Technip Energies Announces Investment in Floating Offshore Wind Company X1 Wind
Retrieved on:
Tuesday, February 8, 2022
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This strategic investment is supplemented by an operational agreement whereby Technip Energies will support X1 Winds management through its participation in joint technical and commercialization committees and bring its engineering capabilities, offshore project execution and industrialization know-how to carry the X1 Wind concept to commercial application, with the aim to include the pioneering technology in Technip Energies floating offshore wind (FOW) offering.
Key Points:
- This strategic investment is supplemented by an operational agreement whereby Technip Energies will support X1 Winds management through its participation in joint technical and commercialization committees and bring its engineering capabilities, offshore project execution and industrialization know-how to carry the X1 Wind concept to commercial application, with the aim to include the pioneering technology in Technip Energies floating offshore wind (FOW) offering.
- Willy Gauttier, Technip Energies Vice President for Floating Offshore Wind, commented: With this investment and collaboration, Technip Energies demonstrates that it is not only addressing todays floating offshore wind market with its current semi-submersible technology, it is also preparing the future with this promising design to become the leader of the next generation of floaters.
- While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
- All of Technip Energies forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies control) and assumptions that could cause actual results to differ materially from Technip Energies historical experience and Technip Energies present expectations or projections.