Wilhelmsen Invests US $500m for Renewables

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Wilhelmsen wishes to re-designs the organisation of the group portfolio to intensify growth of maritime services and renewable energy and decarbonisation, says an article published on their website.

CEO of Wilhelmsen on their investment

Our strategy is very clear, we will contribute to the energy infrastructure transition and be an active player in decarbonisation,” says Thomas Wilhelmsen, group CEO at Wilhelmsen. 

He talks about the uniqueness of Wilhelmsen saying, “What makes Wilhelmsen unique to me, is our ability to continuously adapt to our surroundings whether that is because of customer needs, new regulatory requirements, or technological opportunities and that has enabled us to thrive for 160 years.

Wilhelmsen on the importance of segment-specific structure

Wilhelmsen says, “In the next few decades, we will see a tremendous shift from oil and gas to renewable energy. The speed of change and investments needed, requires a dedicated focus to capitalise on the opportunities which will arise.

Wilhelmsen further says, We will obviously build on our existing competencies, in-depth knowledge of the maritime industry, and what differentiates us from many players in the market, while exploring new opportunities and new partnerships. We want to establish a strong growth platform for solutions that will contribute to decarbonise our industry.

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Source : Wilhemsen