Ocean Winds

oceanwinds.com

Ocean Winds (OW) is an international company dedicated to offshore wind energy and created as a 50-50 joint venture, owned by EDP Renewables and ENGIE. Based on our belief that offshore wind energy is an essential part of the global energy transition, we develop, finance, build, and operate offshore wind farm projects all around the world. When EDP and ENGIE combined their offshore wind assets and project pipeline to create OW in 2019, the company had a total of 1.5 GW under construction and 4.0 GW under development; OW has been adding rapidly to that portfolio and is now on a trajectory to reach the 2025 target of 5 to 7 GW of projects in operation or construction, and 5 to 10 GW under advanced development. In 2024, OW’s offshore wind gross capacity already operating, contracted, or with grid connection rights granted reaches around 17 GW. OW, headquartered in Madrid, is currently present in 8 countries and primarily targets markets in Europe, the United States, selected parts of Asia.