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Norwind expands offshore wind fleet in major vessel deal

Norwind Offshore has doubled its fleet by completing the acquisition of six commissioning service operation vessels (CSOVs) from Edda Wind. The transaction was completed in partnership with Navigare Capital Partners.

The newly added vessels have either recently been delivered from the shipyard within the past year or are in the final stages of delivery, ensuring they are equipped with the latest technology and operational capabilities.

These CSOVs, featuring the advanced Vard 4 25 and SALT 0217 designs, are purpose-built to serve the global offshore wind industry and support the development of renewable energy projects worldwide.

“It is not just about the scale – it is about readiness. By adding these modern tonnages to our fleet, we strengthen our platform and ability to better support our customers and the offshore wind market in general,” said Svein Leon Aure, CEO of Norwind Offshore.

Following this transaction, Edda Wind will own only one SOV, which will also switch hands when certain conditions are satisfied later in the year. This is anticipated to occur in the fourth quarter of 2026.

Edda Wind entered into agreements in early March to sell its entire fleet of SOVs and CSOVs, including units under construction, to North Star and Navigare Capital Partners.

Edda Wind was taken private in June 2025 by a consortium including John Fredriksen’s Geveran Trading, Idan Ofer’s EPS Ventures, and Wilhelmsen New Energy.

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