Eneti Enters Deal For Construction Of One Wind Turbine Installation Vessel

  • Eneti Inc NETI entered into a binding agreement to construct one Wind Turbine Installation Vessel (WTIV).
  • Eneti exercised an option with Daewoo Shipbuilding and Marine Engineering to construct one WTIV. The contract price is $326 million, and the Vessel delivery in 2Q25.
  • The Vessel is an NG-16000X design by GustoMSC and includes a 2,600 Ton Leg Encircling Crane from Huisman Equipment B.V. of the Netherlands.
  • Price Action: NETI shares traded higher by 2.6% at $7.89 on the last check Thursday.
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