AqualisBraemar LOC Group has acquired the remaining 29% of Innosea – an engineering, design and R&D consultancy specializing in marine renewable energies – bringing its total stake to 100%.
âWe are delighted to acquire full ownership of Innosea. The company is growing rapidly and has proven to be an essential part of our service offering to the renewable energy sector. We have the ambition that 50% of our group’s turnover will come from sustainable development and energy transition services by 2025. Innosea will play a key role â, said David Wells, CEO of AqualisBraemar LOC.
Innosea was founded by Hakim Mouslim, Bruno Borgarino and three other researchers in 2012, as a technological spin-off from the Ecole Centrale de Nantes. Today the company has offices in Nantes and Marseille in France as well as in Edinburgh in Scotland.
Innosea is one of the few independent specialists in the integrated analysis of fixed and floating offshore wind turbines. In addition, the company provides design and engineering consultancy for all marine renewable energies – wind, solar, wave and tidal – with extensive experience in state-of-the-art multinational R&D, demonstration and commercial projects. devices. development. Innosea is also the leader in engineering consultancy for floating solar photovoltaics with more than 90 projects worldwide.
âBecoming fully owned by AqualisBraemar LOC marks a continuation of integration and cooperation with the entire global network of offices and the group’s skill base. This allows us to provide broader and stronger support to our clients, which in turn translates into faster business expansion, âsaid Hakim Mouslim, Managing Director and Co-Founder of Innosea.
Today, the AqualisBraemar LOC group employs more than 900 people in 39 countries around the world. The group operates in the renewable energy sectors through the Innosea, OWC, AqualisBraemar LOC, Longitude and East Point Geo brands.
âWe are already working with some of our sister companies and have identified a culture of fit with a robust approach to technical excellence and customer delivery. It’s great to be part of a group dedicated to driving a responsible energy transition, and we want to develop an additional set of services around adaptation to climate change and the resilience of offshore and maritime assets. Â», Says Bruno Borgarino, CTO and Co. -Founder of Innosea.
For more information and technical articles on the global renewable energy industry, read the latest issue of Energy Global magazine.
Energy Global’s winter issue features a diverse range of in-depth technical articles detailing recent projects, future projections and technological advancements in the renewable energy sector, from companies such as NOV, Shell Naturelle, Penspen, Future Market Insights, and more.
Read the article online at: https://www.energyglobal.com/wind/2912021/aqualisbraemar-loc-acquires-innosea/