Ocean Winds to rival Orsted as Engie and EDPR unveil new offshore giant

Energy giants EDPR and Engie took the wraps off Ocean Winds as the identity for their new offshore wind joint venture, with ambitions to rival market-leader Orsted.

Ocean Winds will combine the offshore wind assets of Portugal’s EDPR and France’s Engie as they cemented a partnership first trailed by the two in early 2019.

Based in Madrid, the new business will be the exclusive investment vehicle for the fixed-bottom and floating wind ambitions of both companies.