BW Offshore joint venture wins NOK 1.94 billion Enova grant for floating wind project

• Fram Wind Solutions, 50% owned by BW Offshore, received confirmation of a NOK 1.94 billion Enova grant for floating offshore wind.
• The project comprises two 18.5 MW turbines totaling 37 MW, using BW Ideol's patented Damping Pool floating foundations.
• Funding requires a final investment decision, financing and key supplier agreements within 24 months of the grant award.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BW Offshore Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611021000OMX_____CNEWS_EN_GNW1001301324_en) on November 02, 2026, and is solely responsible for the information contained therein.