Hamburg-based investment and asset manager MPC Capital is entering into the offshore wind service vessel sector with the launch of a new investment platform.
As a first step in building the platform dedicated to maritime offshore assets, MPC Capital has secured the construction of six offshore survey and service vessels (OSSV).
With a total investment volume of €130m, the vessels are constructed at Esbjerg Shipyard in Denmark with an expected delivery schedule between 2026 and 2028.
The OSSVs will primarily be deployed in offshore wind farms in the North Sea and Baltic Sea. Their technical specifications make them suitable for a wide range of applications throughout the lifecycle of offshore wind farms as well as other offshore employment cases.
The vessels will be equipped with propulsion technology that enables CO2-neutral operation. Furthermore, MPC Capital will provide investment and commercial management services and will co-invest in the new investment platform.
For the development and operation of the project, MPC Capital has partnered with O.S. Energy, a German specialist in offshore projects and services.
As reported, debt financing for the first vessel under construction is being provided by Ostfriesische Volksbank, Leer.
Constantin Baack, CEO of MPC Capital AG, said: “Offshore wind services represent a significant structural growth market, and we are excited to bring our maritime and energy expertise to this rapidly developing sector. Demand for service vessels is set to grow dynamically, while a limited supply of assets is expected to drive strong momentum and create value for both our company and our partners”.
