Under the terms of the deal, which has already closed, Faustino Carceller will continue to operate as an independent subsidiary of Gazelle, focusing on its operations in the commercial fishing, marine and shipping industries, the Ireland-based floating wind company explained.
A spokesperson for Gazelle told “uåX˜äŠÊ˜·³Ç the value and percentage stake acquired in the deal were not being publicly disclosed.
Gazelle is currently developing a modular floating offshore wind platform that it claims will address supply chain and cost issues in the offshore wind sector due to its lighter weight and cheap construction.
The company added that Faustino Carceller’s expertise would complement its own “ship-building approach” to offshore wind energy.
Pablo Carceller has also been appointed as CEO of FFaustino Carceller as part of the deal, Gazelle stated, with the family remaining an “important shareholder” in the company.
“[Faustino] Carceller’s impeccable reputation, knowledge, and experience have established it as one of the premier naval architecture, engineering, and consulting companies in Spain over the last 35 years,” said Jon Salazar, CEO of Gazelle. "Their expertise in the marine market will be key for Gazelle as we transition into an exciting new phase of development for both our company and the offshore wind industry."
Gazelle’s floating platform uses less steel, a facet that the company said helps drive down costs by as much as 30% and also improve its ecological impact compared to existing floating offshore platforms.
The company’s third generation floating platform also uses a “dynamic” mooring system that balances forces and motions at sea with counterweights.
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