North Star and Norwind Offshore acquire ten Edda Wind vessels

North Star and Norwind Offshore completed the acquisition of ten Edda Wind vessels, including six commissioning service operation vessels (CSOVs) and four service operation vessels (SOVs), finalizing the split of Edda Wind’s fleet. North Star acquired four vessels—Goelo Enabler, Boreas Enabler, Nordri Enabler, and Sudri Enabler—along with their existing charter contracts, expanding its operational capacity to 14 vessels across European markets. Norwind Offshore, in partnership with Navigare Capital Partners, took over six CSOVs, including recently delivered units and newbuilds based on VARD 4 25 and SALT 0217 designs, with several already operational and others in final construction stages. The transactions follow Edda Wind’s March 2026 announcement to divest its SOV and CSOV fleet, marking a strategic shift in its operational focus. The deal doubles Norwind Offshore’s fleet and enhances its capabilities in commissioning and operations support for offshore wind farms, while North Star gains immediate operational capacity through deployed vessels. The vessels are currently supporting offshore wind projects in the UK and Europe, with the acquisitions finalized on April 29, 2026.

Counterparts (4)

Buyer

Norwind Offshore

company · 1 deals

Norway-based offshore wind vessel operator and fleet manager specializing in the development, operation, and maintenance of specialized vessels for offshore energy projects.

North Star

company · 1 deals

North Star Infrastructure Partners is a private equity firm focused on investing in mid-market infrastructure assets across North America. The firm targets opportunities in energy transition, digital infrastructure, transportation, and utilities, aiming to create value through active asset management and strategic partnerships.

Seller

Edda Wind ASA

company · 1 deals

Edda Wind ASA is a leading provider of specialized offshore wind service vessels, including Commissioning Service Operation Vessels (CSOVs) and Service Operation Vessels (SOVs). The company owns and operates a fleet designed to support the construction, operation, and maintenance of offshore wind farms globally, focusing on safe and efficient crew and equipment transfer with a strong emphasis on low-emission solutions.

Partner

Navigare Capital Partners

company · 1 deals

Copenhagen-based maritime asset investment fund manager specializing in shipping and offshore wind vessels with $732M AUM across three funds. Founded in 2017 by Maersk executives to accelerate green transition in maritime sector.