Published 2020-09-17 00:00:00
Wilhelmsen acquires 25% of Edda Wind
Østensjø and Wilhelmsen join forces to fast track growth of renewable energy company Edda Wind

The agreement will see Wilhelmsen initially acquire 25% of Østensjø Group’s expanding offshore wind company. Wilhelmsen has also secured an option to buy another 25% before June 2021.

Launched in 2018, Edda Wind owns and operates service vessels supporting the maintenance work conducted during the commissioning and operation of offshore wind parks.
Reflecting the rapid development of the offshore wind market, Edda Wind currently has two vessels in service, and four cutting edge, low-emission service vessels on order with yards. Long-term charter agreements are in place for two of the newbuilds ahead of their expected delivery in 2022. Østensjø Rederi will continue to manage the Edda Wind fleet.

Edda Wind is a provider of purpose-built Service Operation Vessels (SOV) to the global offshore wind market. The Company owns and operates two SOVs, both working on long-term charters. Edda Wind has a newbuild program of two SOVs and two CSOVs (Commissioning Service Operation Vessels) for delivery in 2022. The vessels will be delivered with low emission technology and are prepared for zero-emission. Long-term charters have been secured for two of the newbuilds. The fleet is managed by Østensjø Rederi AS. Edda Wind is a subsidiary in the Østensjø Group.

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