'Under different market conditions we would have thrived': executive mourns closed Kontiki Winds
Development operation shuttered as Norwegian parent focuses on installation business
A former senior executive with Kontiki Winds said the early-stage developer could have “thrived under different market conditions” after it was shut by Norwegian parent group Havfram.
Havfram said late last week it would close Kontiki and focus solely on its offshore wind transport and installation operations.
The company said the decision came “after a comprehensive assessment of its overall business strategy”.
