Simply Blue gets second investment from Octopus

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Simply Blue Group develops pioneering projects in floating offshore wind, e-fuels, wave energy and low-impact aquaculture and it has a global pipeline of over 10GW of floating offshore wind projects.

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.

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