Eneti will draw on US institutional capital to become a major player in offshore wind

The former Scorpio Bulkers is betting on US investors to raise capital for the rapidly growing wind market. Decade-long experience in raising capital and contracting newbuilds could make the company a major player, states Managing Director David Morant.

On of the so-called Offshore Wind Turbine Installation vessels from Danish Cadeler who is banking on the growing market as well. | Photo: Cadeler A/S

Former Scorpio Bulkers, now Eneti, will seek out US investors in particular to attract capital to seize the fast-growing market for offshore wind vessels.

For Eneti, it is "the right time and the right place," managing director David Morant says regarding the company's motivation to enter the expanding market, expected to grow significantly in coming years.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs