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France's Ideol clinches EUR 12m in funds for floating wind project - SeeNews Renewables

France's Ideol clinches EUR 12m in funds for floating wind project - SeeNews Renewables
ench floating wind turbines developer Ideol said Wednesday it has obtained some EUR 12.3 million (USD 14.2m) in funds last month to support its projects and research and development (R&D) activities.(...)In addition, France’s Environment and Energy Management Agency (ADEME) has granted EUR 7.3 million to Ideol for its Oceagen R&D project with Bouygues TP and the IFSTTAR Institute. Meanwhile, BNP Paribas and Caisse d’Epargne have provided a EUR-1.2-million loan to the firm.