Integrated Wind Solutions ASA ("IWS") has, through its wholly-owned subsidiary,
IWS Fleet AS, entered into a time charter contract at market terms with TenneT
TSO B.V., a leading European Transmission System Operator owned by the Dutch
government. The charter contract has a minimum duration of 4 months and will
commence after the vessel has been delivered from the shipyard and sailed to
Europe.
Christopher Andersen Heidenreich, COO and Managing Director of IWS Fleet,
commented: "We are pleased to announce our first charter contract with TenneT
for our second vessel, the IWS Windwalker. The vessel will support maintenance
for offshore substations in the Netherlands, demonstrating the ability of the
Skywalker class to cover a range of requirements within offshore wind."
For further information, please contact:
Lars-Henrik Røren
CEO Integrated Wind Solutions
Phone: +47 98 22 85 06
E-mail: lhr@integratedwind.com
Marius Magelie
CFO Integrated Wind Solutions
Phone: +47 920 27 419
E-mail: mm@integratedwind.com
About:
Integrated Wind Solutions ASA offers a fleet of state-of-the-art service vessels
to the offshore wind industry combined with a suite of adhering services to
reduce the levelised cost of energy ("LCOE") for offshore wind. The Company's
first Commissioning Service Operation Vessels ("CSOVs") is in Europe to commence
its first charter contract, and the Company has five additional CSOVs under
construction with delivery in 2024 and 2025. Furthermore, IWS owns the offshore
wind supply-chain service company, IWS Services A/S and has a 30% ownership in
the independent advisor, consultancy, data intelligence and wind farm operator
firm PEAK Wind Group.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.