BW Ideol signs investment agreement for offshore floating wind projects

6 January 2022

BW Ideol signs investment agreement for offshore floating wind projects

BW Ideol, who develop floating wind projects, has signed an investment agreement with Japanese utility firm Jera and French company ADEME Investissement.

The agreement seeks to create an investment company to finance the co-development of offshore wind projects over the next five years.

The projects will be developed with BW Ideol’s damping pool technology using funds provided by the investment for the future program.

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