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Our history

Our track record as Flotation Energy spans just five quick years, but our expertise and our commitment to excellence go much, much deeper.

Flotation Energy was founded in Scotland in 2018 by Allan MacAskill and Nicol Stephen.  The aim was to advance the immense opportunities offshore wind offers globally. In November 2022 we became part of the TEPCO Group, within its renewable power division.

The team are drawn from a variety of technical and commercial backgrounds.  This enables Flotation Energy to solve complex fixed and floating offshore wind challenges at pace, and with great success.

Our founders, Allan and Nicol developed the biggest commercial floating windfarm in the world – the Kincardine Offshore Windfarm, near Aberdeen in Scotland.

Today, we have a project pipeline of developments spanning over 13GW of power in the UK and internationally.  With vast experience and knowledge in floating and fixed developments, we are already leading experts in offshore wind.


To scroll through the multiple date entries, use the arrows below (< | >).


Flotation Energy founders play an integral role in the development of the Beatrice Demonstrator Project, off the East Coast of Scotland. It was the world’s first deep water, fixed foundation offshore wind project.


The Beatrice Demonstrator is fully commissioned.


SeaEnergy Renewables is formed by Flotation Energy Co-Founder, Allan MacAskill and members of the Beatrice Project.


Having developed over 3GW of offshore wind in Scottish waters, SeaEnergy Renewables is sold to Repsol.


Flotation Energy founders announce intention to develop the world’s first commercial floating windfarm, Kincardine.


Flotation Energy’s APAC entity is formed with in-country teams established in Taiwan, Japan and Australia.