Norway's Saevik family has refinanced eco-ferry group Fjord1 in a NOK 3bn ($340m) deal involving Vision Ridge Partners and Allianz Global Investors.
Vision Ridge, a US alternative asset manager focused on sustainable investments, will own 50% of the shipowner, with the Saeviks' Havila Holding having the rest.
Allianz partially financed the acquisition and refinancing of the existing debt by providing the NOK 3bn.