Ostensjo and Wilhelmsen’s offshore wind vessel outfit Edda Wind is preparing for an initial public offering to list on Euronext Growth.
Edda Wind chair Havard Framnes said: “We believe this is the right timing to commence a process of listing Edda Wind.
“Within the next decade, the world’s need for renewable energy will see exponential growth.
“With our ambitions, this journey will require significant investments to capitalise on the market opportunities ahead of us.”
The company has also ordered two more commissioning service operation vessels (CSOV) in addition to the four vessels it has under construction.
The vessels are specially designed for service operations during the commissioning and operation of offshore wind farms.
The newbuilds will be built at Astilleros Gondan in Spain, with a planned delivery in 2023 and 2024.
The 89.3-metre vessels will function as mother ships for wind turbine technicians as they perform commissioning and maintenance work on turbines.
They will be able to accommodate up to 97 technicians and 23 marine crew onboard.
Both will have motion compensated gangway systems with an adjustable pedestal to ensure safe and optimal connections to the turbines, even in harsh weather conditions.
All six vessels are being prepared for instalment of zero-emission technology and will bring the company’s total fleet to eight.
Edda Wind chief executive Kenneth Walland said: “Ordering two more purpose-built CSOVs will further strengthen Edda Wind’s leading position within offshore wind.
“Tremendous growth is expected in the offshore wind market over the next decades, and Edda Wind intends to be a world-leading provider in this segment.
“It is crucial to be able to deliver quality vessels with predictable delivery times in the wind segment.
“We are very happy to see Gondan as the shipyard for these latest vessels in addition to the vessels they are already building for Edda Wind.
“We know their capabilities well, and the yard has proven to deliver the quality we require within the agreed delivery times.”