Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 12 June 2025, the Gwynt Glas joint venture between EDF Power Solutions and ESB was confirmed as the shared ownership and development vehicle for a 1.5 GW floating offshore wind project in the Celtic Sea, when it was selected as a preferred bidder in The Crown Estate’s Floating Offshore Wind Leasing Round 5, establishing the JV as the project’s co-developer and owner.