Supermajor Shell has acquired French renewable energy developer Eolfi, a specialist in floating wind projects.
The deal, with an undisclosed value, will help grow Shell’s offshore wind business, which has a presence in Europe and the US.
Eolfi is currently working with partners to develop Groix, a pilot floating wind project off the coast of Brittany in France.
Shell's acquisition of Eolfi is expected to be completed in December.
