Ocean Winds
About
An offshore wind company headquartered in Madrid and owned 50-50 by EDP Renewables and ENGIE, set up as the exclusive vehicle through which both parents invest in offshore wind worldwide. That keeps the two parents from bidding against each other for the same seabed. It builds both bottom-fixed and floating farms: Yeu-Noirmoutier off France reached full operation in April 2026, the EFGL floating farm reached full power in July 2026, and in 2026 it began surveying the site of its proposed High Sea Wind project off Australia. In the US it agreed in April 2026 to settle claims over its Bluepoint Wind and Golden State Wind leases in return for reimbursement.
Outlook
as of 2026-10Portfolio
22 held · live stages first, exits lastCapacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 27.4 GW. Some stakes are undisclosed, so net GW is a floor.
| Project | Country | Stage | MW | Stake | Net MW |
|---|---|---|---|---|---|
| Moray East↓ farmed down | United Kingdom | Operational | 950 | 40% | 380 |
| Iles d'Yeu et de Noirmoutier↓ farmed down | France | Operational | 496 | 40% | 198 |
| SeaMade | Belgium | Operational | 487 | 17.5% | 85 |
| EFGL Golfe du Lion | France | Operational | 30 | 80% | 24 |
| WindFloat Atlantic | Portugal | Operational | 25 | 65.2% | 16 |
| Moray West | United Kingdom | Under Construction | 882 | 95% | 838 |
| BC-Wind | Poland | Under Construction | 390 | 100% | 390 |
| Dieppe-Le Treport | France | Under Construction | 496 | 60.5% | 300 |
| Caledonia | United Kingdom | Advanced Development | 2000 | 100% | 2000 |
| Eoliennes Flottantes d'Occitanie (EFLO - Narbonnaise) | France | Advanced Development | 250 | — | — |
| Celtic Sea - Ocean Winds Project | United Kingdom | Early Development | 1500 | 100% | 1500 |
| Hanbando Offshore Wind Farm (Ocean Winds) | South Korea | Early Development | 1125 | 100% | 1125 |
| KF Wind (Mainstream / Ocean Winds) | South Korea | Early Development | 750 | 66.7% | 500 |
| East Blue Power (Mainstream / Ocean Winds Phase 1) | South Korea | Early Development | 375 | 66.7% | 250 |
| Ventos do Sul | Brazil | Proposed | 6507 | 100% | 6507 |
| Ventos do Atlântico | Brazil | Proposed | 5000 | 100% | 5000 |
| Maral | Brazil | Proposed | 2011 | 100% | 2011 |
| Vento Tupi | Brazil | Proposed | 999 | 100% | 999 |
| Tramandaí Offshore | Brazil | Proposed | 700 | 100% | 700 |
| SouthCoast Wind | United States | On Hold | 2400 | 100% | 2400 |
| Bluepoint Wind | United States | Cancelled | 2400 | 50% | 1200 |
| Golden State Wind | United States | Cancelled | 2000 | 50% | 1000 |
Divested & farmed down
every recorded sale by this developer · newest first| Announced | Project / portfolio | Type | Stake sold | €m | Buyer |
|---|---|---|---|---|---|
| 2025-10 | Iles d'Yeu et de Noirmoutier | farmdown | 20.25% | 200 | Allianz Global Investors |
| 2023-10 | Moray East | farmdown | 16.6% | — | Equitix |
Ownership history comes from the transaction database; the portfolio above is the current snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.
Early access