Search Contact
This page is available in multiple languages
Select Language

Edda Wind lists on Oslo Børs

Back

  • NOK 875 million raised successfully  
  • Market capitalisation of NOK 1.89 billion
  • 183rd listing on Euronext and 63rd on Oslo Børs markets in 2021

Oslo – 26 November 2021 – Oslo Børs, part of the Euronext group, today congratulates Edda Wind on its listing on Oslo Børs Main Market (ticker: EWIND).

Edda Wind is an offshore wind service group of companies headquartered in Haugesund, Norway. Edda Wind’s customer base consists of offshore wind farm developers, operators and original equipment manufacturers. The company provides service operation vessels and high-quality service to the global offshore wind industry, enabling their clients to generate renewable energy to meet the worlds growing energy needs.

Edda Wind represents the 63rd listing on Oslo Børs markets since the beginning of the year, and the seventh listing on Oslo Børs Main Market in 2021.

The company raised NOK 875 million through issuing new shares, excluding the potential exercise of an over-allotment option. In the case of the full exercise of the over-allotment option, the total amount raised will be NOK 1,007 million. The IPO price was set to NOK 30.75, corresponding to a market capitalisation at IPO of NOK 1.89 billion.

Kenneth Walland, CEO of Edda Wind said: “Being listed on the Oslo Stock Exchange is an important milestone for Edda Wind. It would however not have been possible without the support from our owners who launched the company and continue to support us, as well as all staff onboard and ashore and all external parties that have assisted the company. I want to take the opportunity to thank everyone who contributed to making Edda Wind what it is today. This milestone is just the beginning for Edda Wind. With this launching, Edda Wind will have access to the financial backing and support to continue the journey towards becoming a world-leading provider of offshore wind services.”

Edda Wind Ringing bell

Caption: Kenneth Walland, CEO of Edda Wind, ring the bell live at the Oslo Børs market opening. During this traditional bell ceremony, the newly listed company was welcomed by Eirik Høiby Ausland, Head of Listing at Oslo Børs. (Photo: Christopher Fey/ NTB)

About Edda Wind Edda Wind is a pure play offshore wind service group of companies headquartered in Haugesund, Norway. The Group’s customer base consists of offshore wind farm developers, operators and original equipment manufacturers. The Group offers purpose-built offshore wind service vessels to support all work phases in offshore wind farms, including in relation to the commissioning, installation, operation and maintenance of offshore wind turbines world-wide.

Download press release - Edda Wind

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.