Venterra Group, a leading provider of offshore wind services, solutions and technology, has secured £40 million in new equity funding in support of its business and growth strategy. The raise has been backed by several of its existing key investors, including General Atlantic’s BeyondNetZero and First Reserve, as well as several other shareholder investors, including Venterra founder Ayman Asfari.

Ed Daniels, CEO of Venterra Group, said: 
“This raise is a powerful endorsement of Venterra’s strategy and the expertise of our people. We are scaling a world-class offshore wind services platform that removes friction for developers, accelerates schedules, and drives performance across planning, engineering, installation and operations. This funding enables us to strengthen capabilities, invest in innovation, and deliver even greater value to our clients as we advance the energy transition.”

Founded in 2021, Venterra has acquired specialist companies to provide seamless solutions across survey, engineering, construction and installation services. Over the past three years, the Group has established its presence in the UK and Europe with offices across England, Scotland, Ireland, France, Germany, the Netherlands and Poland, as well as expanding into the US and Asia-Pacific markets (Japan, Taiwan and South Korea), growing to over 850 employees, and supporting 90GW of energy capacity worldwide.

Offshore wind is forecast to grow significantly over the next decade, and Venterra’s joined-up model offers a compelling proposition for developers and other industry stakeholders seeking efficiency, reliability, and innovation.

KeyFacts Energy Industry Directory: Venterra Group