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

More on Wind

RWE and Thames Water ink five-year onshore wind farm deal

RWE and Thames Water ink five-year onshore wind farm deal

RWE to supply 132GWh of clean electricity to Thames Water each year through to 2030, covering up to 15 per cent of utility's essential services

Stuart Stone
clock 19 December 2025 • 2 min read
Five Estuaries: Government green lights 300MW North Sea offshore wind project

Five Estuaries: Government green lights 300MW North Sea offshore wind project

Plans to add 79 turbines to existing Galloper Wind Farm off the Suffolk coast approved by DESNZ

Stuart Stone
clock 18 December 2025 • 2 min read
Defra aims to unlock 19GW of offshore wind through new Marine Recovery Fund

Defra aims to unlock 19GW of offshore wind through new Marine Recovery Fund

Government claims new fund can both support nature recovery efforts and speed up the approval process for offshore wind farms

Michael Holder
clock 17 December 2025 • 4 min read