Norway's Wilhelmsen group is pumping more money into the renewables sector in a deal with Ostensjo Group's Edda Wind.

Wilhelmsen said it has exercised an option to buy another 25% of the company, adding to the 25% it acquired in September last year.

The maritime conglomerate, whose main company Wilh Wilhelmsen Holding is listed in Oslo, said its ambition is to be "a player in renewable energy and decarbonisation".