Parkwind owner mulls sale options as ‘entry ticket’ offshore wind favours deep pockets

Offshore wind player Parkwind could be open to a part sell-off amid a “fiercely competitive” industry with ever-larger projects needing hefty capital earlier in their development, said the Belgian company’s owner.

Parent group Virya Energy will assess “possible strategic development options such as partnerships and/or a partial divestment” for its offshore wind activities, conducted via Parkwind, said a statement.


Parkwind is seen as one of the few ‘independent’ offshore wind groups still active in a market increasingly dominated by huge utilities and oil supermajors.

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