Simply Blue Group Welcomes Strategic Investment from Kansai Electric to Accelerate Offshore Wind Expansion
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Published 31st October 2025 here
Simply Blue Group, a leading developer of renewable energy projects, today announced that Kansai Electric Power Co., Inc. (“KEPCO”) has signed a Share Subscription Agreement with Simply Blue Group’s offshore wind development arm, Simply Blue Energy OSW Ltd (SBE OSW).
This strategic investment marks KEPCO’s first investment involving management participation in an offshore wind developer.
Simply Blue Energy OSW Ltd. is actively engaged in multiple offshore wind projects across Europe and elsewhere and possesses extensive experience and expertise in offshore wind development from the early stages of project formation. With KEPCO’s investment, SBE OSW aims to accelerate the expansion of its offshore wind portfolio.
Hugh Kelly, Co-Founder and CEO, Simply Blue Group said: “This investment represents a pivotal moment for us at Simply Blue Energy OSW Ltd. The support from KEPCO provides the strength and resources needed to scale our operations and advance our offshore wind initiatives. Together, we are poised to deliver significant contributions to the clean energy transition.”
Toru Kuwahara, Executive Vice President, and General Manager of Global EX Division of KEPCO said: “We are honoured to embark on a partnership with Simply Blue Energy, a developer possessing a pioneering spirit and extensive expertise in the field of offshore wind power. Through this collaboration, we aim to further advance offshore wind development for both companies and contribute to achieving a carbon-neutral society.”
As part of Kansai Electric Power Group, Simply Blue Energy OSW Ltd. will collaborate closely to advance expertise in offshore wind development.
This strategic investment reflects Kansai Electric Power Group’s long-term vision to contribute to the realisation of a zero-carbon society and ensure the sustainable, stable supply of clean energy worldwide.
ENDS
Notes to Editors
Kansai Electric Power Co., Inc. will acquire a majority stake in Simply Blue Energy Ltd. through its wholly owned subsidiary, KPIC Netherlands B.V.
About Simply Blue Group
Established in 2011, Simply Blue Group is an ambitious, values-driven Group at the forefront of the global blue economy. Headquartered in Cork, Ireland, the Group combines deep technical expertise, innovation and strong stakeholder engagement to advance the transition to a cleaner and more sustainable energy future.
Its offshore wind arm, Simply Blue Energy OSW Ltd. (SBE OSW) is actively developing a significant renewable energy portfolio, including 8 GW of floating offshore wind and 4 GW of fixed-bottom wind projects across multiple markets.
With an experienced and dedicated team operating from offices in Cork, Dublin, Belfast, Newquay, Pembrokeshire, Edinburgh, Bilbao, and Nova Scotia, SBE OSW is strategically positioned to deliver large-scale offshore wind projects.
The company is committed to generating long-term local economic benefits while ensuring that its projects coexist harmoniously with communities and the natural environment.
To find out more about us, please visit www.simplybluegroup.com
About Kansai Electric Power Company
Established in 1951, Kansai Electric Power Company, Inc. (KEPCO) is one of Japan’s leading integrated energy providers, dedicated to delivering safe, reliable and sustainable energy solutions. Headquartered in Osaka, Japan, the company supplies electricity and energy services to over 13 million customers while driving innovation across the energy sector.
Guided by its corporate mission to contribute to society through a stable energy supply and environmental stewardship, Kansai Electric is advancing the transition toward a zero-carbon future under the Kansai Electric Power Group Zero Carbon Vision 2050. The company aims to develop 5 million kW of new renewable energy capacity domestically by 2040, reaching a cumulative total of 9 million kW, and will continue to contribute steadily to the realisation of a carbon-neutral society by expanding its renewable energy business and promoting the sustainable and stable supply of clean energy.
Beyond power generation, KEPCO is also engaged in telecommunications, real estate, and community development, leveraging its diverse expertise to create lasting social and economic value.
To learn more about Kansai Electric Power Company, please visit https://www.kepco.co.jp/english/
For media enquiries, please contact:
Sara Dymond, Group Communications Director, Simply Blue Group
Sara.dymond@simplybluegroup.com
+353 86 1044011