Using the world’s infinite offshore wind resource, we invest in new projects from early stage development through to Final Investment Decision and beyond. Leveraging our unique experience in floating offshore wind, we form strategic alliances with local developers to support and accelerate new opportunities to create ready-to-build, bankable offshore wind projects.
Members of our team led the development and construction of the WindFloat Atlantic project from concept to Final Investment Decision to commissioning. This 25 megawatt (MW) floating offshore wind project in Portugal marked a turning point in the offshore wind industry as it was the first floating offshore wind project to secure bank financing. With 3 x MVOW’s 8.4 MW turbines, the WindFloat Atlantic project was the world’s first semi-submersible floating wind project and continental Europe’s first floating wind project.
Photo courtesy of Principle Power. Artist name: Dock90.