The joint venture, formed three years ago by BlueFloat and Sener, has a portfolio of around 1.25 gigawatt (GW) of floating offshore wind projects across Galicia, Catalonia and the Canary Islands.

Plenitude operates in 15 countries with a portfolio of around 3 GW of renewable capacity in operations and targets a capacity of 7 GW by 2026.

(Reporting by Francesca Landini, editing by Giulia Segreti)