Kerogen converts interest into BW Ideol listing

March 12, 2021
Kerogen Capital, Ideol SA, and BW Offshore have created BW Ideol, a new platform focused on floating offshore wind.

Offshore staff

LONDON – Kerogen Capital, Ideol SA, and BW Offshore have created BW Ideol, a new platform focused on floating offshore wind.

Since Kerogen’s investment in 2018, Ideol has demonstrated its cost-effective floating offshore wind solution in full-scale projects in France and Japan, forged multiple creative strategic partnerships, expanded its presence internationally, and developed a pipeline of commercial-scale floating offshore wind projects.

Jason Cheng, CEO and Managing Partner of Kerogen Capital, said: “We believe Ideol’s proven and cost-effective technology, combined with BWO’s decades of experience operating large floating structures across the globe, will be a key enabler to unlock utility-scale offshore wind.

“The platform removes water depth constraints and has the potential to meaningfully contribute to the energy transition. We have been thrilled to partner with the Ideol team over the past years and pleased to have BW Offshore join forces with Ideol to build a strong floating offshore wind platform.”

03/12/2021