IberBlue Wind

IberBlue Wind is a joint venture specialized in the design, development and management of floating offshore wind farms that will operate in the Iberian market. Made up of the Irish company Simply Blue Group, a leader in the early-stage development of floating offshore wind, Spanish companies Proes Consultores, the engineering division of the Grupo Amper, and FF New Energy Venture (FF NEV), developer of renewable projects.

Iberblue Wind will utilise innovative and cutting-edge floating offshore wind technologies to produce zero-carbon electricity through five of its floating wind projects. These projects aim to be a steppingstone for Spain and Portugal to progress towards a net-zero future, contributing to the Spanish government’s target of 2GW of installed offshore wind by 2030 and to the Portuguese government’s target of 3GW of installed offshore wind by 2030.

Portugal:

Creoula Floating Wind will located in front of the coast of Viana do Castelo (North Region) of Portugal. Creoula, jointly with its twin project, Juan Sebastián Elcano could constitute the first cross-border project.

Botafogo Floating Wind will be located near the coast of Figueira da Foz (Coimbra District) in Portugal.

Spain:

Spain’s offshore wind sector is at a turning point.

The Spanish government aims to install about 3 GW of offshore wind capacity by 2030, with much of that likely coming from floating offshore wind technology, since much of Spain’s coastline is too deep for conventional fixed‐foundations. As of 2025, Spain has no large commercial offshore wind farms in operation and it is clear that the 2030 cannot be met.

However, a regulatory progress is underway. A key legal instrument, Royal Decree 962/2024, was passed in September 2024. It establishes procedures for awarding projects via competitive auctions, regulating access to grids and the maritime‐terrestrial public domain, and defining requirements such as environmental impacts and space use.  Spain has also identified maritime zones via its Maritime Spatial Plans (POEMs) for initial offshore wind projects.

The Iberblue Wind partners are positioned to facilitate Spain’s progress towards a net zero future and are actively engaged in advocacy to unlock Spain’s floating offshore wind potential.