Lisarb Energy launches global consortium to target offshore wind market
Deep supply chain expertise and technical innovation will drive 1 terawatt (TW) value in the industry
Lisarb Energy, a fast-growing global developer of renewable energy, announces the launch of Lisarb Offshore Limited - a partnership between Lisarb Energy Group Limited, Prosperity Energy Limited and a consortium of leading global ports, manufacturers, producers and consultants.
Lisarb Offshore brings a unique combination of expertise in renewable energy financing, and project delivery to a qualified pipeline of offshore opportunities across Europe and South America - with a particular focus on new floating wind license areas such as the Celtic Sea. , in the United Kingdom, the North Sea, and the coast of Brazil.
The partnership is based on Lisarb's 4.6 GW portfolio, which includes more than 80 onshore solar and wind projects in Latin America and the Iberian Peninsula, supported by a loyal and first-rate investor base, as well as long-term energy insurance with leading global brands.
Prosperity Energy contributes a management team with deep experience delivering prestigious offshore wind, solar, tidal and hydrogen projects – including competitive leasing rounds, supply chain development, installation and operation.
Together, Lisarb Offshore's multidisciplinary team has many decades of experience working on major UK and international infrastructure projects, including over 30 offshore wind farms – totaling over 20 GW.
The team's experience spans all phases of a project's lifecycle: from site selection, through development, construction and operation, as well as hands-on experience in acquiring offshore wind projects, preparing successful competitive lease bids , and guarantee of long-term power purchase contracts.
“Lisarb Offshore's partnership model provides a delivery-oriented plan to support renewable energy development, while better managing costs and risks. We can apply this plan to emerging fixed and floating offshore markets, to nurture indigenous supply chains, generate revenue for regional economies and meet the net zero agenda locally and globally,” said Jamie MacDonald-Murray, President of Lisarb Energy.
Lisarb Offshore's agile supply chain first strategy, planning expertise and technical innovation will reduce costs and increase value as we support our partners, employees and consortium communities – in the UK, Brazil and beyond. Lisarb Offshore has already signed up a wide range of consortium partners, providing access to a unique set of resources and skills defined in global offshore wind projects – both fixed and floating. This includes Quantum Global Solutions (legal and business advice) and Offshore Solutions Group (technical and practical support).
Lisarb Offshore has qualified a pipeline of opportunities in the following key markets:
- Brazil: including a 2GW offshore wind farm, a 2GW solar farm, an additional 19GW of seabed lease rights and associated PPAs (electricity and hydrogen);
- UK Celtic Sea: targeting 1500 MW as part of the 2023 lease round, with the first 300 MW phase starting development from 2023;
- UK North Sea: targeting three 100 MW projects in the INTOG program, with the lease round opening in summer 2022.
“While fixed-bottom offshore wind infrastructure will continue to dominate in many territories, floating offshore wind is unleashing a host of new opportunities and I am confident we have the right strategy, team and technology to succeed in both markets” , concludes Jamie.