Eneti Enters Deal For Construction Of One Wind Turbine Installation Vessel

December 2, 2021 2:27 PM | 29 seconds read |

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.