Mainstream Renewable Power and Aker Offshore Wind buy into Japanese floating project

Wind Industry Profile of

Mainstream Renewable Power and Aker Offshore Wind have closed the transaction, announced in August 2021, which will see them take an initial 50 percent stake in Progression Energy’s 800 MW floating offshore wind project in Japan.

The project is a well-formed early-stage development opportunity, and the site has been identified as ideal for floating wind and in proximity to good grid connections. With the successful closing of the transaction, the parties will now collectively continue to progress the project. As a consortium, the three companies bring together highly complementary capabilities and experience. Aker Offshore Wind, as a part of the Aker group of companies, leverages decades of offshore and floating expertise, whilst Mainstream brings... ... More: Official Press Release Mainstream Renewable Power

Keywords:

Mainstream Renewable Power, Aker Offshore Wind, Japan, offshore, floating, MW, grid connection, stake, Progression Energy