IWS: Successful delivery of IWS Starwalker

21 Nov 2024 12:26 CET

Integrated Wind Solutions ASA (“IWS”) has today, through its 74.62% owned
subsidiary, IWS Fleet AS, taken delivery of its fourth CSOV, IWS Starwalker,
from the shipyard China Merchants Industry Holdings Co., Ltd. (“CMI”).

IWS Starwalker is a state-of-the-art Commissioning Service Operation Vessel
(“CSOV”), purpose-built to provide services to offshore wind farms. It is the
fourth of a series of six identical sister vessels, with the remaining two
vessels scheduled for delivery in 2025. The vessels are designed by Kongsberg
Maritime and equipped with the latest generation 3D compensated gangway and
crane systems. The vessels have several “industry firsts”, such as the largest
battery packs in the industry with solar panels for additional charging, and a
novel hull and propulsion design that increases operability and reduces
emissions. The vessels are the first in the industry to have the “DNV SILENT”
notation, which focuses on minimising the impact on marine life below water.

For further information, please contact:

Marius Magelie
Group CFO Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com

About IWS:
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry combined with a suite of adhering services to
reduce the levelised cost of energy (“LCOE”) for offshore wind. The Company owns
74.62% of IWS Fleet AS, which has four Commissioning Service Operation Vessels
(“CSOVs”) delivered and two CSOVs under construction with delivery in 2025.
Furthermore, IWS owns the offshore wind supply-chain service company, IWS
Services A/S and the investment in the independent advisor, consultancy, data
intelligence and wind farm operator firm PEAK Wind Group.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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