Partners Group Supports North Star's Fleet Expansion

Partners Group has announced further investment in North Star, enabling the acquisition of four new Service Operation Vessels (SOVs). This move increases North Star's SOV fleet to 14 vessels, marking one of the largest fleets in Europe. The transaction, which closed in April 2026, aims to extend North Star's reach across European markets and enhance its ability to deliver offshore infrastructure solutions.

North Star, an offshore infrastructure services provider based in Aberdeen, anticipates generating around GBP 100 million in EBITDA, reflecting significant growth over the past four years. Since Partners Group acquired North Star in 2022, the firm has rapidly scaled the company's fleet to capitalize on growth opportunities in the offshore wind services market.

North Star also maintains a strong presence with its Emergency Response & Rescue Vessels (ERRVs) platform, the largest in Europe. This dual capability is designed to provide resilient operations and inflation-protected cash flows.