Edda Wind prepares for IPO
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...