– Føn Energy Services and C-Ventus are merging to create a leading European offshore wind operation and maintenance (O&M) player
– Føn Energy Services brings financial strength and experience in the North Sea, while C-Ventus offers a scalable operating model and expertise in project management
– The transaction involves Føn Energy Services acquiring 100% of the shares in C-Ventus from DISA International, with DISA controlling 22.67% of class A shares in the company
Føn Energy Services and C-Ventus have partnered to become a leading European operation and maintenance (O&M) player within offshore wind. Føn Energy Services, backed by Norwegian group IKM and Akastor, has three decades of experience and operations across Europe. C-Ventus, a Dutch company, specializes in O&M services for offshore wind farms, offering project management, engineering, and a network of experienced technicians. The joint plan is to apply C-Ventus’ operating model to Føn Energy Services for geographical expansion across Europe. The transaction involves Føn Energy Services acquiring 100% of C-Ventus’ shares from DISA International, with DISA becoming a shareholder in Føn Energy Services alongside IKM and Akastor. Following the merger, C-Ventus will operate under the Føn Energy Services brand. Both parties aim to strengthen their O&M services while scaling up their business in a cost-efficient manner. The partnership is expected to create a stronger presence in the European offshore wind market, benefiting clients like Vestas, Vattenfall, and RWE. For more information on this collaboration and other renewable energy industry news, readers can visit the Energy Global website.