KF Wind congratulates Ocean Winds for reaching the Financial Close in EFGL project in Leucate, France

Korea Floating Wind congratulates Ocean Winds for on recently reaching the Financial Close in the Les Eoliennes Flottantes du Golf du Lion project in Leucate, France (EFGL).

EFGL is a project of 30MW in the South of France, and it involves constructing and operating three 10 MW floating wind turbines supported by the WindFloat semi-submersible floating foundations.

After finalizing the construction of Wind Float Atlantic in 2020, reaching the Financial close in EFGL is a major milestone as it confirms the bankability and maturity of the floating offshore wind technology and its readiness for large-scale implementation. This milestone also demonstrates the leadership of Korea Floating Wind’s main sponsor – Ocean Winds – in floating offshore wind technology.

Moreover, it is also the first floating wind farm to be installed in a Marine Protected Area: the Natural Park of the Golfe du Lion. Built-in consultation with local stakeholders and with respect for the environment, the EFGL project is already a reference in terms of environmental studies and biodiversity watch and protection. Grzegorz Gorski, COO of Ocean winds, participated as a panel at the United Nations Ocean Conference 2022 in July and addressed the importance of ESG values by introducing the EFGL project, one of the most biodiversity-friendly projects to date.

Korea Floating Wind design is based on the same technological solution as EFGL, although scaling up in size, thus bringing a proven and reliable, and environment-friendly technology to Korean waters.