MPC Capital secures funds for offshore service vessel joint venture
MPC Capital Secures Funding for Offshore Vessels
French private equity firm Eurazeo and a prominent European family office have invested in MPC Capital’s new platform for offshore service vessels. This initiative, MPC OSE Offshore, aims to develop and manage vessels specifically designed for offshore wind farms. The investment is part of a broader strategy to transition essential infrastructure to a low-carbon economy.
Investment Details and Future Plans
MPC OSE Offshore is a joint venture between MPC Capital and O.S. Energy, established late last year. The partnership focuses on building and managing service vessels tailored for the offshore wind sector. Eurazeo, based in Paris, manages a diversified portfolio worth €35 billion ($36.6 billion), which includes €23 billion ($24 billion) from third-party investments across more than 600 companies.
The investment from Eurazeo comes through its Transition Infrastructure Fund, which emphasizes sustainable investments. This initiative also receives backing from the European Union’s InvestEU Fund, highlighting the project’s alignment with EU sustainability goals. With Eurazeo as the lead investor, MPC Capital successfully completed its fundraising target of €70 million ($73.2 million) for the MPC OSE Offshore platform.
As part of its operational plans, MPC OSE Offshore has commissioned the construction of its first offshore survey and service vessel at the Danish Esbjerg Shipyard. Additionally, the company has secured options for five more vessels. The first vessel is expected to be delivered in the first half of 2026, with the total investment for the series of six vessels projected at around €130 million ($136 million). This strategic move positions MPC OSE Offshore to play a significant role in the growing offshore wind industry, contributing to the transition towards renewable energy sources.
