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Fieldfisher advises Irish floating wind pioneer Simply Blue on investment deal with Octopus Renewables fieldfisher.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fieldfisher.com Daily Mail and Mail on Sunday newspapers.
Shell New Energies is to acquire a 51% stake in Simply Blue Energy s Kinsale floating wind venture.
Kinsale was set up to develop the Emerald project, a floating wind farm in the Celtic Sea, off the south coast of Ireland.
The new JV will be operated by Simply Blue Energy supported by Shell floating wind experts, with the project office based in the Cork City Docklands rejuvenation area.
The partnership combines Simply Blue s track-record in developing floating wind projects and local knowledge of the Celtic Sea environment with Shell’s offshore experience, floating wind expertise and ability to develop large complex projects.