Macquarie’s Corio, Vårgrøn and Å Energi launch Norwegian offshore wind unit
Corio Generation, an offshore wind portfolio company of Macquarie’s Green Investment Group (GIG), together with Norwegian renewable energy developers Vårgrønn and Å Energi launched a new brand dedicated to developing offshore wind in Norway.
Brigg Vind, which pays homage to the strong maritime tradition and expertise of Norway, has been set up by the trio which first teamed up in 2021 to take part in the first Norwegian offshore wind tenders expected to open later this month.
Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, is Norway’s largest pure-play offshore wind company, and the project manager for the Brigg Vind consortium. Å Energi is one of Norway’s leading renewable companies.
The consortium will initially target awards for fixed offshore wind in the Sørlige Nordsjø II area, in the Southern part of the North Sea. The Norwegian government has previously stated it plans to award up to 1500 MW of capacity in the first phase by the end of 2023. The Norwegian government has set a target to award areas equivalent to 30 GW of offshore wind capacity by 2040, with the ambition for Norwegian companies to capture 10% of the global offshore wind supply market by 2030.
By 2050, according to research commissioned by the Brigg Vind partners, Norway’s potential for commercial offshore wind capacity could exceed 50 GW by 2050, potentially creating more than 55,000 new offshore wind jobs in Norway.
