Floating wind developer Simply Blue secures £6.4m boost from Octopus Renewables

Michael Holder
clock • 2 min read
Credit: Simply Blue Energy
Image:

Credit: Simply Blue Energy

Octopus Renewables snaps up 12 per cent stake in marine energy firm's holding company

Marine and floating offshore wind energy developer Simply Blue has secured a £6.4m funding boost from two of Octopus Renewables' investment funds, as the green energy investor expands its interests in...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Marine

Government launches £8m 'Smart Shipping' fund

Government launches £8m 'Smart Shipping' fund

Organisations can apply for the Smart Shipping Acceleration Fund to support the use of AI projects that can helpe curb shipping emissions

clock 26 April 2024 • 2 min read
Time to steer an electric future for marine transport

Time to steer an electric future for marine transport

The electrification of the maritime sector is an overlooked component of the net zero transition, argues Danfoss' Mika Kulju

Mika Kulju, Danfoss
clock 16 April 2024 • 6 min read
 Candela secures €24.5m investment to ramp up 'game-changing' electric ferry production

Candela secures €24.5m investment to ramp up 'game-changing' electric ferry production

Green shipping technology firm claims its battery-powered hydrofoil vessels use 80 per cent less energy than conventional ferries

clock 20 March 2024 • 2 min read