05 Feb 2025 12:30 CET

Issuer

Integrated Wind Solutions ASA

Integrated Wind Solutions ASA (“IWS”) is pleased to announce that its
subsidiary, IWS Fleet AS, has secured a fixed nine-month charter contract plus
up to three months options for the Commissioning Service Operation Vessel
(“CSOV”) IWS Starwalker.

IWS Starwalker is the fourth out of the six Skywalker class CSOVs. The charter
is scheduled to commence in mid-February 2025 for an existing client. Based on
the latest reported backlog as of Q3 2024, this contract represents about a 15%
increase in the value of the backlog.

Christopher Andersen Heidenreich, COO and Managing Director of IWS Fleet,
commented:

“We see this charter contract for IWS Starwalker as confirmation from our core
Tier 1 client that the Skywalker class vessels and their crew are performing to
the highest standards regarding performance and reliability. We remain dedicated
to delivering high-quality services to developers and owners of offshore wind
farms during both the construction and operation phase of the offshore wind
farms.”

For investor relations queries, contact

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

For press queries, please contact

Lars-Henrik Røren
CEO Integrated Wind Solutions
Phone: +47 98 22 85 06
E-mail: lhr@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. 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.

Integrated Wind Solutions ASA is listed on Euronext Oslo Børs under the ticker
“IWS”.

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


Source

Integrated Wind Solutions ASA

Provider

Oslo Børs Newspoint

Company Name

INTEGRATED WIND SOLUTIONS ASA

ISIN

NO0013461350

Symbol

IWS

Market

Oslo Børs