Eolus and Simply Blue Group each own 50% of the shares in SeaSapphire through which the partnership will take place.
The JV projects are under development, and a strong focus is being put on supply chain development to provide opportunities for local job creation and exploring possibilities of alternative use of produced energy, the companies explained. If all were to go ahead according to current plans, the projects would produce up to 40 TWh/year helping to address Sweden’s and Finland’s ambition and need to increase green electricity generation.
SeaSapphire, powered by Eolus and Simply Blue Group, consists of four floating wind projects:
- Skidbladner located 100 km southeast of Stockholm;
- Herkules located 60 km southeast of the Island of Gotland;
- An undisclosed project located in the Finnish exclusive economic zone in the Baltic Sea; and
- Wellamo located 90 km outside of the Satakunta region.