An additional €2.5m has also been raised from other investors bringing the total investment to €27.5m.
The company said its latest investment will support its floating offshore wind projects and blue economy projects, such as the development of e-Fuels and energy parks.Sam Roch-Perks, Group CEO of the company, said the investment will enable Simply Blue to grow its pipeline even further and move forward with a range of international projects outside of floating offshore wind.