Eurazeo, European investment group, has announced its leadership in the €70 million fundraising effort for MPC OSE Offshore, a platform dedicated to Offshore Service Vessels (OSVs) designed to support offshore wind farm operations. This initiative, in partnership with MPC Capital AG, OS Energy GmbH, and a major European family office, marks a significant step in advancing the infrastructure needed for the growing offshore wind industry.
This investment represents the seventh commitment of Eurazeo’s Transition Infrastructure Fund (ETIF), a sustainable investment strategy focused on the transition to a low-carbon economy. With a commitment to accelerating the energy transition, this move aligns with Eurazeo’s broader goal of supporting the expansion of offshore renewable energy.
Martin Sichelkow, Partner and Co-Head of Infrastructure at Eurazeo, expressed enthusiasm about the investment: “We are delighted to make ETIF’s seventh investment in MPC OSE Offshore and foresee the company playing a key role in servicing and supporting the European offshore renewable energy industry. The quality of the partners and the market’s growth prospects make this company pivotal to the development of offshore wind energy in Europe.”
The new platform, MPC OSE Offshore, was launched as a joint venture between MPC Capital and OS Energy, focusing on the development, construction, and management of service vessels tailored specifically for offshore wind farm operations. These specialized vessels are critical to maintaining and servicing the increasing number of offshore wind projects across Europe.
Constantin Baack, CEO of MPC Capital AG, commented, “We are thrilled to collaborate with top-tier investors who are dedicated to infrastructure investments in the energy transition sector. This partnership is a perfect fit, as it allows us to offer a unique investment platform in a rapidly growing market. Together, we look forward to servicing the expanding offshore renewable energy industry.”
MPC Capital, with over €4.8 billion in assets under management, has a long-standing track record of managing investments in maritime and energy infrastructure. The company plays an integral role in facilitating sustainable investments and contributing to the achievement of global climate goals. As part of the investment, Eurazeo’s participation in MPC OSE Offshore is backed by the European Union’s InvestEU Fund.
MPC OSE Offshore is expected to be a crucial player in the offshore wind sector, helping to meet the growing demand for clean energy and support the EU’s climate ambitions.
Source: www.eurazeo.com
