Company: Aurora Energy Services, Encomara
Business Type: Offshore equipment
UK & International Business Sales and M&A News
Aurora Energy Services has acquired Encomara, a specialist in floating wind deployment systems and subsea engineering, providing significant investment to support the roll-out of its flagship mooring connection technology.
This acquisition reinforces Aurora’s strategy to support the energy transition through investment in enabling technologies that support Net Zero goals and experienced leadership, and it supports the delivery of integrated offshore wind solutions across its international portfolio.
Encomara was formed in 2022 in Aberdeen, Scotland, and specialises in offshore wind energy projects, bringing together industry experts with extensive experience in marine, vessel, renewables, and subsea sectors to examine, understand and solve the project execution challenges associated with the commercial-scale deployment installation of floating wind structures.
Inspired by the fixed offshore wind sector’s ability to scale-up successfully, Encomara’s approach mirrors this by enabling high operability installation, high-volume manufacturing of standardised hardware, and pre-installation of all marine and subsea interfaces.
The company’s innovative SQUID system is a proprietary quick-connect system that integrates pre-installed mooring and electrical connections in one modular subsea unit, designed to reduce the cost, time, and risk associated with the deployment, recovery and reconnection of floating offshore wind turbines.
By allowing tow-to-port strategies and decoupling installation phases, SQUID significantly de-risks offshore construction and O&M campaigns, offering major gains in safety, schedule, and repeatability. It also facilitates future multi-use infrastructure strategies, including dynamic inter-array systems and hybrid generation models.
Following a significant research and development investment, the firm’s pioneering SWIFT (Strategic Wind Infrastructure) ethos uses SQUID to provide a comparable level of installation efficiency and cost savings for the floating wind sector.
The technology allows for the pre-installation and pre-commissioning of all moorings and power cables, enabling rapid connection and earlier first power from multiple turbines.
Ian Donald, Executive Chairman of Encomara, said:
“Aurora’s ambition and capability give Encomara the ideal platform to accelerate our roadmap and bring the SQUID system to more markets, more quickly. Together, we can industrialise floating wind deployment while staying focused on innovation, safety, and engineering quality.”
Ian Donald – Executive Chairman of Encomara
Aurora, established in 2022 and headquartered in Inverness, Scotland, now operates across 11 international bases in the UK, United States, Australia and South America, providing fabrication, subsea engineering, technical manpower, inspection, integrity, and specialist access services to clients across renewables, conventional energy and decommissioning.
Doug Duguid, Aurora Energy Services’ CEO, commented:
“Encomara’s SQUID system is a step-change in floating wind development and this acquisition aligns perfectly with our technical strategy. SQUID allows operators to modularise and industrialise offshore construction and combined with our fabrication and engineering capability, it gives Aurora a unique position in the market.
“We are committed to providing key investment in the SQUID system to develop prototypes, in extensive offshore testing and roll-out to market, as we believe this is a true game-changer and it supports our ambition to lead in the energy transition.”
Doug Duguid – Aurora Energy Services' CEO
Encomara’s UK-based team will relocate to Aurora House in Dyce, Aberdeen, maintaining its brand and product identity while benefiting from Aurora’s global infrastructure and client network.
Its consultancy business, which offers specialist advice on floating wind, mooring systems, and subsea field development, will continue to operate as normal but now has access to greater scale, resource and reach.
The integration of Encomara’s leadership team into Aurora is also central to the acquisition. Executive Chairman Ian Donald and CEO Raymond Semple will join Aurora’s board and executive leadership team, with Semple assuming the role of Chief Operating Officer, based at Aurora’s Houston office, while Ecomara’s Chief Technology Officer Malcolm Bowie will continue in the same role in Aurora.
Current Aurora COO Tom Smith will take on a new role as Regional Director for EAME (Europe Africa and Middle East) to harness growing market opportunities and will continue as a member of the executive board.
Ian Cobban, Co-founder of Encomara, concluded:
“I’m very excited to see the Aurora and Encomara teams move to commercialise the SQUID system, which will become a key part of the new Floating Offshore Wind (FLOW) delivery model.”
Ian Cobban – Co-founder of Encomara
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