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Ocean Winds sells minority stake in French offshore wind farm

Development is presently in its last levels, with first energy generated in June 2025. Greater than two-thirds of the generators have now been put in and are supplying electrical energy.

Following this transaction, the revised shareholder construction sees Ocean Winds retaining 40 per cent. The remaining stakes are held by Sumitomo (29.5 per cent), Allianz (20.25 per cent), Banque des Territoires (9.75 per cent), and Vendée Energie (0.5 per cent). Ocean Winds is a 50/50 three way partnership between EDP Renováveis and Engie.


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Ryan

Ryan O'Neill is a maritime enthusiast and writer who has a passion for studying and writing about ships and the maritime industry in general. With a deep passion for the sea and all things nautical, Ryan has a plan to unite maritime professionals to share their knowledge and truly connect Sea 2 Shore.

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