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Home » Uncategorized » UK floating newbie launches fundraising round
Offshore Wind

UK floating newbie launches fundraising round

Robin LancasterBy Robin LancasterJuly 12, 20211 Min Read
Iberdrola makes second Japanese offshore investment

UK start-up company FloatWind has launched a fundraising campaign, including raising capital from equity via the Seedrs platform, for its ready-to-float offshore wind turbine product.

FloatWind said the campaign will run over the next few weeks, and pre-registration for the private launch is now open on its website.

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FloatWind chief executive Robert Speht said: “The launch of the campaign marks the beginning of our ambition to revolutionise how offshore wind turbines are deployed.

“It really is the dawn of a new era for renewable energy.”

FloatWind chief business development officer Nele Andersch said: “The FloatWind team is dedicated and ambitious.

“Our disruptive project will make the scalable deployment of floating wind turbines much more cost-effective for developers and reduces end-user’s bills, as well as benefiting communities and governments alike.”

FloatWind said it aims to be supplying the market from the summer of 2023 from supply hubs in UK/Europe, USA and Asia.

The company added that it is currently technology neutral with regard to wind turbine and floating foundation suppliers, but over the course of 2021 it will partner with proven, dependable and bankable turbine manufacturers.

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