Purus announces agreement to acquire Offshore Wind Service Operation Vessel

Purus today announced an agreement to acquire a large offshore wind construction/service operation vessel (“C/SOV”). The C/SOV is currently under construction and will deliver directly into a multi-year time charter with a leading European renewable energy company, beginning early 2022. The C/SOV is a hybrid-electric vessel that offers best-in-class environmental performance and is “zero emissions ready” with future larger battery/charging and fuel cell options. A leading Norwegian ship manager and owner will provide technical and commercial services for the C/SOV.

“This environmentally-advanced C/SOV is well aligned with our mission to de-carbonise the maritime industry, not only in achieving reduced carbon emissions today, but also with the potential to operate with zero emissions in the future,” said Julian Proctor, Chief Executive Officer of Purus. “We are proud to provide this critical marine infrastructure equipment to support the generation of offshore renewable energy.”

“We are delighted to have an agreement to acquire our first C/SOV, marking the first step in achieving Purus’s goal of owning a world-leading fleet of C/SOVs servicing the offshore wind industry,” said Svein Engh, Senior Advisor and a Board Member of Purus. “This is only the start as Purus expects to make additional acquisitions in offshore wind, as well as other maritime sectors, over the next year.”