Edda Winds IPO awarded Marine Money’s “2021 Deal of The Year Offshore”
Edda Wind, together with DNB Markets, ABG Sundal Collier and Clarksons Platou Securities, is thrilled to receive Marine Money’s award for “2021 Deal of the year Offshore”. It was described as a smooth and seamless transaction ticking every box having an operating platform with contracted cashflow within the renewable energy sector, as well as strong cornerstone investors and a clear use-of-proceeds story.
Further they said : “The offshore wind market is fast moving, capital intensive, and requires significant investments. Edda Wind demonstrates the large investor appetite for green investment opportunities that meet investor criteria. Being an early mover and market leader in service vessels for the offshore wind industry, Edda Wind offers pure exposure to the burgeoning offshore wind sector, and this milestone transaction positions it for further growth and market leadership”
It is encouraging and inspiring that Edda Wind’s IPO receives this award following the substantially oversubscribed transaction. We see this as a testament to the attractiveness of our company in the capital markets as well as our ability to scale to meet the growing demand. The execution of the transaction benefited from a constructive cooperation from all involved parties, says Kenneth Walland, CEO.
Marine Money Q1 2022Download