Aker Offshore Wind further increases stake in Principle Power

Norway’s Aker Offshore Wind has further increased its ownership in offshore floating wind company Principle Power from around 39% to 47%. Aker, via subsidiary Vestavindar Offshore Wind, signed a binding share purchase agreement for around 8% of Principle Power which will be funded by Aker Offshore Wind’s existing financial resources. Last month, Aker exercised an …

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