IWS Boosts Ownership in PEAK Wind Group

Integrated Wind Solutions AS (DE:9UG) has released an update.

Integrated Wind Solutions ASA has increased its stake in PEAK Wind Group ApS from 30% to 49% by exercising an option from their initial investment in 2021, with the additional shares costing DKK 66.5 million. The transaction, to be completed by September 2024, will be funded by IWS’s own cash reserves. IWS, a provider of advanced service vessels and services to the offshore wind industry, continues to strategically expand its portfolio.

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