News from ZITON

ZITON & RWE sign offshore O&M agreement

ZITON & RWE sign offshore O&M agreement

Framework deal will support RWE’s fleet of offshore wind farms  The long-term partnership includes vessel, lifting and auxiliary services Four year deal will standardise RWE’s approach towards main component exchanges ZITON A/S and RWE Offshore Wind have entered into...

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New ownership and debt restructuring in place

New ownership and debt restructuring in place

New ownership and debt restructuring in place As communicated in stock exchange announcement dated 15 September 2022, ZITON A/S ("ZITON"), completion of the debt restructuring was subject to approval of the resolution and to certain conditions precedent and regulatory...

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ZITON secures a long-term and viable capital structure

ZITON secures a long-term and viable capital structure

ZITON secures a long-term and viable capital structure We are pleased to inform that our lenders and shareholders have reached an agreement which will significantly improve the capital structure and liquidity of ZITON. The solution includes an extension of our loans...

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ZITON invests in ‘APS-system’

ZITON invests in ‘APS-system’

An investment in a smarter way of working ZITON are pleased to share, that we have invested in an ‘APS-system’ from HVSA. An investment that puts an end to controlling materials by hand-held taglines and allows us to handle blades up to 63 meters in the most...

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Ørsted extends framework with ZITON

Ørsted extends framework with ZITON

Ørsted extends framework agreement In March 2019 ZITON and Ørsted entered into a three-years framework agreement. During the last three years ZITON has completed in excess of 100 major component replacements at various Ørsted sites. Ørsted has exercised their right to...

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ZITON engages EVERCORE to explore strategic alternatives

ZITON engages EVERCORE to explore strategic alternatives

ZITON A/S (“ZITON” or the "Company"), the market leader in offshore wind operations and maintenance(“O&M”) for major component replacement (“MCR”) services within Europe, announced today that its Board of Directors has engaged Evercore to act as financial advisor...

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