Swedish offshore wind power developer finances wind project

Swedish offshore wind energy developer Hexicon has attracted $1.6 million in the form of a rights issue to existing owners. Hexicon develops floating platforms for offshore wind energy.

Swedish offshore wind energy company Hexicon, which recently announced an agreement with steel maker giant SSAB to develop offshore wind power platforms at deep waters, wants to accelerate the implementation of the new strategy by building their first reference power plant in the Baltic Sea.

Hexicon’s floating platforms are fitted with several wind turbines. The platform turns automatically into the wind while harnessing excellent conditions far offshore for the generation of renewable energy.

The Hexicon platform is based on scale of economy and profitable energy production. The technology enables efficient wind park configuration in locations where winds are stronger and more stable, and where the visual and environmental impact is minimal.

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