Acta Marine in the Netherlands is seeking a co-owner to invest in the company as it expands in the fast-growing offshore wind sector
The company, which operates service operation vessels (SOVs) and crew transfer vessels, and also works in the offshore oil and gas space, said it wants to order two more construction service operation vessels (CSOVs) in the short term, with further expansion plans in the medium term.
To finance this expansion, Acta Marine is looking to raise fresh capital from a new co-owner, who would further develop the company together with shareholder MerweOord.
Acta Marine and MerweOord have initiated what they describe as a “structured process” to invite a long-term partner and co-owner to participate in the expansion of the business. Clarksons Platou Securities has been appointed as financial advisor and Houthoff has been appointed as legal advisors to Acta Marine.
Acta Marine managing director Rob Boer said, “We are in a very strong position to play a major part in servicing the offshore wind industry, which is experiencing tremendous growth.
“Our clients expect reliable, first-class service complemented by the latest technology and vessel capabilities to contribute to the ambitious green footprint of the industry.
“We want to build on our reputation of having a state-of-the-art fleet and excellent services and strive to put our best efforts, our best people and latest technology into the forthcoming fleet expansion.
“Our owners MerweOord are pioneers in the offshore wind industry, having taken Acta Marine to where it is today. They remain fully committed to the company and look forward to welcoming a new partner to jointly support Acta Marine through this next important phase in our growth strategy.”
Acta Marine already has five years of experience of operating purpose-built CSOVs. The company is currently in dialogue with a leading European ship designer to develop a next-generation CSOV.
The company said the newbuilds “will see several operational and environmental improvements, including a further reduced carbon footprint, next-generation fuel readiness, zero emissions in port through enlarged battery systems and shore power connections.”