Hexicon has created a Joint Venture (JV) called; Hexicon Power SA, in Greece with the local company; EAMAA. This is a first step to start the development of floating offshore wind projects off the coast of Greece.
A new legal framework for offshore wind in Greece is expected this year. The JV is in line with Hexicon’s strategy as an early-stage developer in key markets globally, where the company teams up with partners and local companies. The joint venture is a starting point for working together on several projects that will complement each other. The Greek team has operational, legal and technical know-how as well as a local network that matches Hexicon’s expertise in floating wind power technology. Mikelis Chatzigakis has been appointed as CEO of Hexicon Power. Mr. Chatzigakis, has served as a special advisor to the current Vice – President of the conservative party now in government and former Greek Minister of Energy. The President of the Board will be Alexander Singer.