Crowley Forms New Offshore Wind Venture with Investment Firm

Crowley Forms New Offshore Wind Venture with Investment Firm

Morgan Stanley Investment Management, through Morgan Stanley Infrastructure Partners, is bolstering Crowley Maritime’s offshore wind efforts under a newly formed joint venture that was announced Aug. 24. The move allows Crowley Wind Services Holdings to run the business of offering “end-to-end maritime and logistics capabilities” and lean on the fiscal know-how of Morgan Stanley Infrastructure Partners, which plans to manage the investment funds and have a majority stake in Crowley Wind Services. “The partnership of our two companies will help lead the growth of the wind energy sector and provide clean, renewable energy for the U.S. through high-quality maritime and…
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