Seraya launches offshore wind vessel company

4C Offshore | Tom Russell
By: 20/09/2022 Seraya
Seraya Partners (Seraya) announced the formation of its third energy transition investment platform, Cyan Renewables (Cyan). It will serve as a pure play offshore wind farm vessel operator in Asia.

Cyan owns, operates, and lease vessels across the offshore wind farm value chain including Crew Transfer Vessel (CTV), Service Operation Vessel (SOV) and Wind Turbine Installation Vessel (WTIV). Cyan is to be led by a team of shipping and renewable energy veterans based in Singapore and Denmark. The team owns and operates vessels to support the full lifecycle of offshore wind farms.

“Offshore wind farms form the backbone of energy transition reducing our dependency on fossil fuels. Asia is starting to develop offshore wind farms and there’s a clear value proposition that Cyan can deliver to end users. We are fully committed to growing Cyan into the world’s first pureplay offshore wind farm vessel operator,”
James Chern, Chairman and Managing Partner of Seraya Partners, commented.

Cyan is Seraya’s third energy transition platform. Founded in 2020, Singapore based Empyrion DC is Seraya’s 100% owned green data centre operator. Empyrion announced a US$ 400 million data centre investment in Seoul this month. In April, Seraya launched Astrid Renew, a US$ 200 million electric vehicle charging network operator in Taiwan. These platforms aspires to deliver next-generation infrastructure solutions.