Ocean Winds has signed an Agreement for Lease with The Crown Estate for a floating offshore wind project site in the Celtic Sea.
Ocean Winds said the site is the third to be leased through Round 5 following the announcement of its preferred supplier status in November 2025.
The company added that the project could be delivered in phases up to a total capacity of 1.5GW over the next decade and will join its UK development pipeline.
Ocean Winds is a 50-50 joint venture between EDPR and ENGIE and describes itself as a global leader in floating technology with a track record of project delivery and operation in the UK and worldwide.
Adam Morrison, UK country manager at Ocean Winds, said: “Signing the Agreement for Lease for the Celtic Sea site demonstrates our commitment to the development of commercial scale floating offshore wind in the UK. Over the coming years we will begin early-stage development work, engaging with local stakeholders to identify opportunities to deliver lasting benefits to our local communities whilst supporting the UK’s energy security and net zero objectives.”
Julia Rose, head of offshore wind at The Crown Estate, added: “Round 5 is such an exciting opportunity to establish an innovative new technology at commercial scale in the UK, supporting many new jobs whilst also contributing to our national energy security and clean energy transition.
“Ocean Winds entering into an agreement for lease for their site in the Celtic Sea is a significant moment and testament to the attractiveness of the UK’s world-leading offshore wind sector. We’re delighted they have achieved this milestone and look forward to working closely with them as they begin their development stage.”