Ocean Winds Leases Celtic Sea Wind Site

EDP Renewables===Ocean Winds, a 50-50 joint venture between EDP Renováveis and ENGIE, has signed an Agreement for Lease with United Kingdom===Crown Estate for a 1.5GW floating offshore wind project in the Celtic Sea. This follows EDP Renewables===Ocean Winds' selection as the preferred supplier in November 2025 under Offshore Wind Leasing Round 5. The project, located off the coasts of South Wales and South-West England, is one of three sites, each with a capacity of up to 1.5GW, aiming to power over four million homes. Full delivery of these sites is expected to create more than 5,000 jobs and contribute £1.4 billion to the United Kingdom's economy. EDP Renewables===Ocean Winds will now proceed with project design, site surveys, environmental impact assessments, public engagement, and securing planning consents, with the wind farm expected to be operational by the mid-2030s. This initiative is a crucial step in the United Kingdom's clean energy transition and energy security goals.