Norseman Wind AS capital raise for a large-scale offshore wind farm in the North Sea.

Arctic Securities acted as financial advisor to Norseman Wind AS in relation to the initiation of a consortium and capital raise to develop a large-scale offshore wind farm in the North Sea.

In partnership with ASKO Fornybar/Norgesgruppen and Energie Baden-Württemberg AG (EnBW), Norseman Wind aim to develop a subsidy-free 1.4 GW wind farm and grid infrastructure – a project that is expected to require investments of c. NOK 30-35 bn

If successful in securing the concession, Norseman Wind AS will become pioneers of the Norwegian offshore wind era, launching the first large-scale bottom-fixed and subsidy-free wind farm in the Norwegian part of the North Sea

We are grateful for the vote of confidence and congratulate the consortium for their successful transaction.

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