Edda Wind ASA: New contract for Edda Passat

22 Sep 2023 08:03 CEST

The Service Operation Vessel (SOV) Edda Passat has operated for Ørsted at Race
Bank Offshore Wind Farm since it was built in 2018. The charter is expiring in
October 2023.

Edda Wind is pleased to announce that it has entered into an agreement with
Vestas for a short-term charter for the majority of Q4 (including options) at
rates significantly above the previous contract.

“We are pleased to secure a new contract for Edda Passat with another industry
major and further demonstrate the capacity of the vessel for walk-to-work
assignments The offshore wind market has developed favorably, and we are
satisfied that the new rate reflects this.” says Kenneth Walland, CEO of Edda
Wind.

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 two
CSOV and has nine dedicated offshore wind vessels under construction – one SOV
and eight CSOVs. All newbuild vessels are prepared for zero-emission utilising
liquid organic hydrogen carrier and/or methanol as an energy source.

Read more: www.eddawind.com

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