Ocean Winds (OW) is the result of a joint venture announced in 2019 and controlled in equal parts by EDP Renováveis and ENGIE.
The new company, headquartered in Madrid, will act as the exclusive investment vehicle of both companies to capture offshore wind energy opportunities worldwide, floating and fixed.
Spyros Martinis, CEO of OW, explained to OER: “OW has been created with the intention of combining the experience and knowledge of two companies with a successful track record in the generation of renewable energy under one single firm, in order to take a leading position in the marine wind sector. We share a vision for the key role of renewables in general, and offshore in particular, in the new energy model. The creation of a company combining the experience and resources of both will give us the chance to lead a sector in this increasingly real and necessary transition.”
Grzegorz Gorski, COO of OW, added: “We are continuously monitoring the evolution and regulation of multiple countries. We are seeking not just to grow in the markets where we are already present, but also to explore opportunities to add value in new countries.”
OW has over 200 employees and expects to reach 300 towards the end of the year. This remarkable human team will represent over fifteen different nationalities, including highly qualified staff, almost a third of them women and 99% with fixed employment contracts.