SBM Offshore and Technip Energies launch Ekwil, a JV dedicated to offshore wind energy

SBM Offshore and Technip Energies announce the creation of Ekwil, a 50/50 joint venture dedicated to floating offshore wind turbines (EOF). Ekwil offers a diverse range of series-produced EOF solutions to meet the growing needs of global energy customers, combining INO15 semi-submersible and Tension Leg Platform Float4Wind technologies.

Share:

SBM Offshore et Technip Energies lancent Ekwil, JV dédiée à l'éolien offshore.

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Ekwil, based in France, brings together a team of 40 specialists and draws on the resources of SBM Offshore and Technip Energies. Headed by Séverine Baudic, former Managing Director of New Energies & Services at SBM Offshore, and Willy Gauttier, former Vice President of Floating Offshore Wind at Technip Energies, Ekwil aims to become a major player in the EOF market. This joint venture is structured to offer reliable and efficient solutions, accelerating the deployment of floatingoffshore wind turbines through mass production and advanced technical expertise.

Technologies and competitive advantages

Technip Energies’ Semi-submersible INO15 and SBM Offshore’s Tension Leg Platform Float4Wind technologies enable Ekwil to cover a broad spectrum of the EOF market. These innovations offer economies of scale and reduced deployment times, making EOF solutions more competitive. The combined expertise of the two companies enables Ekwil to meet market requirements with optimized, reliable solutions, strengthening its position in the global floating offshore wind market.

Market Impact and Deployment

Ekwil plans to capitalize on growth in the floating offshore wind market, particularly in Europe, Asia and North America. The company’s technologies are designed to meet the specific needs of these regions, ensuring effective market penetration. The joint venture structure enables greater agility in project implementation, offering customers robust and economically viable EOF solutions.

Leadership and Perspectives

Séverine Baudic and Willy Gauttier, as CEO and COO respectively, bring significant experience and strategic vision to Ekwil. Their leadership is essential in guiding the company through a rapidly changing market, ensuring effective execution and sustainable growth. Growth prospects for Ekwil are strengthened by the growing demand for floating offshore wind solutions, and the company is well positioned to capture a significant share of this market.

The Monte Cristo I project strengthens Terra-Gen’s presence in Texas with a total capacity of 273 MW and economic returns exceeding $100mn for local communities.
The UK is betting on a new contracts-for-difference model to secure up to 5.5 GW of offshore wind, despite a reduced budget and unprecedented competitive pressure.
CWP Energy and KfW IPEX-Bank have finalised a £400mn ($494mn) financing agreement for the Sanquhar II onshore wind farm, marking a strategic milestone in UK energy investments.
Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.
RWE won two projects totalling 21.6 MW in the latest onshore wind tender by the CRE, strengthening its presence in Oise and Morbihan and consolidating its investments in France.
Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.
Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.
J-POWER will take over Mitsubishi Heavy Industries’ domestic onshore wind maintenance operations under a deal set to strengthen its local market position by spring 2026.
The consortium brings together Air Liquide, RTE, Nexans, ITP Interpipe and CentraleSupélec to develop a demonstrator for offshore electricity transport using superconducting cables cooled with liquid nitrogen.
Developer Q ENERGY has inaugurated a seventh wind farm in Biesles, Haute-Marne, with Velto Renewables acquiring a 50% ownership stake.
French start-up Wind fisher unveils a pioneering airborne wind system capable of producing twice as much electricity as a ground-based turbine by tapping into powerful winds above 300 metres.
The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.
The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.
Energiekontor has closed financing for three new wind farms in Germany, strengthening its project portfolio and reaching a historic construction milestone in the 2025 fiscal year.
RWE has finalised installation of all 44 foundations at the Nordseecluster A offshore site in the North Sea, a key milestone before planned maintenance activities leading up to 2027 on this 660-megawatt project.
A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.
The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.