Offshore wind technology developer Principle received funding from Tokyo Gas, which joined existing investors including EDP Ventures, Repsol and ASM Industries.

Energy utility Tokyo Gas has invested more than $22m in Principle Power, the US-based creator of a floating wind turbine, as part of a collaboration agreement. Principle Power has developed a floating offshore wind turbine intended to be able to function in deeper waters where winds are stronger. It is developing wind projects off the…

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