Venterra Group has secured £40m in new equity funding.
The cash has been raised from existing investors including General Atlantic’s BeyondNetZero and First Reserve plus other shareholders and Venterra founder Ayman Asfari.
Venterra said the additional funding would support its business and growth strategy in offshore wind.
The UK-headquartered company has established a presence in Europe, the US and Asia-Pacific markets while also acquiring specialist firms across survey, engineering, construction and installation services since 2021.
“This raise is a powerful endorsement of Venterra’s strategy and the expertise of our people,” said Venterra Group CEO Ed Daniels.
“This funding enables us to strengthen capabilities, invest in innovation and deliver greater value to our clients as we advance the energy transition.”