Article: Norwegian-based shipping company First Olsen Ltd acquires 50% stake in offshore windmill installation solutions developer WindCarrier AS.(First Olsen Ltd acquired with WindCarrier AS)(Brief article)

NORDIC BUSINESS REPORT-3 June 2008-Norwegian-based shipping company First Olsen Ltd acquires 50% stake in offshore windmill installation solutions developer WindCarrier AS(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Bermuda-registered but Norwegian-based shipping company First Olsen Ltd said on Monday (2 June) that it has agreed to invest NOK15m in private placement in the offshore windmill installation solutions developer WindCarrier AS.

The investment gives First Olsen a 50% stake in the new company.

WindCarrier plans to build and operate floating units for installing and ...

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