Eneti is a holding company. Through its subsidiaries, Co. is a company focused on serving the offshore wind and marine-based renewable energy industry through its operation of wind turbine installation vessels (WTIVs). WTIVs are vessels designed for the transport and installation of offshore wind turbines, which are power generating devices driven by the kinetic energy of the wind near-shore or further offshore on coastlines for commercial electricity generation, onto pre-prepared foundations. Certain WTIVs in Co.'s fleet are also employed in the maintenance of existing offshore wind turbines and are also suitable to employment servicing offshore oil and gas installations.
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Strong Buy (3.50 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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