Announced
Financials
Sources
Tags
Cross Border
Renewable Energy Equipment
Minority
Private Equity
Norway
Pending
Friendly
offshore wind farm
Acquisition
Private
Single Bidder
Synopsis
ADEME Investissement, a private equity firm, agreed to invest €40m in BW Ideol Project, an offshore floating wind development company. BW Ideol retains full ownership of its other business activities and assets, including technology and related IP and know-how portfolio, the floater EPCI business line and the exclusivity with the Port of Ardersier in Scotland for a floater production line, the Floatgen demonstrator, and the ownership in the EolMed offshore floating wind farm pilot. BW Ideol will also retain all its teams, including engineering, business development, project execution, supply chain, legal, innovation, finance.
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