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Windtech International January February 2024 issue

 

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CWind has announced its acquisition by Inspirit Capital, a UK-based investment firm. With the acquisition, CWind will transform into a stand-alone entity, no longer affiliated with Global Marine Group.
 
In 2017, Global Marine Group acquired CWind, and the following year, it established CWind Taiwan in partnership with International Ocean Group, a Taiwanese offshore wind services provider. In July 2023, International Ocean Group purchased Global Marine Group’s shares in CWind Taiwan to become the sole owner. CWind completes approximately 60,000 crew transfers annually, utilising their fleet of 12 owned or operated crew transfer vessels (CTV).
 
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