In July 2021, NorthCape assisted a client with the financing of 3 x large offshore wind service operation vessels (“SOV”).

In July 2021, NorthCape assisted a client with the financing of 3 x large offshore wind service operation vessels (“SOV”).

In July 2021, NorthCape assisted a client with the financing of 3 x large offshore wind service operation vessels (“SOV”).

The first SOV was delivered Q4 2021 directly into a multi-year time charter with a leading European renewable energy company. The SOV’s are hybrid-electric vessels that offers best-in-class environmental performance, and is zero emissions ready with future larger battery/charging and fuel cell options. A leading Norwegian ship owner and manager will provide technical and commercial services for the vessels.

These environmentally-advanced SOV’s are well aligned with NorthCape’s ambitions to contribute to de-carbonise the maritime industry.