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Home » News » Wind Energy » Ocean Winds Expands Stake in Floating Wind Platform Developer Principle Power
Wind Energy

Ocean Winds Expands Stake in Floating Wind Platform Developer Principle Power

By John GarciaMay 25, 20232 Mins Read
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Credit: Principle Power
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Ocean Winds, the offshore wind joint venture between EDP Renewables and Engie, has reached an agreement with EDP Group to acquire its position in Principle Power, a leading developer of floating wind platforms. By purchasing EDP's 25.4% stake, Ocean Winds aims to strengthen its competitive advantage in the development of floating wind projects. With this

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