Scots floater tie-up forged by BlueFloat and Falck

Falck Renewables joined up with the BlueFloat Energy to collectively bid for seabed leases for the floating ventures in ScotWind offshore wind leasing round of the Crown Estate Scotland. The partnership will merge the proven record of the Falck in the construction of onshore wind ventures in Scotland with the expertise of BlueFloat in the development of WindFloat Atlantic floating wind venture off Portugal’s coast. Carlos Martin, Chief executive of the group, stated that the BlueFloat group could provide “additional insight into the greatest issues and complications of floating wind ventures development, funding and implementation.”

“Bringing Falck Renewables on board with a particular range of talents, abilities and a strong emphasis that they have on community participation brings great faith that we can adapt our experience in Scotland to local specifications,” he added.  Richard Dibley, the managing director of Falck Renewables Wind Ltd (FRWL), stated: “This latest venture will combine our community-focused outlook to building onshore wind facilities with the outstanding track record of providing floating offshore wind facilities from the BlueFloat group. We are looking forward very much to the development of the latest offshore wind ventures that will really favor Scottish communities and producers, provide jobs and economic growth.”

Since the year 2003, FRWL has been operating in the UK. In Scotland, the firm has 10 wind turbines, from Kilbraur situated in Sutherland to the Assel Valley situated in South Ayrshire, and is based in Inverness. The development company said that at its Boyndie Wind facility, it developed the cooperative ownership method to wind farm growth and promotes local investment, with cooperatives holding a share in 7 of its wind farms facilities.

BlueFloat Energy, created by a group of floating offshore wind specialists, has “several of the deepest experience as well as hands-on expertise” of any facilities developer globally in implementing floating offshore wind ventures, the company stated. WindFloat Atlantic, the first floating offshore wind initiative to receive project funding, was successfully built by the team. BlueFloat is supported by 547 Energy, Quantum Energy Partners’ green energy investment platform, a supplier of venture equity funding to the world. 

The first round of the offshore wind leasing to enable the production of up to 10 GW of generating capacity was initiated in June 2020 by Crown Estate Scotland. In the United Kingdom by 2030, it plans to expand its offshore wind potential to 30 GW. Falck Renewables Wind is a division of the Falck Renewables SpA, based in Italy. BlueFloat is sponsored by the 547 Energy LLC, the funding network for green energy, or the Quantum Energy Partners, based in Houston.

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