Brussels-listed DEME has signed an agreement to acquire Havfram, an international offshore wind contractor based in Oslo.
The total transaction value is approximately €900m ($1bn), DEME said in a statement.
DEME’s chief executive, Luc Vandenbulcke, said: “DEME’s investment in Havfram underscores our unwavering belief in the immense potential of offshore wind infrastructure as a key element in the global energy transition.
