Floventis

In 2021 Cierco and SBM Offshore formed the joint venture company Floventis Energy, with the goal of becoming a market leader in offshore floating wind power. The joint venture brings together complementary skills and expertise to produce the know how required to develop and deliver complex technology projects successfully in the offshore environment. Already driving demonstration projects in California and the UK, Floventis is building a portfolio of projects to take floating offshore wind, through a stepwise process, increasing project size to full scale commercial development proposals by 2030.