Holcim partners with BW Ideol to scale up the construction of offshore wind infrastructure
Holcim has taken a minority equity ownership in BW Ideol, a pioneer in floating offshore wind technology, to scale up the construction of clean energy infrastructure. The two companies will form a strategic partnership for the supply of innovative materials to two fabrication lines for floating foundations, developed by BW Ideol in Southern France and Northeast Scotland.
BW Ideol has 15 years’ experience of design, engineering and fabrication of offshore floating wind foundations, and has equity ownerships in two floating wind projects: one off Scotland’s Northeast coast with a capacity of 960 MW, and one off France’s southern coast with a capacity of 270 MW.
Dragan Maksimovic, Region Head West Europe, Holcim: “We are delighted to be able to scale up BW Ideol’s best-in-class innovative designs and engineering of floating foundations for offshore wind, a key part of the energy transition. Holcim’s patented lightweight structural low-carbon concrete is ideal for offshore wind projects and our partnership entails a local-for-local approach, benefiting local economies.”
Paul de la Guérivière, CEO of BW Ideol: “We are thrilled to welcome Holcim as a strategic shareholder. This investment sends a powerful message to the floating offshore wind industry, confirming the maturity and deliverability of concrete foundation solutions. With Holcim by our side, we’re making significant strides in our large-scale, concrete serial fabrication strategy. We are confident that this is the most effective way to achieve competitive costs and, ultimately, unlock the full potential of floating wind as an affordable, decarbonized renewable energy source.”
The investment to scale clean energy infrastructure is aligned with Holcim’s NextGen Growth 2030 strategy, in which sustainability is a driver of profitable growth. Holcim has previously supplied onshore wind foundations across Australia, Croatia, Denmark, Poland, Spain and the UK, as well as offshore wind foundations off France’s northern coastline.
About Holcim
Holcim (SIX: HOLN) is the leading partner for sustainable construction with net sales of CHF 16.2 billion1 in 2024, creating value across the built environment from infrastructure and industry to buildings. Headquartered in Zug, Switzerland, Holcim has more than 45 000 employees in 44 attractive markets – across Europe, Latin America and Asia, Middle East & Africa. Holcim offers high-value end-to-end Building Materials and Building Solutions, from foundations and flooring to roofing and walling – powered by premium brands including ECOPlanet, ECOPact, and ECOCycle®.
1 Net sales 2024 restated following spin-off; excludes net sales to Amrize.
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This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim's annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.
