Gazelle Wind Power raised €11.4M in a funding round led by Indico Capital Partners to accelerate the development of its floating offshore wind platform technology.
Gazelle Wind Power raised €11.4M in a funding round led by Indico Capital Partners to accelerate the development of its floating offshore wind platform technology.
11/13/24, 9:30 AM
Location
dublinMoney raised
€11.4 million
Industry
wind energy
Investors
E2 In2, Wah Kwong, August One, Dst Group, Indico Capital Partners
Gazelle Wind Power has secured a €11.4 million funding round with Indico Capital Partners leading the investment. Other investors in the round include DST Group, August One, Wah Kwong, and E2IN2. The funding will be used to further develop the Nau Azul project in Portugal.
Company Info
Location
dublin, dublin, ireland
Additional Info
Gazelle Wind Power Limited is accelerating the commercialization of the floating offshore wind market with its next-generation platform. Gazelle’s solution is poised to become the benchmark for the industry with a design that is targeted to lower costs, enable local content, utilize pre-existing port infrastructure, and incorporate shipbuilding construction with modular assembly. The floating platform offers high stability and easy transport, installation, and maintenance while preserving fragile marine environments. The company is based in Dublin and Viana do Castelo and has a presence in Vigo and London.