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Hexicon creates joint venture with Greek company

4C Offshore | Tom Russell
By: Tom Russell 11/04/2022 Hexicon 

Hexicon has created a Joint Venture (JV) called Hexicon Power SA, in Greece with local company EAMAA. This is a first step to start the development of floating offshore wind projects off the coast of Greece. The joint venture is a starting point for working together on several projects that will complement each other.


“Greece has great potential for floating offshore wind power with some of the best winds in Europe”, said Marcus Thor, CEO at Hexicon.“This is an important strategic move for us. We see great opportunities in Greece as they embark on the journey from fossil-fuels to renewables”, added Thor. 

The project will be led by Mikelis Chatzigakis, CEO of Hexicon Power. Mr. Chatzigakis, has served as a special advisor to the current Vice – President of the conservative party now in government and former Greek Minister of Energy. Also, prior to joining Hexicon, Mr. Chatzigakis was the COO of Cobblestone Energy, a leading British electricity trading firm, and a former management consultant at the Boston Consulting Group (BCG).

The new Chief Executive said: “We hope that Hexicon’s advanced technology in floating wind power will be a strong driving force in supporting Greece’s clean energy future. Our floating wind technology can produce high energy output with limited environmental impact. Greece has enormous opportunities in offshore wind and we are committed to assisting the country reaching its full potential.”


The President of the Board will be Alexander Singer, an investment advisor in Greece and abroad, with 30 years of experience in the field and with a experience in energy investments, specifically in renewables.

Stockholm-based Hexicon was founded in 2009 and has experience developing floating offshore wind projects with other established industry partners in countries such as Korea and Scotland. Hexicon develops wind power projects in deep water areas based on a patented technology for floating wind farms.

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