Brief: Ocean Winds JV Signs Agreement for Lease for Celtic Sea Site

Edp Renewables SA

04/03/2026 07:41

March 4 (Reuters) - Ocean Winds:

OCEAN WINDS (OW), 50-50 JOINT VENTURE BETWEEN EDPR AND ENGIE, SAID ON TUESDAY, IT HAS SIGNED AN AGREEMENT FOR LEASE WITH CROWN ESTATE FOR A FLOATING OFFSHORE WIND PROJECT SITE IN CELTIC SEA

THE SITE IS THE THIRD TO BE LEASED THROUGH ROUND 5, FOLLOWING THE ANNOUNCEMENT OF OW’S PREFERRED SUPPLIER STATUS IN NOVEMBER 2025

PROJECT WILL JOIN OW'S DEVELOPMENT PIPELINE IN THE UK AND COULD BE DELIVERED IN PHASES UP TO A TOTAL CAPACITY OF 1.5 GW OVER NEXT DECADE

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