Eneos Renewable Energy Acquires 20% Stake in Norwegian Floating Offshore Wind Farm

Credit: Odfjell Oceanwind

Japan's Renewable Energy Corp (ERE) has secured a 20% stake in the 75-MW GoliatVIND floating wind farm, located on the border of the Norwegian Sea and the Barents Sea. The makes ERE the second Japanese investor in the project, with the stake being sold by Norwegian offshore wind specialist Odfjell Oceanwind.

Following this transaction, the ownership of the GoliatVIND project is divided between Norge, holding 40%, and Odfjell Oceanwind and Kansai Electric Power, each retaining 20%.

GoliatVIND is a demonstration project for floating offshore wind turbines positioned at depths of 300 to 400 meters. The site will feature five 15-MW turbines, placed 5 to 11 kilometers from the Goliat platform. The project has secured a grid connection through the Goliat FPSO to the Hammerfest region and has onshore grid reservations with Statnett and Lucerna.

Using Odfjell Oceanwind's Deepsea Star semisubmersible foundation technology, the wind farm is projected to generate 320 GWh of clean energy annually. Commissioning is expected by 2028, pending regulatory approvals by the Ministry of Oil and Energy.

The project has already secured NOK 2 billion in from Norway's ENOVA SF to support its development. ERE, a subsidiary of ENEOS Holdings, focuses on renewable energy projects across various sectors, including solar, wind, biomass, and hydropower.

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