Floating wind pioneer Hexicon sells stake in gigascale Korea project to mystery 'energy major'

Floating wind pioneer Hexicon has inked a deal with a mystery ‘major energy company’ for its stake in the giant 1.2GW Yeonggwang project off South Korea.

Through the agreement, Hexicon Korea, joint venture with Coens Co, will sell its 40% share of the giant development for an “undisclosed amount” to the unnamed buyer, which will assume full control and financial ownership of the project.