Mainstream Renewable Power, Ocean Winds, and Statkraft are partnering in the upcoming Utsira Nord tender process to develop floating offshore wind in Norway. Together, they have unparalleled expertise in the development and operations of floating offshore wind farms, a long track record in industry development and transformation, and broad experience in Norwegian and global energy markets.

Mainstream, an Aker Horizons portfolio company, is a leading pure-play renewable energy company with a portfolio of more than 29 GW. The company’s growth trajectory and offshore wind ambition accelerated in 2022 with the integration of Aker Offshore Wind, combining world-class development and industrialization capabilities through Aker group companies with Mainstream’s strong development and execution track record. Further to their ambition in the floating wind market, the company holds preferential rights to bankable floating foundation technology through ownership in Principle Power. Mainstream is currently developing a net capacity of 1.3 GW of floating offshore wind in Scotland and South Korea and 1.23 GW of fixed-bottom offshore wind in Vietnam.

Ocean Winds (OW) is an international company dedicated to offshore wind energy and was created as a 50-50 joint venture, owned by EDP Renewables and ENGIE. Based on its belief that offshore wind energy is an essential part of the global energy transition, OW develops, finances, builds, and operates offshore wind farm projects all around the world. OW increases its gross capacity day by day generating clean energy for millions of homes and reducing greenhouse gas emissions. In 2023, OW’s offshore wind gross capacity reaches more than 16 GW, including 1.5 GW already operating. Statkraft is Europe´s largest producer of renewable power and energy market access provider and a global company in renewable power production and energy market operations.

Statkraft has extensive capability from the development and operation of global onshore wind and experience in significant offshore wind projects in the United Kingdom and Ireland. Statkraft provides leading analysis of the power market and power systems, including forecasts, and operational and financial risks, and we have broad experience in managing and optimizing renewable power plants and assets around the world. We will accelerate our growth in renewable power projects reaching an annual development rate of 4 GW by 2030.