Financing

BW Offshore signed on the 17th of February 2021 a share purchase agreement to become a strategic owner of Ideol S.A., creating a renewable energy company with market-leading capabilities based on in-house developed and proven technology, supported by BW Offshore’s extensive experience from development and operation of offshore energy production systems.

Ideol S.A. has become a wholly owned subsidiary of a new entity named BW Ideol, as a globally leading fully integrated developer of large-scale floating offshore wind projects.

The BW Ideol company is listed on the Oslo Stock Exchange since March 18, 2021. 

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BW Ideol ADEME

BW Ideol and ADEME Investissement completes first financial closing for joint offshore floating wind development company

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Floatgen BW Ideol ADEME Invest

BW Ideol and ADEME Investissement create a joint offshore floating wind development company

BW Ideol, a global leader in offshore floating wind, and ADEME Investissement, a state-owned French financier of innovative infrastructure projects, have today entered into a final agreement for a EUR 40 million funding by ADEME Investissement of BW Ideol's project development activities.

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Iberian Peninsula

BW Ideol teams up with Elawan Energy for multi-GW floating offshore wind projects in the Iberian Peninsula

BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further negotiation of the final agreement between the Parties.

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