BW Offshore to invest €60m in Ideol.

BW Offshore, a global owner and operator of floating production storage and offloading vessels, agreed to invest €60m in Ideol, a provider of floating offshore wind technology. "We see solid opportunities for developing offshore power production solutions to drive energy transition at global scale. We are combining our four decades of offshore development, financing and operational experience with Ideol’s proven floating offshore wind technology and expertise. Together we are creating a champion in this emerging market with significant long-term growth and value creation potential," Marco Beenen, BW Offshore CEO.