- Business
- Edda Wind ASA Edda Wind ASA develops, builds, owns, operates and charters purpose-built service operation vessels (SOVs) and commissioning service operation vessels (CSOVs) to support the commissioning and operations of offshore wind farms worldwide; its fleet includes two SOVs and seven CSOVs with three additional CSOVs under construction, all designed with battery hybrid propulsion systems for at least 30% greenhouse gas reductions versus prior-generation vessels and prepared for zero-emission operations using technologies such as liquid organic hydrogen carriers or methanol; the vessels feature motion-compensated gangways, high-capacity cranes, efficient deck layouts, single-occupancy cabins for technicians and advanced safety systems to enable personnel and cargo transfers in harsh offshore conditions. Founded in 2015 in Haugesund, Norway, by the Østensjø Group and later partnered with Wilhelmsen in 2020, Edda Wind ASA operates from its headquarters at Spannavegen 152 in Haugesund, serving clients including Siemens Gamesa and Vestas across global markets with a focus on the North Sea and expanding offshore wind regions; the company emphasizes full-service delivery encompassing vessel operations, crewing, maintenance and sustainability innovations in collaboration with shipyards and energy firms. In 2025, Edda Wind ASA commenced new long-term charter contracts for its Nordri Enabler, Sudri Enabler and Vestri Enabler vessels with new clients, reinforcing a booked utilization rate exceeding 85% for the year amid rising tender activity and day rates; it completed the sale of the Mistral Enabler CSOV in April following the prior divestiture of its sister vessel Edda Passat in 2024 to streamline its modern, emission-ready fleet; major shareholders Geveran Trading Co Ltd, Wilhelmsen New Energy AS and EPS Ventures Ltd launched an unconditional mandatory cash offer in late April at NOK 23 per share, culminating in a compulsory acquisition and delisting from Oslo Børs by June 2025, after which the company operates as a private entity owned by these investors.