The Project to develop the Lupiae Maris 525MW floating offshore wind farm in Italy

Galileo, the pan-European renewable energy development platform, and Hope Group, the Apulia-based player active in the design of renewable energy and hydrogen plants, have created a joint venture to develop a 525 MW floating offshore wind project in Apulia, Italy. The Project and joint venture are called Lupiae Maris, from Lupiae, the ancient Roman name of the nearby town of Lecce.

The Project foresees the installation of 35 innovative floating wind turbines in the Southern Adriatic Sea between Brindisi and Lecce, each with an expected capacity of 15MW. Thanks to the availability of floating offshore wind foundations, which allow access to a deeper seabed than the conventional
fixed-bottom offshore turbines, the plant will be located several kilometers from the coast, at a greater distance than that of conventional offshore projects.

Additionally, the Project’s particular position will also allow the exploitation of a stronger wind
resource – one of the highest in the Adriatic Sea – thus enabling the production of electricity at a
very competitive cost within the Italian offshore wind sector.

Lupiae Maris’s envisaged electricity generation should find plenty of room in the Italian energy mix.
Designed to generate electricity for about 1.5 billion kWh, i.e. the annual needs of over 500,000
households, the plant is expected to replace imports of about 150 million cubic meters of natural
gas each year.

The Project concept was developed entirely in Apulia, and development activities launched in late 2020. Following the completion of environmental impact studies, including those on the seabed, birdlife, mammals, and landscape, in the coming months the Project will be ready to submit the Environmental Impact Assessment (EIA) application. Subsequently, in the first half of 2023, the Company will launch a campaign to make a precise assessment of the wind resource at sea.

“The enormous advancements made by the offshore wind technology in recent years, especially in
Northern Europe, will enable substantial installations also in the Italian seas, generating large
amounts of renewable energy for the country. We are convinced that the Lupiae Maris project
represents a great opportunity to develop new industrial capabilities and an innovative supply chain,
both in Apulia and in the rest of Italy”, affirms Francesco Dolzani, Chairman of Lupiae Maris and
Business Development Director of Galileo in Italy.

“The country has to reach extremely challenging goals in the energy transition and this represents
for Apulia and the South of Italy both a demanding undertaking and an epochal opportunity.
Offshore wind farms and green hydrogen represent the core business of our Group, and are
fundamental elements to succeed in this challenge, in which the engagement of local communities,
their representatives and citizens, which we have involved since the birth of our projects, will be
important and decisive”, explains Michele Scoppio, CEO of Hope. “Participatory design involving the best techniques and technologies, as well as the continuous search for the most advanced know-how, are essential values for the Hope Group” adds Fabio Paccapelo, Chief Technical Officer of the Group and director of Lupiae Maris.

“Italy represents for Galileo a key country to develop new renewable projects in Europe. The country
is rightly diversifying its energy mix with new renewable technologies,such as floating offshore wind.
This technology will have a great future as it doubles the water surface suitable for offshore wind in
Europe, creates the basis for green hydrogen production and will contribute decisively to greater
energy independence of our continent,” says Ingmar Wilhelm, CEO of Galileo.