Gazelle Wind Power secures funding to further develop its floating offshore wind technology

Gazelle Wind Power (Gazelle), a developer of floating offshore wind platform technology, has secured a €11.4 million funding round led by Indico Capital Partners, an investor in ocean-related sustainable technologies.

 

Other investors in the round included DST Group, August One, Wah Kwong, and E2IN2, among others. The funding will further accelerate the development of Nau Azul, Gazelle’s 2 MW grid-connected demonstrator in Aguçadoura, Portugal.