Clean energy investment house Octopus Renewables has taken a 24% stake in Irish developer Simply Blue to spur ahead plans for a 9GW pipeline of floating wind projects off the UK and in wider international waters.

The €15m ($17.6m) capital injection being made via the Octopus Renewables Infrastructure Trust is seen as an “enabler” to Simply Blue’s lead-off projects, which include the 1GW Emerald floating wind array being developed with Shell off Ireland, the giga-scale Blue