### Ingka and Oxan Jointly Bid for France’s Latest Offshore Wind Tender
In a significant move aimed at decarbonizing Europe’s energy landscape, Ingka Investments and Oxan Energy have collaborated to bid for France’s upcoming offshore wind tender. This partnership marks a substantial step in the region’s ambitious renewable energy goals, aligning with European Union objectives to enhance clean energy production.
#### Background on Ingka Investments
Ingka Investments, the investment arm of Ingka Group, is one of the largest investors in renewable energy globally. With a robust portfolio spanning over 47 wind farms and 13 solar farms across 16 countries, Ingka Group is committed to a 100% renewable energy consumption goal. The company has already invested more than €4 billion into wind and solar projects, supporting its EUR 7.5 billion initiative to reduce carbon footprint. Ingka’s extensive experience in the sector, particularly in France where it operates seven onshore wind farms and a solar farm, highlights its dedication to renewable energy expansion.
#### Oxan Energy’s Expertise
Oxan Energy, a French-based company specializing in marine renewable energy, particularly in floating offshore wind, brings a wealth of experience to this partnership. Founded in 2023 but with roots in 15 years of floating offshore wind expertise, Oxan Energy has participated in numerous international projects. Nicolas Paul-Dauphin, Founder and CEO of Oxan Energy, emphasized the importance of this collaboration: “We are thrilled to partner with Ingka Investments, a strategic and experienced ally in the French market. France offers intriguing opportunities, given its forthcoming offshore wind tenders.”
#### The Tender Process
The prequalification announcement signals the beginning of the next phase in the tender process, which includes a competitive dialogue. During this phase, French authorities will outline detailed criteria for the tender rules and define the maritime zones more precisely where the projects will be located. The four offshore wind zones involved—Golfe de Fos 2, Narbonnaise 2, Bretagne Sud 2, and Oléron 2—have the potential to support a combined capacity of up to 2.5 GW of floating offshore wind energy. The development of these projects is set to begin in autumn of 2025, with expected commissioning between 2032 and 2034.
#### Collaboration Strength
This partnership between Ingka Investments and Oxan Energy underscores their shared commitment to achieving significant strides in renewable energy production. Frederik de