offshoreWIND.biz
  • Fixed-Bottom
  • Floating Wind
  • Supply Chain
  • Contracts & Tenders
  • Grid Connection
  • More news
JobsNewsletter
offshoreWIND.biz logo

Your trusted source for global offshore wind news, part of the Navingo network.

Topics
  • Fixed-Bottom
  • Floating Wind
  • Grid Connection
  • Power-to-X
  • Supply Chain
Network
  • Offshore Wind
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Sumitomo Acquires Stake in Gwynt Glas Floating Wind Project
Business & Finance

August 10, 2026 · 27 days ago

Sumitomo Acquires Stake in Gwynt Glas Floating Wind Project

Sumitomo Corporation has joined the Gwynt Glas floating offshore wind project in the Celtic Sea as an equal partner alongside EDF power solutions UK and Ireland and ESB, with each company now holding a 33.33 per cent stake. DP Energy will continue to support the project’s development, including earl

1 minutes read
  • LinkedIn
  • X
  • Email
Sumitomo Acquires Stake in Gwynt Glas Floating Wind Project
Gwynt Glas

Sumitomo Corporation has joined the Gwynt Glas floating offshore wind project in the Celtic Sea as an equal partner alongside EDF power solutions UK and Ireland and ESB, with each company now holding a 33.33 per cent stake.

DP Energy will continue to support the project’s development, including early-stage project delivery and local engagement, according to the joint venture.

The project secured a 1.5 GW seabed lease off Wales in the Crown Estate’s Round 5 floating wind leasing process and signed an Agreement for Lease in October 2025.

In November 2025, Gwynt Glas appointed Haskoning to lead the Environmental Impact Assessment (EIA) process , with NASH Maritime selected to carry out shipping and navigation assessments.

This summer, the developer submitted its EIA Scoping Report to the UK Planning Inspectorate (PINS), Natural Resources Wales and the Marine Management Organisation, marking a step towards applying for a Development Consent Order (DCO) as well as marine licences, which the project will require.

Gwynt Glas is being developed as a Nationally Significant Infrastructure Project.

Follow offshoreWIND.biz on:

Related Articles

Floating Wind

Gwynt Glas Submits EIA Scoping Report for 1.5 GW Celtic Sea Floating Wind Project

1 min read

Reach the offshoreWIND.biz industry in one go!

offshoreWIND.biz is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow offshoreWIND.biz on:

Filed under

Business & FinanceFloating WindProject UpdatesWind Farm Update

Daily offshore wind news in your mailbox.

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Young Oysters Deployed on Two North Sea Cable Crossings
  2. 2Pacifico Energy Unveils EUR 860+ Million Investment in Two Offshore Wind Projects in South Korea
  3. 3Fourth Vard-Built CSOV Joins Windward Offshore Fleet
  4. 4ABS to Support Japanese Company’s 18 MW Floating Wind Turbine Pilot in Brazil

Daily offshore wind news in your mailbox.

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free