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BWIdeol

BW Offshore invests in Ideol creating floating offshore wind champion

Transaction highlights:

- BW Offshore to invest EUR 60 million in Ideol S.A., creating BW Ideol, a global integrated floating offshore wind company with proven technology and market-leading capabilities
- BW Offshore expects to own ~50% of BW Ideol post a contemplated capital raise and listing as a separate company on Euronext Growth
- Targeting completion of the private placement and listing by end-March with BW Offshore as an anchor investor and industrial partner
- BW Offshore’s experience in developing and operating offshore production systems and capital markets access is highly complementary to Ideol’s floating offshore wind IP and expertise
- Creating a strong platform for a floating offshore wind business with accelerated growth potential as a technology and EPC provider, and developer and operator of wind power projects

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floating offshore wind

Floatgen breaks new records in 2020

Floatgen, the 2 MW floating wind turbine, installed at the Sem-Rev test site (off Le Croisic), produced 14% more power in 2020 than in 2019, reaching an annual total of 6.8 GWh.

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Port of Cromarty Firth

Port of Cromarty Firth agrees to partnership with global leader in floating offshore wind

Port of Cromarty Firth has signed a Letter of Intent with IDEOL, a global leader in floating foundations for offshore wind, which could create well in excess of five hundred new Scottish construction jobs.

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Ideol and Bygging Uddemann

French and swedish team up to optimize serial production of concrete floaters

Ideol and Bygging Uddemann (BYUM) combine their world leading and fully complementary knowhows and signed a formal collaboration agreement aiming at further guaranteeing the on-time and on-budget delivery of Ideol’s concrete floaters for offshore wind, building on existing and proven construction methods.

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Eolmed pilot projet floating wind farm

MHI Vestas and Total, new partners of IDEOL on EOLMED project

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