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Wilh. Wilhelmsen ASA

Major Shareholding Notification • Mar 8, 2021

3790_rns_2021-03-08_5145522d-580b-4a98-b8bd-fabb488babec.html

Major Shareholding Notification

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Wilhelmsen takes a bigger stake in Edda Wind

Wilhelmsen’s ambition is to be a player in renewable energy and decarbonisation. Building on this ambition, Wilhelmsen acquired 25% of Østensjø Group's expanding offshore wind company Edda Wind in September 2020. The agreement included an option to buy another 25% before June 2021. The option was exercised on 8 March 2021.

“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,” says Thomas Wilhelmsen, group CEO.