BW Ideol AS

05/05/2022 | Press release | Distributed by Public on 05/05/2022 08:31

BW Ideol: EolMed partnership makes FID for 30MW French floating wind farm

BW Ideol: EolMed partnership makes FID for 30MW French floating wind farm

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05 May 2022 16:20 CEST

Company Name

BW IDEOL AS

ISN

NO0010947385

Market

Euronext Growth

Symbol

BWIDL

The EolMed partnership, comprising Qair, TotalEnergies and BW Ideol, has made
the final investment decision (FID) for its 30MW offshore floating wind
development.

More details will be released on Monday, May 9.

About BW Ideol:
BW Ideol is a leading fully integrated platform in floating offshore wind with
more than 10 years of experience from design, execution and development of
floating wind projects based on Ideol S.A.'s patented floating offshore wind
technology and engineering capabilities. The company has a dual-leg growth
strategy as a floater EPCI and maintenance services provider and as a wind-farm
project developer and co-owner. BW Ideol has two full-scale offshore floating
wind turbines in operation in France and Japan, a significant project pipeline
including 1GW under development in Scotland, and is supported by BW Offshore's
extensive experience from developing and operating offshore energy production
systems.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

More information:
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Source

BW Ideol AS

Provider

Oslo Børs Newspoint