Pentland Floating Offshore Wind Farm

What Pentland Floating Offshore Wind Farm does

Pentland Floating Offshore Wind Farm is a 100MW floating offshore wind project under development by Highland Wind Limited, located approximately 6 km off the Dounreay coast in Caithness, Scotland. The project evolved from the Dounreay Trì Project (consents granted 2017), which Highland Wind Limited acquired in 2021. Copenhagen Infrastructure Partners P/S (CIP) is the majority owner through funds it manages, with Hexicon AB holding a minority stake. Development is led by Copenhagen Offshore Partners (COP) from its Global Floating Wind Competence Centre in Edinburgh, where Pentland's project team is based.

The project's core technological differentiator is Stiesdal Offshore's TetraSub floating foundation, which Pentland describes as the world's first fully industrialized floating offshore wind concept. The TetraSub is a lightweight, modular steel foundation manufactured as factory-made components and assembled in ports using existing quayside infrastructure, eliminating quayside fabrication. This architecture enables deployment in deeper waters unsuitable for fixed-bottom turbines and is positioned to industrialize floating wind at scale. A floating offshore wind farm of 100MW is intended to power approximately 70,000 homes, offset around 125,000 tonnes of CO2 per year, and deliver £419m of lifetime UK expenditure with a 40–60% UK content target.

Pentland's revenue mechanics rely entirely on a UK Government Contract for Difference (CfD) awarded in the seventh allocation round on 14 January 2026, providing revenue stabilization over a 25-year operational lifespan. The project has no diversified customer base; electricity will be sold to the UK national grid under the regulated CfD framework. The project is pre-revenue and pre-construction as of the input data, having recently secured Section 36 consent (June 2023, varied April 2024), Marine Licences, and institutional capital of up to £150m from the Scottish National Investment Bank, the UK National Wealth Fund, and Great British Energy (each up to £50m, announced 19 November 2025), alongside an earlier investment from Eurus Energy UK (June 2024).

Name

Pentland Floating Offshore Wind Farm

Legal name

Highland Wind Limited

Website

https://pentlandfloatingwind.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Pentland Floating Offshore Wind Farm is a 100MW floating offshore wind project under development by Highland Wind Limited off the Dounreay coast in Scotland, majority-owned by Copenhagen Infrastructure Partners, using Stiesdal's TetraSub technology to supply clean power to ~70,000 homes under a 25-year UK Contract for Difference.

Ownership category

akta.pro rank

Product category

Offshore Wind Energy Generation

NAICS

Wind Electric Power Generation (221115), Electric Power Generation (22111)

SIC

Engines & Turbines (3510)

akta.pro industry

PRIMARYEUACAFAB

Offshore Wind Power Generation (Fixed-Bottom)

Energy, Utilities & Environment/Electric Power Generation/Wind Power Generation (Onshore & Offshore)

SECONDARYEUAMAOAB

Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts)

Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Renewable Energy Technology Innovation (R&D & Emerging Tech)

Keywords

• Floating offshore wind
• Renewable energy generation
• Offshore wind farm development
• Clean energy infrastructure
• Utility-scale wind power

Headquarters

HQ city

Edinburgh

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D

Revenue model

1. Electricity Generation and Sale: The wind farm generates electricity through floating offshore wind turbines and sells power to the grid under a Contract for Difference (CfD) arrangement with the UK Government, providing stable revenue over the project's 25-year operational lifespan.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Highland Wind Limited develops, owns, and operates the Pentland Floating Offshore Wind Farm, a utility-scale floating offshore wind project located off the Dounreay coast in Scotland. The project uses Stiesdal Offshore's TetraSub floating foundation technology to generate up to 100MW of renewable electricity, sufficient to power approximately 70,000 homes, with revenue secured through a 25-year Contract for Difference (CfD) awarded by the UK Government in January 2026.

Product overview

The Pentland Floating Offshore Wind Farm is a single floating offshore wind project being developed by Highland Wind Limited, majority owned by Copenhagen Infrastructure Partners with Hexicon AB as minority shareholder. The project uses Stiesdal Offshore's TetraSub floating foundation technology and secured a Contract for Difference in January 2026. The project aims to generate up to 100MW capacity to power approximately 70,000 homes, with the project supporting local community through an Education and Training Fund scholarship program.

Differentiator

Problem solved

Functional benefit

Products and services

• Pentland Floating Offshore Wind Farm

Quantifiable outcome

• Powers 70,000 homes with clean energy
• +3 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Copenhagen Offshore PartnerscoreStrategic or Co-development PartnerCOP is CIP's development partner leading project development activities. The project development team is based in COP's Global Floating Wind Competence Centre in Edinburgh.
• Stiesdal OffshorecoreTechnology or IntegrationStiesdal Offshore's TetraSub concept is the floating foundation technology selected for the project - the world's first fully industrialized floating technology offering lightweight and cost-effective floating foundations made of factory-made modules.
• Foundation ScotlandminorStrategic or Co-development PartnerIndependent charity administering the Pentland Floating Offshore Wind Education & Training Fund, which provides scholarships to local Caithness high school leavers pursuing STEM studies.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Hywind Scotland (Equinor): The world's first commercial-scale floating offshore wind farm (30MW), operated by Equinor off Peterhead, Scotland. Most directly comparable peer as a Scottish floating offshore wind project using semi-submersible technology, sharing the same UK regulatory and CfD environment.
• WindFloat Atlantic (Principle Power): 25MW floating offshore wind farm off Portugal using Principle Power's semi-submersible WindFloat platform. Directly comparable as a pre-commercial floating offshore wind project demonstrating an alternative floating foundation architecture in European waters.
• Kincardine Offshore Wind Farm: 50MW floating offshore wind farm off Aberdeen, Scotland, developed by Cobra Group/Flotation Energy using Principle Power WindFloat technology. Closest UK peer by geography and floating-wind maturity stage.
• Hexicon AB: Minority shareholder in Highland Wind Limited and a Sweden-based developer of floating offshore wind projects using its TwinWind multi-turbine platform. Highly comparable as a floating-wind specialist developer and direct counterparty.

Broad incumbents

• Copenhagen Infrastructure Partners (CIP): Majority owner of Highland Wind Limited; CIP is one of the world's largest dedicated renewable energy fund managers (~€16bn AUM) with multiple offshore wind holdings globally. Comparable as the parent platform and as a broad offshore wind investor/developer.
• Ocean Winds (EDP/Engie JV): Joint venture between EDP Renewables and Engie developing fixed and floating offshore wind globally, including UK sites. Comparable as a broad offshore wind incumbent with floating-wind ambitions and a UK footprint.
• Equinor (Hywind portfolio): Norwegian energy major developing multiple floating offshore wind projects (Hywind Tampen, Hywind Scotland, US floating). Comparable as a broad incumbent with both operational and pipeline floating-wind assets.
• SSE Renewables: Major UK utility developer and operator of onshore and offshore wind (including Dogger Bank). Comparable as a UK-headquartered renewable developer with a Scottish/UK pipeline competing for the same CfD rounds.

Emerging players

• BlueFloat Energy: Emerging floating offshore wind developer active in UK, Spain, Australia, and other markets. Comparable as a pure-play floating-wind developer competing for similar UK CfD allocation rounds and pipeline.

Others

• Stiesdal Offshore: Danish technology company behind the TetraSub floating foundation selected for Pentland. Comparable as the technology enabler whose industrialization roadmap is critical to Pentland's cost thesis.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pentland-floating-offshore-wind-farm

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pentland Floating Offshore Wind Farm