29 Mar 2023 08:26 CEST

Issuer

Edda Wind ASA

EDDA BREEZE commenced the contract with Ocean Breeze yesterday and will operate
at Bard Offshore 1 windfarm north of Germany on a firm period up to April 2032
plus options. Bard Offshore 1 windfarm has 80 wind turbine generators for a
total of 400-megawatt capacity and has been in operation since 2013.

Further, EDDA BRINT has today commenced its long-term contract with Vestas with
a firm period up to May 2037 working on the 1,1 gigawatt capacity Seagreen
Offshore Windfarm at the east coast of Scotland. The 114 turbines will provide
enough green energy to power more than 1.6 million homes. The gangway system
onboard Edda Brint is not yet fully commissioned, and Edda Brint will work on a
reduced dayrate for some weeks until final commissioning is completed.

“As the first of five newbuilds scheduled to enter the market during 2023, this
marks a significant milestone for Edda Wind’s newbuilding program. It has been
a demanding journey to get to this point, and we are grateful for the confidence
of our clients and other stakeholders as well as the efforts of the organization
to get to this point. We now look ahead with confidence as the largest C/SOV
owner/operator in an offshore wind industry which is fast growing globally.”,
says Kenneth Walland, CEO.

For further information, please contact:

Kenneth Walland, CEO Edda Wind
Phone: +47 916 93 418
E-mail: kenneth.walland@eddawind.com

Tom Johan Austrheim, CFO Edda Wind
Phone: +47 982 09 873
E-mail: tom.johan.austrheim@eddawind.com

ABOUT EDDA WIND

Edda Wind is a leading pure play offshore wind service company headquartered in
Haugesund, Norway. The Company develops, builds, owns and operates purpose-built
Service Operation Vessels (“SOV”) and Commissioning Service Operation Vessels
(“CSOV”) for offshore wind farms worldwide.

Edda Wind is creating the next generation of offshore wind service vessels and
works closely with partners to develop new technologies to reduce emissions
without compromising operational capabilities or cost competitiveness.

The Company owns and operates three purpose-built offshore wind SOVs and one
CSOV and has ten dedicated offshore wind vessels under construction – one SOV
and nine CSOVs. All newbuild vessels are prepared for zero-emission utilising
liquid organic hydrogen carrier as an energy source.

Read more: www.eddawind.com


Source

Edda Wind ASA

Provider

Oslo Børs Newspoint

Company Name

EDDA WIND ASA

ISIN

NO0010998529

Symbol

EWIND

Market

Oslo Børs