Kansai takes stake in Odfjell Oceanwind

Japanese utility Kansai Electric Power has become a shareholder in floating offshore wind system developer Odfjell Oceanwind via a private placement.
Related To: 
March 21, 2024
Courtesy Source Galileo Norge
Utsira Nord is an offshore wind energy development project offshore Norway.
Utsira Nord is an offshore wind energy development project offshore Norway.

Offshore staff

KOKSTAD, Norway — Japanese utility Kansai Electric Power has become a shareholder in floating offshore wind system developer Odfjell Oceanwind (OOW) via a private placement.

Kansai has an annual production capacity of more than 85 TWh/year, with electricity production from nuclear, coal, natural gas, hydro power, wind and solar power plants.

The company, a partner in OOW’s GoliatVIND and UtsiraVIND developments, is now also the third largest shareholder in OOW after the Odfjell family and Japanese shipping group Mitsui O.S.K. Lines.

03.21.2024

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