BlueFloat Energy | Renantis Partnership Signs Exclusivity Agreements to Develop Its Sinclair and Scaraben ‘INTOG’ Projects

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The BlueFloat Energy and Renantis Partnership has signed exclusivity agreements with Crown Estate Scotland to develop its Sinclair and Scaraben innovation projects following successful bidding in the recent INTOG (Innovation and Targeted Oil & Gas) leasing round, which aims to attract investment in innovative offshore wind projects in Scottish waters, as well as help decarbonise North Sea operations.

The two 99.5 MW floating offshore windfarms will now be developed as part of a phased delivery of the Partnership’s Broadshore project, located 47 km north of Fraserburgh.

Sinclair and Scaraben will explore innovative foundation technologies, associated fabrication works and mooring systems with a view to maximising opportunities for the Scottish supply chain, driving local investment and job creation.

A key element of the bid proposals is the opportunity to test and adapt a community ownership model, governed independently, and directed by the communities in which the schemes will operate. The model could create a blueprint, shaping the future of community benefit from floating offshore wind projects throughout the whole of Scotland. This builds on Renantis’ successful track record of deploying similar schemes for a number of its onshore wind farms in Scotland.

Project Director, David Robertson, said:

Securing exclusivity to develop close to 200 MW of floating offshore wind provides our Partnership with a fantastic opportunity to trial and de-risk new technology in this emerging market. We are also exploring a fresh approach to community ownership of offshore wind projects, ensuring as many people as possible can benefit from the energy transition in Scotland.

The Partnership’s INTOG bid success builds on its existing 3.1 GW portfolio of ScotWind projects comprising the 1.2 GW Bellrock project and 900 MW Broadshore project. The partners are also developing the 1 GW Stromar project in collaboration with Ørsted.

In the Celtic Sea, the Partnership is preparing to enter two 1 GW projects, Petroc and Llywelyn into the upcoming seabed auction by The Crown Estate.

Suppliers and businesses interested in working with the partnership can register their interest via the Broadshore supply chain portal www.broadshorewind.co.uk/supply-chain

ENDS

Notes to Editors

Press contact:

Kenny Craig | Head of Communications | T +44 7751 733738 | kenny.craig@renantis.com

About Renantis:

Renantis exists to build a better future for all by powering people’s everyday lives with care. It develops, designs, constructs and operates onshore wind farms, solar PV plants, floating offshore wind farms and energy storage facilities globally.

Headquartered in Italy, Renantis has delivered renewable energy since 2002. The company’s plants span the United Kingdom, Italy, United States, Spain, France, Norway and Sweden, with a total capacity of 1,420 MW in operation.

Sustainability is part of Renantis’ DNA, creating shared value for all stakeholders, safeguarding, and enhancing the environment in which they operate and building relationships with communities.

As responsible pioneers in the renewable energy sector, Renantis has a strong track record of providing specialised services and expertise at all stages of the value chain. From production to consumption, they provide technical advisory, asset management and energy management services to clients and these activities span 40 countries.

www.renantis.com and connect with us on LinkedIn and Twitter (@Renantis).

About BlueFloat Energy:

BlueFloat Energy is developing offshore wind projects in various regions of the world, where it can implement its vision: to accelerate global deployment of offshore wind as a key enabler for the energy transition and economic growth. Founded by renewable energy professionals, BlueFloat Energy brings together a remarkable team expertise in the design, development, financing, construction and delivery of offshore wind projects.

BlueFloat Energy is supported by 547 Energy, the Quantum Energy Partners’ platform dedicated to clean energy investments. 547 Energy aims to partner with innovative companies who drive the growth of the green energy economy. Quantum Energy Partners is one of the world’s leading dedicated energy investment funds, with a portfolio of over $17 billion of assets under management since its inception in 1998.

www.bluefloat.com

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