Plenitude Enhances Spanish Offshore Wind Portfolio with BlueFloat and Sener Collaboration

Plenitude Enhances Spanish Offshore Wind Portfolio with BlueFloat and Sener Collaboration

(IN BRIEF) Plenitude, an Italian energy company specializing in renewable energy, has joined forces with BlueFloat Energy and Sener Renewable Investments to advance offshore wind projects in Spain. This partnership strengthens their existing consortium and creates a dominant player in Spain’s offshore wind sector with a combined portfolio of approximately 1.25 GW of floating offshore wind projects. Plenitude brings its extensive experience in renewable energy management, electric vehicle charging networks, and commitment to carbon neutrality by 2040 to the collaboration. The three companies share a commitment to sustainable offshore wind development in Spain, emphasizing environmental, social, and economic benefits for local communities.

(PRESS RELEASE) MADRID, 22-Jan-2024 — /EuropaWire/ —  Eni S.p.A. (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, announces that Plenitude, a renowned Italian energy company specializing in 100% renewable energy production, energy sales, services, and an expansive electric vehicle charging network, has entered into a strategic partnership with BlueFloat Energy and Sener Renewable Investments to accelerate offshore wind projects in Spain. This collaboration strengthens the existing joint venture between BlueFloat Energy and Sener Renewable Investments, forming a dominant consortium in Spain’s offshore wind sector. Together, they boast a combined portfolio of approximately 1.25 GW of floating offshore wind projects in Galicia (Parque Nordés), Catalonia (Parc Tramuntana), and the Canary Islands (Parque Tarahal).

Plenitude aligns seamlessly with the sustainable portfolio development approach championed by BlueFloat Energy and Sener Renewable Investments, emphasizing the integration of environmental and social considerations into project design and community engagement. In Spain, Plenitude manages 430 MW of operational solar PV and onshore wind power, with 1 GW under construction and more than 2 GW in various stages of development. The company also operates an extensive network of electric vehicle charging stations, serving over 300,000 customers nationwide.

Operating across 15 countries, Plenitude maintains a portfolio of approximately 3 GW of renewable capacity in operation, with ambitious targets of reaching 7 GW by 2026 and exceeding 15 GW by 2030. Stefano Goberti, CEO of Plenitude, expressed enthusiasm for the partnership, highlighting its pivotal role in strengthening the company’s commitment to Spain’s renewable energy sector. Goberti emphasized Plenitude’s dedication to achieving carbon neutrality by 2040 and providing decarbonized energy to all its customers. He stated “Thanks to this agreement, we strengthen our offshore wind portfolio and commitment in the renewables sector in Spain. We are glad to start this collaboration with BlueFloat and Sener Renewable Investments to contribute to the country’s energy transition process, through an innovative and high-potential technological solution as floating offshore wind. Growth in the renewables sector is central to Plenitude’s strategy, in line with the company’s goal of achieving carbon neutrality by 2040 and providing decarbonized energy to all its customers”.

Carlos Martín, CEO of BlueFloat Energy, underscored the value of Plenitude’s involvement, citing “The agreement with Plenitude strengthens our consortium thanks to their solid track-record in developing and executing renewable energy projects, financial strength, and strong technical capabilities, which are highly complementary to BlueFloat Energy’s expertise in offshore wind and Sener’s engineering competences. With Plenitude on board, our projects take a significant step forward while consolidating our leading position in the offshore wind sector in our home market”.

Miguel Domingo, CEO of Sener Renewable Investments, said “The three companies share a clear commitment to implement offshore wind projects in Spain in a sustainable and equitable way, seeking their environmental, social, and economical compatibility and integration at the local and regional level. With Plenitude we reinforce this commitment”.

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About Plenitude
Plenitude, company controlled by Eni, is active in 15 countries across the world with a business model integrating the production of electricity from around 3 GW renewable sources capacity, the sale of energy and energy solutions to around 10 million European clients, and an extensive network of almost 20,000 charging points for electric vehicles. By 2026, the company aims at reaching 11 million clients, more than 7 GW of installed renewable capacity and more than 30,000 installed charging points.

About BlueFloat Energy
BlueFloat Energy is developing offshore wind projects in various regions of the world, where it can implement its vision: to accelerate global deployment of offshore wind as a key enabler for the energy transition and economic growth. BlueFloat Energy brings together a global and multi-disciplinary team with remarkable expertise in the design, development, financing, procurement, and execution of offshore wind projects. BlueFloat Energy is a market leader in offshore wind development and currently has over 32 GW of planned fixed-bottom and floating offshore capacity globally. BlueFloat Energy is a portfolio company of 547 Energy, which invests in renewable power and grid resiliency companies, with the backing of Quantum Capital Group, a leading provider of private equity, credit, and venture capital to the global energy and energy transition industry.

www.bluefloat.com    |    www.547energy.com    |    www.quantumcap.com

About Sener
Sener is a private engineering and technology group founded in 1956, which seeks to transform the world by challenging the limits of technology, with a mission to help its customers with innovative and effective solutions through its differentiating values: innovation, excellence, commitment, passion, and teamwork. Sener has more than 3,400 professionals on five continents. In offshore wind, Sener accompanies its clients throughout the life cycle of a project, with experience in all stages of its development, providing solutions to meet the sector challenges through services of permitting, engineering and project and construction management or developing floating technology, as the semi-submergible platform HiveWind, developed by HiveWind Energy, a joint venture between Sener Renewable Investments and Nervión Naval-Offshore.
www.group.sener

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SOURCE: Eni S.p.A.