Octopus Renewables buys into floating offshore wind developer Simply Blue Group

Octopus Renewables has invested €15 million in floating wind developer, Simply Blue Group.

It marks Octopus’ entry into the floating offshore wind sector.

Simply Blue Group has a pipeline of more than 9GW of floating offshore wind capacity, most of which is planned for sites in UK and Irish waters.

This includes projects in the public domain – 300MW Emerald Emerald (300MW) Offshoreoff Kinsale, County Cork, Ireland, Europe Click to see full details, 300MW Valorous Valorous (300MW) Offshoreoff Pembrokeshire, Wales, UK, Europe Click to see full details, 96MW Erebus Erebus (96MW) Offshoreoff Pembroke Dock, Wales, UK, Europe Click to see full details, 200MW Salamander Salamander (200MW) Offshoreoff Peterhead, Scotland, UK, Europe Click to see full details and 1100MW Western Star Wind Western Star Wind (1100MW) Offshoreoff County Clare, Ireland, Europe Click to see full details – alongside others that have yet to be announced, a Simply Blue Group spokesman told Windpower Monthly. It has already teamed-up with Shell and TotalEnergies on project development. 

Octopus Renewables’ portfolio of assets, meanwhile, amounts to more than 2.8GW of capacity.