3i seeks profit from US offshore wind boom with long-term Esvagt holding

Private equity firm 3i, an owner of Esvagt since 2015, wants to add even more years to its ownership of the offshore and wind service operator. 3i is confident in "attractive" growth prospects for the offshore wind markets in the US and Europe, the company tells ShippingWatch.

Photo: MHI Vestas / PR

3i has become the sole owner of Danish offshore and wind service operator Esvagt, although the British private equity firm has already been a shareholder in the former Maersk subsidiary since 2015.

"We have no firm timetable for this investment, but we do in general maintain our investments for long periods of time, as shown by this transaction as well, in that we originally invested in Esvagt in 2015," writes a 3i Infrastructure spokesperson to ShippingWatch.

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