08/13/2021

Mainstream and Aker Offshore Wind preferred bidder for Japanese floating project

Image: Mainstream Renewable Power

Aker Offshore Wind and Mainstream Renewable Power have together been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project.

Official Press Release Mainstream Renewable Power:

Mainstream and Aker Offshore Wind preferred bid for Japan project stake

Wind Industry Profile of

Aker Offshore Wind and global wind and solar company, Mainstream Renewable Power have together been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project in Japan.

The project is a well-formed early-stage development asset. The two companies will now enter into exclusive negotiations with Progression Energy with a view to establishing a Special Purpose Vehicle (SPV) in the coming weeks, to continue collectively developing the project. As a consortium, the three companies bring together unique capabilities and experience through Aker Offshore Wind’s offshore and floating expertise, Mainstream’s global leadership position in offshore wind development and Progression... ... More: Official Press Release Mainstream Renewable Power