MPC Capital secures funds for offshore service vessel joint venture

French private equity firm and investment group Eurazeo and a large European family office have invested in MPC Capital’s recently launched platform for offshore service vessels.

The platform was initiated by a joint venture of MPC Capital and O.S. Energy – named MPC OSE Offshore – created late last year to develop, build, and manage service vessels which are specifically designed to operate in offshore wind farms.

Paris-based Eurazeo holds a diversified portfolio of €35bn ($36.6bn) in assets under management, including €23bn ($24bn) from third parties, invested in more than 600 companies.

Its equity investment is made by the Eurazeo Transition Infrastructure Fund with a sustainable investment strategy focusing on the transition of essential infrastructure to a low-carbon economy. This operation also benefits from support from the European Union under the InvestEU Fund.

As a result, MPC Capital was able to complete its €70m ($73.2m) fundraising for MPC OSE Offshore with Eurazeo as a lead investor.

MPC OSE Offshore has already commissioned the construction of its first purpose-built offshore survey and service vessel at the Danish Esbjerg Shipyard and secured the option for five further units.

Delivery of the first vessel is expected in the first half of 2026. The total investment volume of the newbuilding series of six vessels is around €130m ($136m).