Floventis Energy

The Crown Estate announces intent to grant seabed rights to Floventis for floating wind project offshore UK, subject to HRA

Floventis Energy is pleased to announce that The Crown Estate has confirmed an intention to move forward with the lease process for two 100MW floating wind test and demonstration sites in the Celtic Sea to Llŷr Floating Wind Limited. The formal award will be subject to an Habitats Regulations Assessment (HRA), following which, the Llŷr project will progress with environmental assessments and surveys in line with the regulatory consent processes.

This milestone was reached by Floventis Energy Limited, a newly established joint venture between SBM Offshore and Cierco Ltd. focusing on the development of floating wind projects. The joint venture seeks to secure seabed rights and relevant permits before implementing state-of-the-art technologies for floating offshore wind activities, helping to stimulate infrastructure investment, reduce costs and develop supply chain in what will be one of the key UK markets for floating offshore wind.

Severine Baudic, SBM Offshore New Energies and Services Managing Director, commented “We are very proud of this first key milestone achieved with Cierco through our joint venture Floventis Energy. Our partnership will benefit from the combined expertise of Cierco in project development and SBM Offshore in floating offshore projects. Together, we have the ambition to stimulate and accelerate the floating wind market while building track-record and local presence.”

Mikael Jakobsson, Chairman of Cierco Ltd, added “We are very pleased to reach this first milestone for Floventis Energy, which materializes the strong partnership we established with SBM Offshore with the objective to develop competitive and sustainable floating wind projects.”

About HRA Process

The projects will be subject to plan-level Habitats Regulations Assessment (HRA) to assess possible impacts on protected marine habitats. Subject to the outcome of this plan-level HRA, the applicants could then be granted seabed agreements for lease.

About Cierco

Cierco Ltd is an independent renewable energy project development company established in 2001 with the goal to develop floating wind projects from start to finish; identifying the best innovative technologies for site requirements to maximize economic benefits.

Visit Cierco Energy website

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About SBM Offshore

SBM Offshore is a leader in the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. Knowing how to harness the energy in and below the world’s waters is what positions SBM Offshore as a company with an important role to play in the global energy development. From today’s oil and gas to tomorrow’s wind and wave, SBM Offshore is uniquely positioned to facilitate the energy transition.

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