The joint venture created in 2019 by ENGIE and EDPr now has a name: Ocean Winds.
Based in Madrid, Ocean Winds was born from ENGIE's and EDPr's desire to become a global leader in offshore wind. It will manage the development and operation of both companies' fixed and floating offshore wind assets, starting with a total of 1.5 GW under construction and 4 GW under development. The new company has set itself the target of having 5 to 7 GW of assets in operation or under construction, and 5 to 10 GW under advanced development by 2025.
OW already has more than 200 employees as of its launch: 15 different nationalities are represented and nearly a third of them are women.