Octopus pumps further €25m into floating wind venture

James Murray
clock • 1 min read
Credit: Simply Blue Group
Image:

Credit: Simply Blue Group

Simply Blue Group welcomes latest funding round, as it looks to accelerate plans to deliver wave of floating wind farm projects

Octopus Energy Generation has further strengthened its presence in the nascent floating offshore wind sector, yesterday confirming a fresh €25m investment in Ireland-based Simply Blue Group. Octopus...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James Murray
Author spotlight

James Murray

View profile
More from James Murray

A third of Britons fear extreme heat will slash the value of their homes

Nearly five million properties across Europe to face heightened wildfire risk by 2050

More on Wind

ScottishPower unveils plan to double capacity of iconic Whitelee wind farm
Wind

ScottishPower unveils plan to double capacity of iconic Whitelee wind farm

Energy giant announces plan to repower famous wind farm near Glasgow, as Centrica confirms life extension for two nuclear power plants

James Murray
James Murray
clock 23 July 2026 • 3 min read
Scottish Government greenlights 2GW Moray Firth offshore wind projects
Wind

Scottish Government greenlights 2GW Moray Firth offshore wind projects

North and South Caledonia projects combining fixed bottom and floating wind turbines expected to start construction in 2030 subject to securing Contracts for Difference

Michael Holder
Michael Holder
clock 17 July 2026 • 2 min read
Good Energy inks its 'largest ever' offshore wind PPA deal with Ørsted
Wind

Good Energy inks its 'largest ever' offshore wind PPA deal with Ørsted

Agreement will deliver 400GWh of renewable electricity over two years - enough to power 74,000 UK homes a year

Amber Rolt
clock 15 July 2026 • 2 min read