HEA Energy has priced its inaugural USD 550 million (around EUR 480 million) senior secured bond, with the proceeds set to support the expansion of its offshore wind vessel fleet, including the continued build-out of its self-propelled self-elevating support vessels (SESVs).

The Abu Dhabi-headquartered marine services provider, which operates across the offshore wind and oil and gas sectors, said the transaction was materially oversubscribed and attracted strong demand from a broad base of international institutional investors.