BW Ideol adds NGE to Mediterranean floater push

Splash 24723 Jul 2026Supply chain
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BW Ideol and NGE have taken equal equity stakes in the Fos3F venture and jointly submitted a bid for 30 ha of port land with 400 m of quay, targeting a facility that can produce about 30 concrete floating foundations per year — roughly 500 MW of wind capacity. The project has already secured up to €126m in public support, comprising a €74m EU Innovation Fund grant and a €52m French green industry tax credit. The partners are positioning the Fos-sur-Mer site to supply France’s combined AO9/AO10 offshore wind round, in which about 3.2 GW of new floating capacity is planned for the Mediterranean.

Context

The equal equity stake and joint land bid represent a progression from the exclusive partnership the two parties signed on the same day .