Local and international companies compete for Malta’s first offshore wind farm

Two international companies and one local consortium have officially submitted their qualifications in response to Malta’s first Preliminary Qualification Questionnaire (PQQ) for a floating offshore wind farm, as the country makes the first step towards offshore renewable energy.

Launched in December last year, the PQQ is part of a Competitive Dialogue Process that will ultimately see the award of a concession to design, develop, operate and later decommission Malta’s first floating wind energy project located beyond its territorial waters, within its declared Exclusive Economic Zone (EEZ).

With an expected capacity of around 300 megawatts, the wind farm will also include the operation and maintenance of an offshore substation and export cable system, which will remain under Government ownership. The energy generated will be fed directly into Malta’s national distribution grid.

The following three submissions were received by the deadline:

• Code Zero Consortium – led by SEP (Malta) Holding Ltd, in partnership with Kornelio Energy 1 Limited, M. Demajo (Holdings) Limited, and NMK Renewables Limited

• Atlas Med Wind – led by Italy’s GreenIT SpA, alongside Seatrans Shipping Limited, Central European Advisors Limited, and CI V Transfer Coöperatief U.A.

• MCKEDRIK Sole Member Ltd – a single-entity applicant based in Greece.

Each submission includes detailed documentation outlining the technical and financial credentials of the bidders.

At this stage, no financial offers were requested; the focus is solely on verifying compliance, capability, and relevant experience. Financial proposals will be invited only from bidders who advance past this initial screening.

Ismail D’Amato, CEO of Interconnect Malta, said, “Malta’s commitment to enhancing its capacity of indigenous renewable energy generation takes a significant leap forward as we proceed to the next stage of this competitive procedure. This project represents an important milestone for Malta’s renewable energy sector, as it introduces diversification to the country’s renewable energy portfolio.”

He continued: “It is a key component of Malta’s National Energy and Climate Plan (NECP), which outlines the strategic transition toward a sustainable, decarbonized energy mix.”

The evaluation process is currently underway, and qualifying candidates are expected to be invited to the next phase by early next year. InterConnect Malta is simultaneously finalising the technical and financial criteria required.