2023-10-18 08:05:28 ET
- Eneti ( NYSE: NETI ) Wednesday said that Seajacks UK Limited, a wholly-owned subsidiary of the company, has signed a contract with an undisclosed client to assist with the installation of wind turbines.
- With mobilization commencing in 2024, the contract will be performed by the company’s NG14000X-class vessel, “Seajacks Scylla”.
- Inclusive of mobilization and demobilization, the engagement is expected to be between 442 and 655 days and generate about $113 million to $167 million of gross revenue. There are no material project costs or transit costs related to the contract.
- Shares of Eneti, which provides installation and maintenance vessels to the offshore wind sector, were up +1.82% premarket to $10.05.
- Source: Press Release
For further details see:
Eneti signs contract for Seajacks Scylla