Shell to acquire Eolfi floating wind specialist

Shell to acquire Eolfi floating wind specialist

he Shell Group has signed an agreement to acquire 100% of Eolfi, a French renewable energy developer specializing in floating wind projects. At the end of this operation, which should be finalized in December, Eolfi will be an integrated subsidiary 100% Shell.

This acquisition provides specialized expertise and complements Shell’s existing teams, and includes a pilot project that will provide Shell with the opportunity to bring its offshore and project management experience to floating wind turbines. energy group in a statement issued on November 5, 2019.

“Eolfi joins the Shell Group at a key moment for the floating wind market,” said Alain Delsupexhe, founder of the company. Since our inception in 2004, Eolfi has been a pioneer in renewable electricity. Our floating wind legacy combined with Shell’s offshore expertise and global presence will enable us to grow both offshore and onshore with our wind and solar PV projects within the News business unit. Shell Energies “.

Eolfi employs more than 65 people in Paris, Lorient, Marseille and Montpellier, who have developed more than 200 renewable energy projects on land and at sea in five countries. Since 2012, the company has specialized in floating wind turbines.