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Aker Offshore Wind and Mainstream Renewable Power Close Transaction for Offshore Wind Development in Japan

OSLO, Norway, March 14, 2022 /PRNewswire/ With reference to the stock exchange notice on 12 August 2021, Aker Offshore Wind and Mainstream Renewable Power ("Mainstream") have closed the transaction which will see them take an initial 50 percent ownership stake in Progression Energy's 800 MW floating offshore wind project in Japan. The project is a well-formed early-stage development.

Aker Offshore Wind and Mainstream Renewable Power Close Transaction for Offshore Wind Development in Japan

Aker Offshore Wind and Mainstream Renewable Power Close Transaction for Offshore Wind Development in Japan

Ocean Winds, Aker Offshore Wind secure second Electric Business License for 1 2 GW floating offshore wind project in Ulsan, South Korea

Korea Floating Wind ("KF Wind"), the joint venture between Ocean Winds (66.7 percent) and Aker Offshore Wind (33.3 percent), has obtained its second Electric Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for a capacity of 450 MW. Obtaining the second EBL represents another key step towards realizing the world's first large

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