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.
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.
Accelerating the global deployment of offshore wind as a key enabler for the energy transition and economic growth