Viana -based Casselo based Gazelle is the power of airThe next generation floating offshore air platform technology developer, Banco in Portugal’s sovereign bank has earned an additional $ 2 million in investment from Portuguus de Facto.
The fund was broader through the Deal-by-Dill co-investment program, which has taken the total investment raised for its ‘Nao Azul’ pilot project to $ 1.5 million. Investors like Teresa Fiaza (BPF CIO) and Stefan De Mors (Co-Founder, Index Capital Partners) have continued to support Gazel’s mission.
“Banco Votes a View Strong Possesses to Unlock Our floating Air Platform and Opportunity to Unlock Our floating Air Platform like Banco Portuguus de Fumento“Said SaladCEO of Gazel Wind Power. “This investment as a strategic player in the renewable power sector strengthens the position of Gazel air power Portugal. With the NAU Azul project, we have focused on legalizing our technology and displaying a cost-competitive solution that can make a scale for greater deployment.“
Established in 2021, the Gazel air focuses on the development of the new generation floating platforms for offshore air energy, which is aimed at producing air energy in deep water with less effective, accessible and low environmental impact on marine ecosystem.
Gazel’s solution has become a standard for industry with a design that aims at low cost, enables local materials, uses pre-existing port infrastructure and incorporates ship building with the Modular Assembly. The floating platform is reported to have provided high durability and easy transport, installation and maintenance while preserving fragile marine environment.
This new investment will allow Gazel to strengthen its position as a strategic player in the natural scene of global renewable energy, strengthen its operational structure, expand its technical team and move forward with the ‘Nao Azul’ pilot project in Viana Do Caselo.
‘Nao Azul’ is a demonstration project that will allow Gazel to test their advanced air floating platforms in the true offshore situation near Aguadaura in Portugal. According to Gazelle, this project represents a significant progress in offshore air power technology, which shows how a new generation of floating platforms can make the renewable energy more expensive and scalpable.
For Teresa FaizaBPF’s main investment officer: “This investment strengthens our commitment to sustainable technical solutions with high economic impact. Gazel supports air strength, we contribute to accelerate energy change in Portugal and strengthen our country’s position as a center of innovation in clean energy, creating a worthy job and sustainable development of the blue economy.“
The next generation of Gazel’s floating offshore air platform addressed critical industrial challenges like complex supply chain logistics, limited suitable installation sites, the explosion of the transplant platform of the marine ecosystem during the expenditure of the electricity.
Stepan de MoraceThe co-founder and management of the Indico Capital Partners added the general partner: “A full-scale demo of the Gazel Sea is progressing on the mission to launch Nao Azul. This investment by BPF takes the company closer to the implementation of the launch. We are looking forward to seeing it successfulThe “
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