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WILHELMSEN CONFIRMS SUSTAINABILITY STRATEGY BY UPPING RENEWABLES INVESTMENT

WILHELMSEN CONFIRMS SUSTAINABILITY STRATEGY BY UPPING RENEWABLES INVESTMENT

Monday, March 15, 2021 

Wilhelmsen Group says its ambition is to be a player in renewable energy and decarbonisation, and as part of this goal it acquired 25% of stensj Group's expanding offshore wind company Edda Wind.

Following this initial investment in September 2020, Wilhelmsen has now exercised an option to buy another 25% before June 2021.

Thomas Wilhelmsen, group CEO, said: “Edda Wind is a growing company, rapidly expanding its fleet with future-focused emission free vessel technologies. Combined with expected growth in the offshore wind market, and complementing competencies and cultures, this makes up the reasoning for us increasing our shareholding in the company.”

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