Aker Offshore Wind and Mainstream Renewable Power Selected as Preferred Bidder to Partner Together in Floating Offshore Wind Project in Japan
Aker Offshore Wind and global wind and solar company, Mainstream Renewable Power (“Mainstream”) have together been selected as the preferred bidder to acquire an initial 50 percent stake in Progression Energy’s 800MW floating offshore wind project in Japan. The project is a well-formed early-stage development asset.The two companies will now enter into exclusive negotiations with Progression Energy with a view to establishing a special purpose vehicle (“SPV”) in the coming weeks, to continue collectively developing the project. As a consortium, the three companies bring together unique
