Wednesday, February 1 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Jan 30
Week of Jan 23
Week of Jan 16
Week of Jan 09
Week of Jan 02
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Eolus Vind and Simply Blue Form Joint Venture

    December 2, 2022 - Marketline - Deals


      Deal In Brief

      Eolus and Simply Blue Group have agreed to co-develop floating offshore wind in The Baltic Sea. The joint venture named SeaSapphire is commencing the development of four commercial scale floating offshore wind parks in The Baltic Sea –two projects in Sweden and two in Finland. Eolus and Simply Blue Group each own 50% of the shares in SeaSapphire through which the partnership will take place

      The joint venture projects are under development, and a strong focus is being put on supply chain development to provide opportunities for local job creation and exploring possibilities of alternative use of produced energy. If all were to go ahead according to current plans, the projects would produce up to 40TWh/year helping to address Sweden’s and Finland’s ambition and need to increase green electricity generation

      SeaSapphire, powered by Eolus and Simply Blue Group consists of four floating wind projects: (A) Skidbladner – located 100 km southeast of Stockholm; (B) Herkules – located 60 km southeast of The Island of Gotland; (C) Un-disclosed – located in Finnish exclusive economic zone in the Baltic Sea; (D) Wellamo –located 90 km outside Satakunta Region.

      Deal Type Partnership
      Sub-Category Joint Venture
      Deal Status Completed: 2022-11-30

      Deal Participants

      Partner 1 (Company) Simply Blue Group
      Partner 2 (Company) Eolus Vind AB

      Deal Rationale

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.