Edinburgh, 3 November 2025 — DEME, Qair, and Aspiravi have announced an ownership realignment within their ScotWind offshore wind projects, adjusting equity participation to match each company’s technical focus and operational strategy.
Under the new structure, DEME Concessions and Aspiravi International are now joint owners of the Bowdun Offshore Wind Farm, holding 70% and 30% stakes respectively. Qair International has exited the project. Bowdun is a 1 GW fixed-foundation offshore wind farm, optimized for jacket foundations, and will be located about 44 kilometers off Stonehaven, Scotland, in waters less than 70 meters deep. Construction is scheduled to begin in 2031.
In parallel, DEME and Aspiravi have transferred their ownership interests in the Ayre Offshore Wind Farm to Qair International, which has become the sole owner. The Ayre project—located east of Orkney and northeast of Caithness—is based on floating foundation turbines and will provide 1 GW of renewable capacity, enough to supply power to approximately 1.2 million households. Construction is expected to start in 2030.
Although the two projects have undergone ownership changes, the three companies remain partners in Thistle Wind Partners (TWP), their joint venture created under the ScotWind program. TWP will continue to coordinate and support the development of both Bowdun and Ayre as part of Scotland’s offshore wind build-out.
Source: Baird Maritime, Qair press release
