Windward Offshore has announced that Marubeni Corporation has become a 25.1% shareholder in the company. Windward Offshore, a provider of offshore wind service vessels, is currently constructing a fleet of four Commissioning Service Operation Vessels (CSOVs) at VARD shipyards.
The acquisition was finalised through a new equity raise by Windward Offshore to support future growth, with Marubeni Corporation purchasing the new shares via a wholly owned subsidiary. Marubeni Corporation is one of Japan’s five major trading houses (sogo shosha) and is active in the global energy sector, including offshore wind project development in Europe and Japan.
