BlueFloat Energy founder and CEO to step down

The chief executive officer and founder of Spanish offshore wind developer BlueFloat Energy has decided to step down from his role.

BlueFloat CEO Carlos Martin Rivals revealed via social media that his time at the company has come to an end.

“After careful thinking, I’ve concluded that it is the right moment to turn the page on my role in the company I founded with the support from 547 Energy and Quantum Capital Group in 2020 and move forward to explore other opportunities,” he said on LinkedIn.

He has not revealed any timeline for his departure or what his next steps be but he has stated that he plans to keep contributing to the floating wind industry.

During his tenure, the company grew its portfolio to over 13GW of advanced projects in the UK, Australia, Italy, and Spain, including 11GW of secured exclusive seabed leases that are on track for FID by 2028-32.

Rivals also spearheaded the company’s efforts in securing over 6GW in competitive tenders, including projects in Scotland and the Gippsland Dawn project in Australia.

He was also responsible for securing EIA approval for the Winds of September project in Taiwan as well as submitting EIA for the Odra and Kailia projects in Italy.