PROJECT SIZE: 500 MW
PARTNER: SENER
LOCATION: New South Wales, Australia
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 1.4 GW
PARTNER: Energy Estate
LOCATION: New South Wales, Australia
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 1.6 GW
PARTNERS: Energy Estate
LOCATION: Victoria, Australia
PROJECT TYPE: Bottom-fixed Offshore Wind
PROJECT SIZE: 1.3 GW
PARTNERS: Energy Estate
LOCATION: Between Nijar and Carboneras, Spain
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 300 MW
PARTNERS: SENER
LOCATION: Brittany, France
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 250 MW
PARTNERS: Vattenfall, wpd
LOCATION: Devon, England
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 300 MW
PARTNERS: Falck Renewables
LOCATION: Fraserburgh, Scotland
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 1.2 GW
PARTNERS: Falck Renewables
LOCATION: Aberdeen, Scotland
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 500 MW
PARTNERS: Falck Renewables
LOCATION: Caithness, Scotland
PROJECT TYPE: Floating Offshore Wind
PROJECT SIZE: 1 GW
PARTNERS: Falck Renewables, Orsted
In early 2022, BlueFloat Energy and its partners secured three seabed leases (for a total capacity of up to 3 GW) in the Scotwind leasing round, the world’s largest commercial round for floating offshore wind. Additionally, in 2023, the BlueFloat Energy and Renantis Partnership in the UK has signed seabed exclusivity rights to develop two 99 MW projects under the innovation arm of Crown Estate Scotland´s INTOG auction process. Our Scotwind success is the result of a sound strategy based on three pillars: one of the strongest development teams in the floating wind market, reputed local partners that complement our skills with strong experience in local development, and a global perspective. Our five projects are a breaking new ground in putting large-scale floating wind technology on the map while furthering Scotland’s target to reach net zero emissions by 2045. Beyond Scotland, we are developing two floating wind projects of 1 GW in Wales and South – West England.
In France, our consortium with Skyborn Renewables and Vattenfall is prequalified for the 5th offshore wind tender off the coast of southern Brittany. With a targeted capacity of 250 MW, this project will be the first commercial-scale floating wind farm in France, representing a major step in achieving France’s target of deploying 10 GW of offshore wind capacity by 2030. Reinforcing our commitment to enhancing offshore wind deployment in the French market, our consortium with Sumitomo Corporation and Akuo has prequalified for the 6th offshore wind tender off the French Mediterranean coast (AO6); the two projects, with 250MW of planned capacity each, represent a unique opportunity to achieve France’s recently announced 40GW target of offshore wind power by 2050.
We have pioneered floating offshore wind in Spain where we have been working with Sener since nearly 3 years engaging with local stakeholders, undertaking technical studies and championing a fit-for-purpose regulatory framework. In Italy, we have developed with Renantis the largest and most advanced project pipeline in the country, with 6 projects across 3 regions – totalling 5.6 GW- that have secured sire control and grid connection solution.
We were early movers in Australia, New Zealand and Colombia, demonstrating our commitment to take a leading and proactive role in developing new markets for the global offshore wind industry.
In 2023 we announced our market entry in Portugal with Greenvolt and in the Phillippines. Starting in early-stage development, we prioritize stakeholder engagement to ensure the economic, environmental, and social sustainability of our projects.
Through our engineers who bring an unparalleled experience in floating platform design, we have honed a comprehensive and sophisticated site-specific technology selection process that guarantees a higher potential for success.
We have extensive knowledge, based on first-hand experience, of the complexities of platform-turbine interaction, a mission-critical item that maximizes project production and value.
We design supply chain plans for floating offshore wind projects, which, combined with fabrication and O&M, anchor our insight into the trade-offs between cost, risk, and local content.
We perform comprehensive site characterization to thoroughly understand site conditions, including gathering intel on significant yet often overlooked issues, which improves serviceability, performance, and project economics.
We have a strong investment acumen and a good understanding of the key aspects that are critical for securing bank financing for floating offshore wind projects, and we prioritize these aspects throughout all phases of offshore wind project development.
We strategically align with our local partners to ensure a transparent approach to project development with an early and open engagement with key stakeholders, including local communities, townhalls, associations, NGOs, tourist industry and fishermen.
BlueFloat Energy’s main shareholder is US-based 547 Energy. 547 Energy invests in and partners with innovative companies and development platforms around the globe that focus on cleantech, renewable power, energy efficiency, grid resilience or the digitalization of the energy sector.
547 Energy is backed by Quantum Energy Partners, a leading provider of capital to the global energy industry, with more than $17 billion in assets under management.
Shaping the global energy transformation through the deployment of floating wind
