MPC Capital has raised €70m for its new offshore service vessel investment platform, with contributions from investors, including a fund managed by European investment firm Eurazeo.
MPC Capital said the recently launched platform secured equity investment from the Eurazeo Transition Infrastructure Fund (ETIF) and a large European family office. This represents the seventh investment of ETIF.
The platform, created through a partnership between MPC Capital and OS Energy (MPC OSE Offshore), focuses on developing, constructing and managing service vessels specifically designed for operations in offshore wind farms.
Martin Sichelkow, partner and co-head infrastructure at Eurazeo, said: “We are delighted to invest in MPC OSE Offshore, a company set to play a key role in servicing and supporting the European offshore renewable energy industry.
“The quality of the partners and the growth prospects of the market make the company a key component of the development of the offshore wind industry in Europe, facilitating the transition to a low-carbon economy.”
Constantin Baack, CEO of MPC Capital, said: “We are very pleased to work together with top-tier investors which have a dedicated focus on infrastructure investments related to the energy transition.
”It is a perfect fit, as we can offer a unique investment platform in a structural growth market. We look forward to making our investment platform a great success and jointly servicing the quickly evolving offshore renewable energy industry in the coming years.”
In November last year, the asset manager launched the new offshore service vessel investment platform and secured the construction of six offshore survey and service vessels in Denmark.
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