Subsea 7 announces floating wind joint venture
Luxembourg – 29 March 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that it has entered into a joint venture with Simply Blue Energy, the Cork-based marine developer, to further develop its Salamander floating wind farm concept, off the north east coast of Scotland.
Salamander is a pre-commercial project of up to 200MW that will combine Simply Blue Energy’s experience in floating wind developments in the Celtic Sea, with Subsea 7’s expertise in delivering offshore energy projects in Scotland. As the concept matures, it is anticipated that a strategic investor will be sought to support the execution of the project.
John Evans, Chief Executive Officer, Subsea 7 commented: “Subsea 7 believes that floating wind has an important role to play in the energy transition and a low carbon future. We look forward to working with Simply Blue Energy on this exciting project.”
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Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry. We create sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.
Subsea 7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.
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