Moreld establishes Moreld Ocean Wind

Stavanger, 13. April 2021: Moreld is proud to present the launch of Moreld Ocean Wind, an independent technology, product, and solutions provider for the Floating Offshore Wind Industry.

Simultaneously, Moreld announces a major investment in and cooperation agreement with Ocergy Inc., which also receives an investment from Chevron Technology Ventures.

Ocergy is a design and technology company that provides sustainable offshore solutions through the OCG-Wind Floating Offshore Wind, a low-cost foundation for floating windmills, and the OCG-Data environmental monitoring buoy.

The Cooperation Agreement signed between Ocergy and Moreld Ocean Wind sets a strong foundation for executing commercial scale projects. The partnership integrates one of the most promising offshore wind technologies in the world with the strong EPCI leadership to develop a fully industrialized supply chain in Norway and other strategic regions worldwide.

Moreld is already a well-established player in the Offshore Floating Wind space, with leading competencies within FEED, marine services and product solutions. Moreld is owned by funds managed by HitecVision, a leading private equity investor specialized in the European energy industry.

“Through this co-operation Moreld Ocean Wind will be positioned to become a leading supplier of turnkey life cycle solutions to the future offshore floating wind developers” says Geir Austigard, CEO Moreld.

Through the investment in Ocergy Inc., Moreld Ocean Wind targets the offshore wind industry’s need for a competitive floating offshore wind turbine foundation that can meet local supply chain requirements with clear industrialization potential, and for an integrated environmental data and bio-diversity assessment buoy to promote the development of offshore renewable energy.

To serve as the company CEO, Moreld Ocean Wind has hired Kristian Ravn, a danish offshore wind industry veteran who has held multiple senior management positions in relevant companies like Universal Foundations and Semco Maritime executing both green- and brownfield projects.

“Moreld Offshore Wind will capitalize on the complementary OFW expertise within Moreld enabling fully integrated and dedicated project teams executing EPCI contracts swiftly and flawlessly,” said CEO, Kristian Ravn. “Supported by our parent and fellow subsidiary companies, we will have the necessary muscle to work with developers to ensure projects are delivered with expected quality, on schedule, and on budget.”

“We are delighted about this partnership as it will allow Ocergy to advance and commercialize its innovative technologies,” said Ocergy CEO Dominique Roddier. “With Moreld Ocean Wind onboard, we gain a trusted partner who will be able to provide an EPCI solution for OCG-Wind – a key requirement for many of our clients.”

About Ocergy:

Ocergy is a technology company developing two sustainable offshore solutions:

•  OCG-Wind is a low-cost foundation for floating windmills, supporting the new generation of very large offshore wind turbines. The innovative hull allows the platform to have a very light weight, a necessity to reduce LCOE. It is tailored towards ease of industrialization, to bring flexibility in fabrication, and increase the use of a local supply chain in the project fabrication life cycle.
•  OCG-Data is an innovative multi-disciplinary ocean observer for complete offshore site assessment. It has enough footprint to host and power multiple instrumentation packages for resource and environmental characterization. Underwater biodiversity monitoring relies on the combination of restoration technologies and passive acoustic monitoring arrays. The buoy also hosts a bird and bat detection and identification system. OCG-Data provides high-quality data including ecological information for stakeholders’ engagement.

The company principals, Alexia Aubault, Christian Cermelli, and Dominique Roddier are well known in the floating offshore wind industry, having recently been distinguished with the prestigious 2020 ASME Sperry award “in recognition of the development of WindFloat, a floating foundation for offshore wind turbines”.