Aker Offshore Wind to increase investment in floating offshore wind

Norwegian company Aker Offshore Wind plans to raise NOK 300 million through a private placement to increase its ownership stake in Principle Power Inc., which operates within floating wind.

BY DAG HOLMSTAD, SHIPPINGWATCH

Aker Offshore Wind, part of Norwegian magnate Kjell Inge Røkke's Aker conglomerate, plans to raise NOK 300 million (USD 33 million) through a private placement to increase its shareholding in Principle Power Inc. (PPI).

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