Ingka, Oxan, and Avapa to Jointly Develop Two Italian Floating Wind Farms as Hexicon Sells Stake

Ingka Investment, the investment arm of Ingka Group, the biggest IKEA retailer, and France’s Oxan Energy have partnered with Avapa Energy on two floating offshore wind projects in Italy. The combined installed capacity of the Sicily South and Sardinia Northwest offshore wind farms could total 2.45 G