A joint venture between Italian companies New Developments and GR Value has initiated two floating wind developments off Italy, totalling 2GW.
Elymo is a 1020MW floating offshore wind farm comprising 68 wind turbines in the Strait of Sicily, while Apeneste is a 915MW floating offshore wind farm with 61 wind turbines in the southern Adriatic Sea.
Both projects are located within Italy’s maritime exclusive economic zone.
Watson Farley & Williams has advised the New Developments on its joint venture with GR Value.
The two projects are now undergoing a preliminary environmental assessment by the Italian Ministry of Ecological Transition (MiTe) and relevant harbour master’s offices.
New Developments is an Italian engineering company active in the renewable energy sector, while Milan-based GR Value specialises in the development, construction, operation and management of renewable energy generation projects.
The WFW Italy Energy team also helped New Developments prepare its scoping applications submitted to MiTe’s technical commission under the Integrated National Plan for Energy and Climate.
A team from Macchi di Cellere advised GR Value.


