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BW Offshore set to invest in floating offshore wind firm Ideol

BW Offshore says it is in advanced discussions in regards to investing in floating offshore wind solutions firm Ideol.

Headquartered in France, Ideol is a provider of floating foundations for offshore wind with more than a decade of experience. It has installed two full-scale demonstration wind turbines and is currently building up a sizeable pipeline of projects as co-developer in Japan, Europe and the US.

“BW Offshore will update on the discussions and potential transaction regarding Ideol as and when appropriate,” the company said in a release.

Last year another BW subsidiary invested in Swire Pacific Offshore’s wind farm installation subsidiary.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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