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

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.

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.