Inspirit Capital announce the sale of CWind Ltd, a market leader in offshore wind services, to All Energies Services Group (AES Group), a leading provider of sustainable energy solutions.
Founded in 2010, CWind is renowned for delivering comprehensive support to the offshore wind industry, including crew transfer vessels, asset management, and turnkey engineering services. The company has established a robust reputation for innovation, safety, and operational excellence in the UK and across Europe. CWind was divested by Global Marine Group to Inspirit in October 2023, and Inspirit has since played an active role in delivering the carve-out, strengthening the senior leadership team and reestablishing the business as a robust standalone entity.
The strategic acquisition by AES Group marks a significant milestone in their mission to expand its footprint in the renewable energy sector and reinforces its commitment to driving the global transition to clean energy. The integration of CWind into the AES Group portfolio will enhance the group’s capabilities in offshore wind operations, strengthening its position as a trusted partner for the delivery of high-quality, sustainable energy services.
Joseph Browse, Managing Director of CWind, expressed enthusiasm about the acquisition, saying: “This is an exciting new chapter for CWind. Joining AES Group provides us with the resources and strategic support to scale our operations and further strengthen our service offerings to the offshore wind sector. I would also like to extend my heartfelt thanks to Inspirit Capital for their unwavering support in reestablishing CWind as a standalone business. Their guidance and investment have been instrumental in positioning us for this next stage of growth.”
Paul Youens, Investment Director of Inspirit Capital said: “CWind has flourished under our ownership, and we are proud of the strides the company has made in supporting the offshore wind industry. Our primary objective was to successfully carve-out the business and establish it as a standalone entity, creating a strong foundation for future growth. With this achieved, we believe AES Group is ideally positioned to take CWind to new heights, ensuring it continues to play a vital role in the renewable energy transition.”
